An Aspen, Colorado employment contract is an agreement where the employer and employee each intend to legally bind the other to specificed conditions in the work relationship. Many Colorado employment contracts can be negotiable since both parties benefit from a suitable agreement that is unique to their circumstances. If conditions are met, the employment contract for a set period of time will provide the employee with a guarantee of job security. It also gives employees some degree of control directly over employee productivity.
Common Terms in Colorado Employment Contracts
An employment contract in Colorado will typically provide for the following terms: job position description, compensation, duration of employment period (or at-will), and grounds for promotion/termination. Nonetheless, there are also other, less common, clauses that are worthy of notice. First, an arbitration clause requires parties to forego their rights to access the courts for any employment dispute.
Additionally, the contract can contain a termination clause, also known as a "severance clause". Courts have held that employers who violate these clauses when firing a person may be sued for wrongful termination. Additionally, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can an Aspen Lawyer Help?
Aspen has many lawyers specializing in Colorado employment law who may help you understand what the terms of the employment contract are. You may also get advice from a lawyer about fairness in the contract terms, and they will negotiate specific clauses that will meet your needs in beginning or ending employment.