EMPLOYMENT CONTRACT LAWYERS IN ORLANDO
Are you bringing a new person into your company? You need to make sure they know what their position is and what you expect of them. Additionally, they need to know what they should expect from you and what support you’re going to provide them to allow them to do the work you’re hiring them for. That’s why you need an employment contract that works to protect you both. Please contact us today.
How Employment Contracts Work
An Employment Contract is an agreement between an employee and an employer. It details the responsibilities of both parties to own another and, preferably, states them in a way that is clear to all what is expected.
Here are some of the areas you will want to make sure you look into if you’re about to hire someone or start a new position:
- Salary, Wages, and Other Payments: How will the employee be paid, on what schedule, and at what rate? Is there a Bonus structure, if so how will those payments work? Are there any other financial compensation methods that need to be included and worked out?
- Schedule: What days and hours will be worked?
- Duration of Employment: How long will the employee be expected to stay within the role at the company? This might be open-ended or there may be a specific review period that must be met, or an annual renegotiation of the contract, etc. All of these should be discussed as part of the contract formation.
- General Responsibilities: What duties and tasks will the employee be expected to fulfill while at the company?
- Confidentiality: Is there anything the employee can’t talk about? This section may go into a separate Non-Disclosure Agreement (NDA) or may be included as part of the Employment Contract
- Benefits: What other benefits are offered by the company? Healthcare, 401k, vacation time, etc. should all be included in this section.
- Future Competition: Some positions may require a Non-Compete Clause (NCC) which will outline that the employee is not allowed to work for another company in the same industry or in a similar position for a specified area or amount of time after leaving the company.
If any of these areas aren’t in your Employment Contract, you may want to ask about them and make sure they’re added. They are there to protect both the employer and employee an ensure everyone is on the same page.