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Important provisions in your employment contract

On Behalf of | Nov 5, 2021 | Employment Contracts

A Colorado resident can spend as much of their life, if not more, at work as they do with their family. Because a job can take up the finite hours that individuals have each day, they usually want to make sure that their working conditions are as positive and protective as possible. A consistent and good working environment can start with establishing a strong employment relation through successful contracting.

Employment contracts form the understanding that exists between employees and employers. Though they can look different between industries, employment contracts should contain several important provisions. A trusted employment law attorney can help a person look through their prospective employment contract to ensure it is in their best interests.

Duration, compensation and termination

Three important terms that most employment contracts include are duration, compensation and termination. The duration of a contract refers to how long it will last. Compensation refers to what the employee will be paid based on the work they are asked to perform. Termination involves what actions, behaviors or practices may cause the employee to lose their job.

Duration, compensation and termination can be structured differently based on the role the employee plays in their work environment, as well as the type of work they do. However, if an employment contract does not include some or all of these terms, an employee may wish to seek more information before signing.

Restrictions and remedies

Some employers seek to prevent their workers from leaving their employment and moving to competitors. They attempt to do this through restrictive covenants and non-compete terms. An employee who signs a contract with these provisions may limit their future employment options if and when they leave their employer.

Similarly, many contracts address how disputes and conflicts between employers and employees must be resolved. An employee can seek to understand these provisions so that they are prepared to address problems as they arise on the job.

Employment contracts are vital to ensuring both workers and employers know what is expected of them. They are essential in the world of employment law and can serve the interests of all parties when they are properly drafted.