A Greenwood, Colorado employment contract is an agreement where the employer and employee each intend to legally bind the other to particular conditions in the work relationship. Most 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 amount 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 normally provide for the following terms: job position description, compensation, duration of employment period (or at-will), and grounds for promotion/termination. Some clauses are less common but still worthy of being noted. First, the contract might include an arbitration clause which requires that parties forgo going to court over an employment dispute.
Second, 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. Also, non-compete clauses and confidentiality clauses make the information or work obtained or completed by contract employees subject to particular rules.
How Can a Greenwood Lawyer Help?
An Greenwood attorney specializing in Colorado employment law can help you to understand what a given employment contract contains. An attorney will also counsel you in obtaining what is fair to you in the contract terms, and they can help negotiate agreements addressing your needs as you begin or end employment.