I work, they pay me. As long as they hold up their end, I’ll hold up mine.

What’s the alternative, against their will employment? That sounds like it would suck all around.

The alternative is having formal employment contracts. I work for the employer for a fixed term. If I choose to leave before that term is up, I have to pay a penalty to the employer. If the employer chooses to fire me they have to pay me a penalty. The exact amount conditions of the penalty are specified in the buy-out clause of the contract.

This is universally how people with actual leverage (i.e. high performing athletes, Fortune 500 C-level execs, etc) get paid.