Not a fan of that. A scheme to allow business owners to make bad decisions, fix the decisions, and the employee loses out.
A better way would be to have some sort of probation period, like new hires have.
(I haven’t read the detail), but I assume someone could be in a role for 50 years and get fired for no reason, without any legal recourse
A lot of those “high paying” leadership roles take a long time to find - a guy I know lost his job and it took a year to find a new one. He would have been better off being overqualified in a lesser role!