A Silverthorne, 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. 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 form 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 wages, length of employment (or if it at will) and grounds for termination or advancement. Contracts might also contain less commonly used clauses. First, arbitration clauses require parties to give up their rights to sue in court for any type of 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. Furthermore, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Silverthorne Lawyer Help?
Lawyers in Silverthorne who specialize in Colorado employment laws can assist you in determining what employment contracts contain. A lawyer can also lend counsel about what is fair to you in the contract, and can negotiate certain terms that will address your particular concerns as you enter or leave employment.