An employment contract in Peterborough, consists of a legally binding agreement between the employer and the employee for conditions specified for the employment relationship. In New Hampshire, most employment contracts are negotiable to enable both parties to arrive at an unique agreement suitable for the 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 New Hampshire Employment Contracts
Terms that are included in the majority of employment contracts in New Hampshire include the job description, salary or compensation, length of employment (or if it at will) and grounds for termination or advancement. Contracts may 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.
Furthermore, 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. Thirdly, information or work that is obtained or completed by an employee may be subject to confidentiality and non-compete clauses.
How Can a Peterborough Lawyer Help?
Lawyers in Peterborough who specialize in New Hampshire employment laws may 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 particular terms that will address your specific concerns as you enter or leave employment.