What is the name of your state? WA
Recently received a signed (by all parties) letter of employment for an executive position. Letter detailed job responsibilities, phased in responsibilities, timeline, pay, bonus, benefits, partnership potential and other specifics. I was to begin work and the day before, I was contacted by owners stating that they now wanted to change the terms of the offer. Reason is primarily because the person currently in the role has said he will quit (they claim they need his insight for a current negotiation of a job gone awry). Because I have since turned down 1 other offer (documented in writing), my ability to gain negotiation advantage is diminished in the small industry I am working in. I will now suffer financial loss and possibly a demotion in job responsibilities (few positions available in the local industry). Is this a breech of contract and what are my options?
Recently received a signed (by all parties) letter of employment for an executive position. Letter detailed job responsibilities, phased in responsibilities, timeline, pay, bonus, benefits, partnership potential and other specifics. I was to begin work and the day before, I was contacted by owners stating that they now wanted to change the terms of the offer. Reason is primarily because the person currently in the role has said he will quit (they claim they need his insight for a current negotiation of a job gone awry). Because I have since turned down 1 other offer (documented in writing), my ability to gain negotiation advantage is diminished in the small industry I am working in. I will now suffer financial loss and possibly a demotion in job responsibilities (few positions available in the local industry). Is this a breech of contract and what are my options?