Getting a new job can be one of the most exciting times in a persons life. It can change your possibilities with new benefits, a great salary, and fulfilling accomplishments, but experiencing and maintaining career success requires an excellent contract that doesn’t take advantage of your time and skills. Employment contracts have a substantial effect on your working conditions, salary, benefits, hours, responsibilities, and authority within the workplace. This is why having an attorney to review and negotiate your employment contracts is crucial to ensuring that you get what you deserve from your new job.
Once an employment contract is signed, both the employer and the employee are bound by the agreed upon terms of that contract. Employment contracts can determine the length of a persons employment, the ability of the employer to terminate them, and clearly define whether or not the person is an employee or an independent contractor.
Parts of Basic Employment Contracts
Non-Compete clauses are agreements between employers and employees that restrict the employee from working for direct competitors of the company with which he or she signs the agreement. Some non-compete clauses last only during the time of employment and others extend for a time beyond employment and can even affect the locations of where the employee may or may not work for competitors.
Severance clauses deal with the aftermath of an employee leaving the company. Severance packages can include extended compensation and benefits. Severance packages can change depending on whether an employee resigns, is fired, or laid off.
A confidentiality agreement restricts the employee from discussing or otherwise sharing information during and after employment. Most confidentiality contracts are permanent after the period of employment. Sometimes materials created by the employee, such as documents or other information, during his or her time of employment are covered under this confidentiality clause and considered to be the property of the company.
Employment Contracts Renegotiation
After you have signed an employment contract and have worked at the company for some time, you may be able to renegotiate your contract with your employer. Contract renegotiation modifies and updates the terms of your employment such as salary, benefits, stock in the company, title and responsibilities, and bonuses. These negotiations can be very difficult and strenuous, which is why you need legal counsel to interpret the terms and look out for your assets and interests.
Protect Yourself, Get the Right Contract
Its hard enough to find a job that you will love, one that will satisfy you and ensure your success. Protect your job and protect yourself by making sure that the terms of your employment are suitable to your wants and needs. Roybal-Mack & Cordova, P.C.’s team of attorneys will review and negotiate your employment contract to protect your interest and give you the best working conditions possible.