An employment contract in Holmdel, consists of a legally binding agreement between the employer and the employee for conditions stated for the employment relationship. In New Jersey, many 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 form of control over productivity.

Common Terms in New Jersey Employment Contracts

An employment contract in New Jersey will normally provide for the following terms: job position description, compensation, duration of employment period (or at-will), and grounds for promotion/termination. Please note, however, that contracts can contain other less common clauses. First, for instance, an arbitration clause may require the parties to forgo the right to sue in the event of an employment dispute.

Also, termination or severance clauses detail the procedure for ending employment. Courts have held that when an employer violates these in firing an employee, the employee may sue for wrongful termination. Moreover, 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 Holmdel Lawyer Help?

Holmdel lawyers who specialize employment laws for the state of New Jersey may help you out in understanding the contents of any given employment contract. 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.