Employment Agreement

Employment agreements for sports destination leaders are relatively uncommon.

• Only 18% of those surveyed indicated they had an employment agreement, and an additional 5% were unsure.

• Leaders from organizations with a budget exceeding $1M (30%) were more likely to have an employment agreement than those with a budget under $1M (14%).

Do you currently have an employment agreement?

Do you currently have an employment agreement?

• 94% of respondents do not have a severance package payout within their employment agreement. > 1M < 1M

Nearly one-third of industry leaders do not have complete authority for managing professional staff.

• 57% of respondents noted they had complete authority for managing professional staff, 30% did not have such authority, and another 10% were unsure.

Employment Agreement: Complete Authority for Managing Professional Staff

Key Insights

• Expert Insight: “Employment Agreements are important and beneficial to both the employee and the organization. This clarifies the working relationship and ensures an understanding of expectations regarding responsibilities, compensation, and benefits. Employment Agreements for leaders are key in our research on compensation and benefits.” – Mike Gamble, President & CEO of SearchWide Global

SearchWide Global partners with Destinations International (DI) to conduct a Compensation and Benefits study. DI also has a Compensation and Benefits Reporting Platform that allows destination organizations to input their current salary and benefits structure and compare their practices with peer destinations across the country.