Salary increases awarded as a result of performance reviews
represent a good opportunity for employers to improve their
employment contracts with employees.
Some employees may have no employment contracts in place, whilst
others may have signed a letter of appointment when they commenced
employment a number of years ago (having since performed multiple
roles). Some employees may simply have out dated or deficient
contracts.
Common deficiencies in employment contracts include:
- notice of termination is not dealt with or is dealt with
inappropriately
- there are no post-employment restraints or alternatively, the
current restraints are not enforceable
- the contract does not sufficiently protect the
employer's confidential information and intellectual
property