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13 Essential Employment Contract Provisions

By March 8, 2018December 6th, 2021No Comments

There are as many types of employment agreements as there are industries. A machinist, a college professor, and a non-profit director will all have unique contracts specific to their vocation. But there are universal provisions off of which each unique contract is built. Things like scope of work, compensation, term, and termination are indispensable in any employment agreement because they come into play ten times out of ten. Other provisions like non-competition, work for hire, and confidentiality are protective measures. Still, others act as incentives for valuable employees.

Read this article on the COSE website here, and learn more about each of the following essential employment contract provisions that you should include when hiring.

Illustration of many professionals standing

Descriptive Provisions: Scope of Employment, Compensation, Term and Termination, Probationary Period

Protective Provisions: Non-Competition, Non-Solicitation, Work For Hire, Assignment, Best Efforts, Confidentiality, Alternative Dispute Resolution

Incentive Provisions: Employee Benefits, Employee Liability Protection

 

 

 

 

Gertsburg Licata is a full-service, strategic growth advisory firm focusing on business transactions and litigation, M&A, and executive talent solutions for start-up and middle-market enterprises. It is also the home of CoverMySix®, a unique, anti-litigation audit developed specifically for growing and middle-market companies.

This article is for informational purposes only. It is merely intended to provide a very general overview of a certain area of the law. Nothing in this article is intended to create an attorney-client relationship or provide legal advice. You should not rely on anything in this article without first consulting with an attorney licensed to practice in your jurisdiction. If you have specific questions about your matter, please contact an attorney licensed to practice in your jurisdiction.

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