Employment agreements can be a useful tool for employers and employees determined to protect their rights and interests in the employee-employer relationship. Exploring the contractual parameters at the forefront of any given employee-employer relationship is a critical first step when crafting an employment agreement. It is equally important to consider what, if any, post-employment contractual obligations are important to protect the parties’ interests. For example, employers should ensure that restrictive covenant provisions, and any provision that implicates wage and hour laws, are legally compliant, while employees should ensure that restrictive covenants, if any, and any other provisions that limit their rights, are written as narrowly as possible and consistently with the law. Employers should also consider whether they plan to provide severance at the time of separation, and if so, explore and specify the applicable triggers. Join us online for a comprehensive discussion of best practices when crafting and negotiating employment agreements and contracts.
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