Is it considered impolite or insecure to ask for an Employment Contract?

  • Creator
    Topic
  • #202271
    happygal
    Participant

    Are employment contracts (basically asking for a minimum time frame they have to keep you) common at CPA firms?

Viewing 8 replies - 1 through 8 (of 8 total)
  • Author
    Replies
  • #778435
    Nessie
    Participant

    I think this topic was covered in REG. Most employment offers are “at will” meaning you can quit and they can let you go without notice. If you are on some type of visa there is a 3 or 5 year “contract.” However it doesn’t mean anything.

    I assume you are in the US.

    AUD - 80
    BEC - 84
    FAR - 80
    REG - 88
    Using Becker Self-Study, Final Review and NINJA MCQs
    Sat for BEC Dec 6th, 2016 !!!! 84!!!!!

    REG Aug 20/15: 88
    AUD: Feb 29/16: 80
    FAR: Jun 10/16: 80
    BEC?

    Becker self-study, Becker Final Review & NINJA MCQS

    #778436
    Mayo
    Participant

    Most jobs in the US are not on contract.

    Mayo, BBA, Macc

    #778437
    Missy
    Participant

    It's flat out not going to happen, the ONLY people I'm aware of who get contracts are those with particular skills that are not easily found elsewhere (professional athletes, very technical engineers, etc) I wouldn't ask, personally.

    Old timer,  A71'er since 2010.

    Finance manager/HR manager

     

     

    Licensed Massachusetts Non Reporting CPA since 2012
    Finance/Admin/HR Manager

    #778438
    happygal
    Participant

    Yah, I am in the US, I was just wondering because it scares me when people say that after busy season their employers asked them to leave and I read an article on yahoo in which a guy asks for a 6 month employment contract so I thought maybe it was common for people to ask their employer for one. thanks guys!

    #778439
    happygal
    Participant

    #778440
    CPA2BEE
    Participant

    I've never had one, but have always had the option. If it is something you insist on, the employer shouldn't have a problem either way. My boss has always held true to his word, and to be honest, if he broke his word I'm not so sure a contract would make everything better. But if you want one, you shouldn't have any reservations on asking for one.

    CA CPA - est. Dec 2016

    FAR - 80
    AUD - 82
    BEC - 80
    REG - 85

    ETHICS - 90
    EXPERIENCE - COMPLETE
    Application for California license mailed 8/4/2016

    #778441
    Nessie
    Participant

    One should always be looking in this economy. Everyone should spend 2% of their time (at least) familiarizing themselves with prospective employment. And like mla said, unless you are a professional athlete, it will not happen.

    As you roll along in your career and become more senior, you may consider an exit package as a way to protect yourself. I know a few people who have them.

    AUD - 80
    BEC - 84
    FAR - 80
    REG - 88
    Using Becker Self-Study, Final Review and NINJA MCQs
    Sat for BEC Dec 6th, 2016 !!!! 84!!!!!

    REG Aug 20/15: 88
    AUD: Feb 29/16: 80
    FAR: Jun 10/16: 80
    BEC?

    Becker self-study, Becker Final Review & NINJA MCQS

    #778442
    Pete
    Participant

    No employer will grant you an employment contract in this economy. All an employer needs to do to replace you is pay out a few hundred dollars to train someone new and POSSIBLY pay you a few thousand dollars for severances (if they are somewhat kind). All-in-all, the few thousand they will pay to replace you is peanuts in the vast scheme of things. Since the employers have the upper-hand, by far, unless you are going for a management position (think CEO, CFO-something with a unique skills, like others have said), it wouldn't make sense for them to have an employment contract with you; it's far easier for them to replace you than it is for you to find a new job.

    I wouldn't even ask about a contract, since that might look bad; it might look like “i'm worried that you'll want to get rid of me for some reason.” They probably wouldn't do this, but there is always the chance they would just go with another candidate applying for the job, if you did end up asking and pushing for one too hard.

    I was at a firm for 6 months, before they got rid of me out of nowhere. Believe me, human capital is expendable these days, unfortunately. The employer easily has the upper hand.

    The other exception is government positions (think IRS), which typically do have contracts. One of the few benefits of these jobs is the relative stability.

    B=84 This exam was such a b**** that I thought I failed-don't know how these things work
    A=76 Slacker I am, I'll happily take it
    R=81 I LOVE taxes
    F=80 I don't wanna get banned for an expletive I'm thinking with "yea" proceeding it

Viewing 8 replies - 1 through 8 (of 8 total)
  • You must be logged in to reply to this topic.