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.
Arbitration Reduces Costs and Time
The American Bar Association has stated that arbitration costs less than litigation because arbitration:
- Does away with nearly all pre-trial motions to dismiss
- Doesn’t permit certain kinds of discovery which can mean fewer disputes and motions about the discovery
- Removes detailed pre-trial orders which allows for the quick move to a final evidentiary hearing
- Allows for admission of evidence in a simpler and less technical manner
- Gives a final and agreed upon decision that limits the possibility of appeal
Typical Arbitration Cases
Some of the most common types of arbitration are:
- Negligence
- Breach of Fiduciary Duty
- Breach of Contract
- Omission of Facts
- Failure to Supervise
- Misrepresentation
- Fraud
- Suitability
- Unauthorized Trading
EXPERIENCED ORLANDO ARBITRATION ATTORNEYS WORKING FOR YOU
If you want to avoid going to court and find a more equitable outcome to your case, then our lawyers are ready to help you. A recent study stated that in only 15% of trials did both parties feel they made the right decision by going to trial. Often the plaintiff was awarded more than what the defendant was offering but less then they were seeking.
At Jordan Law, our attorneys have a great understanding and appreciation for the American Arbitration Association and can assist you in reaching the best decision in a cost-effective and timely manner.
BUSINESS LAW PRACTICE AREAS
Business Formation
Partnership Disputes
Employment Agreements
Contract Review
Business Litigation
Asset Protection
Non-Disclosure Agreements
Buy/Sell Agreements
Landlord – Tenant Disputes
OUR LAWYERS FIGHT FOR YOUR RIGHTS
LET’S WORK TOGETHER
If you have a business or professional matter that you need an experience attorney to assist in you with, then please contact us. Our lawyers are ready to help you out with your situation and are waiting to discuss it with you today.