Starting a new job is exciting and you are likely eager to get the ball rolling in your new position. But before your first day, you may be presented with an employment contract to sign prior to beginning work. It is important to have a clear understanding of these contracts, so you can recognize whether a provision in the agreement is important to you.
Common clauses in employment contracts
Many employment contracts share some common clauses. These clauses can be detailed to mee the needs of the specific employee and employer.
Most employment contracts contain a job description. This should include a detailed description of what your employer expects of you. Make sure to clarify all parts of your job duties. This way you have a good understanding of your position in the company, and you can understand why you are not doing your job duties, should it come to that.
Employment contracts can also detail when you could be terminated. It is important that it is made clear under what circumstances you could lose your job before the end of the contract is up. Conversely, these provisions could also include the terms on which your contract could be extended.
Your employment contracts can also include a detailed description of your compensation. This includes not only your wages, but also benefits and bonuses. You deserve to know exactly how you will be compensated for the work you do.
Some employment contracts also include restrictive covenants. For example, the contract could prohibit you from working in a certain area if you leave their employment. The purpose of such a “non-compete” is to protect the employer’s interests from competitors if you leave their employment.
Seek help with your employment contract
It is always advisable to carefully read your employment contract before signing. You will want to make sure you have a clear understanding of all contract provisions. If you are confused about an employment contract or even if you simply want to run it by a professional, you can ask an attorney to review the agreement.