A Lakewood, 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. Employees with an employment contract specified a time of employment are provided with a guarantee of job security if conditions of the contract are met, and it allows their managers to have some type of control over productivity.
Common Terms in Colorado Employment Contracts
Terms that are included in the majority of employment contracts in Colorado include the job description, salary or compensation, length of employment (or if it at will) and grounds for termination or advancement. Please note, however, that contracts can contain other less common clauses. First, for example, an arbitration clause might require the parties to forgo the right to sue in the event of an employment dispute.
Second, 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. Additionally, work that is completed by an employee, or information obtained by them are covered in clauses known as confidentiality clauses and non-compete clauses.
How Can a Lakewood Lawyer Help?
An Lakewood attorney specializing in Colorado employment law can help you to understand what a given employment contract contains. Also, a lawyer will advise you about what you think is fair in the employment contract, and they can negotiate the details when you enter or leave employment.