Employment Agreements

Written by Kathleen Gagne
Bookmark and Share

Employment agreements are documents that are used to establish a relationship between individuals and companies. They can be as complex or as simple as necessary, and this factor is often related to the scope of the position offered and the accompanying salary. Whichever side of an individual agreement you are on, it is a given that you should have your attorney look at the document before you sign it.

Components of Employment Agreements

Your employment agreement may take the form of an individual contract for upper level management. It might, however, consist solely of an employee handbook that must be read, agreed to, and signed as a condition of employment. The two major issues surrounding employment agreements are how well they protect the company's assets and how well they promote employee satisfaction. The end result of the latter can be an important factor relating to employee retention which, in turn, can benefit the company.

Employee agreements are a virtual necessity in today's competitive economy. Company policies, procedures, record keeping systems, and, especially, company benefits must all be clearly defined for all concerned. A well done employment agreement will include policies and procedures intended to indicate the company's adherence to government laws and regulations that benefit employees.

Where to Find Employment Agreements

If you are just beginning the process of developing an employment agreement for individuals as well as a handbook for all of your staff, you may want to look at samples and templates available online. In some cases, you can purchase access to templates that can be customized, or you can find one that needs very little in the way of changes in order to work for you. Again, whether you develop your own agreement or handbook or purchase one online, you should run it by your attorney before using it.

Bookmark and Share