An employment contract in Magnolia, consists of a legally binding agreement between the employer and the employee for conditions specified for the employment relationship. In New Jersey, 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 Jersey Employment Contracts
An employment contract in New Jersey will usually provide for the following terms: job position description, compensation, duration of employment period (or at-will), and grounds for promotion/termination. Other clauses that are less common might also be contained in the contract. These might include: first, an arbitration clause stating that the parties may not sue should a dispute arise regarding the employment
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, confidentiality and non-compete clauses make all information obtained or work completed by an employee under contract subject to particular rules.
How Can a Magnolia Lawyer Help?
Magnolia has many lawyers specializing in New Jersey employment law who can help you understand what the terms of the employment contract are. 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.