Why Sinclair Employees Don’t Quit

“After Sinclair Broadcast Group Inc. drew widespread criticism for having anchors read a statement taking aim at the integrity of other U.S. media outlets, many wondered why some of the company’s journalists didn’t just quit,” Bloomberg reports.

“The short answer is the cost may be too steep.  According to copies of two employment contracts… some Sinclair employees were subject to a liquidated damages clause for leaving before the term of their agreement was up: one that requires they pay as much as 40% of their annual compensation to the company… They were also subject to a six-month noncompete clause and forced arbitration.”