Written commitment: Job change: What is a letter of intent, actually?
Before signing the new employment contract, some employees and employers sign a letter of intent. What the letter of intent means legally - and when it can have consequences.
Kathrin Schulze Zumkley, a labour law expert from Gütersloh, notes that a Letter of Intent, often used when employees switch employers, is not always legally binding. It typically documents the parties' intention to conclude an employment contract, but may not lead to one. However, if essential contract components are specified and no reservations are mentioned, courts may consider it a binding preliminary contract, especially if both parties have signed it.
In cases of fraudulent withdrawal of a job offer, a candidate who gave up their secure job based on the Letter of Intent may be entitled to compensation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
