Back
The War Room
Advice
Post

Contract term for hiring??

Has anyone heard of this?


I met an employer who was looking to hire an SDR with a view to promote them quickly into a full cycle AE position. Solid product, pretty good user base already, good comp package.


They're looking to have the new hire stay for 1 to 2 years, which is fine and dandy... BUT they said they'd want to have that term in the hiring contract, because they're afraid of turnover especially after they devote time and energy to training, onboarding, ramping etc.


Haven't seen the terms but anyone heard of anything like this? This is in the US.

๐Ÿ‘ฅ Hiring
4
DadFather
Politicker
+5
Enterprise Account Executive
Iโ€™ve seen that term used on relocation bonus or signing bonus before but was never enforced.ย 
BigCheese
Big Shot
+13
Agency Recruiter
This is fairly common in the IT industry. I recruited for a ton of positions like these in my previous role. They're essentially probationary periods. Easy for the company to part ways at the end and it's low risk as they expect a lot of them to flare out.ย 

Honestly haven't heard of that for an SDR role, but I guess it makes sense - end of the contract, either promote to AE or cut ties. If you can't prove you're ready to jump to AE after 2 years, time to go, not the employee they're looking for long-term.
Coffeesforclosers
Notable Contributor
+11
Director Sales and Market Development
Wow, no thanks. If they are that burned by attrition they are doing alot of things wrong if they have to have a prisoner for 2 years. Giant red flag in my opinion.ย 
HarryCaray
Notable Contributor
+14
Regional VP
Haven't seen it personally, but I'd be a little cautious going to work for a company that wants me to sign a contract saying I won't leave.ย  I'd have to dig into why they've burned through so many reps that they've resorted to adding new hire contract language.
3
Contract renewals
Discussion
15
How far out?
+28
Accidental_Sales_Guy , ย  verbalzzzzzz , ย  BCD ย  and 28 people voted
*Voting in this poll no longer yields commission.
4
How does your company handle Early Contract Termination?
Question
4
Contract Policy - Early Termination
+26
SlinginSoftware , ย  verbalzzzzzz , ย  JuicyKlay ย  and 26 people voted
4
What's the most important term and condition you look for in a contract & Why?
Advice
4