Employment agreements are now an essential tool for employers. A
written employment agreement allows the employer and the employee
to negotiate terms at a time when they are most optimistic about
their relationship and, therefore, more likely to be fair with one
another. The written agreement will provide answers to questions
that oft en plague employment relationships. However, badly-written
employment agreements can cause more harm than good. To keep you
focused on your agreements, here are the Top Ten items you must
have:
Number Ten: Consideration
The agreement must be agreed to and signed BEFORE the first day
of work. For candidates in existing employment relationships, the
agreement should be provided BEFORE they resign. The candidate
should be sent the offer and be given the opportunity to review it
away from your office and obtain advice, legal or otherwise, before
signing the agreement. Don't allow the candidate to sign the
agreement in an interview.