A Boulder, Colorado employment contract is an agreement where the employer and employee each intend to legally bind the other to certain 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 usually 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.
Also, a severance clause or "termination clause" outlines the process for ending the employment. Courts have held employers liable for wrongful termination when violating such clauses. Furthermore, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Boulder Lawyer Help?
Lawyers in Boulder who specialize in Colorado employment laws can assist you in determining what employment contracts contain. You can also obtain counsel from an attorney as to what is fair in a contract. They can also negotiate terms for you with regards to concerns with entering or terminating employment.