BENEFITS OF AN EMPLOYMENT AGREEMENT

BENEFITS OF AN EMPLOYMENT AGREEMENT
By: Allen T. May, C.E.O. Westwood Associates, LLC.
Every business needs legally binding employment agreements. They need contracts for different types of employees including full-time, part-time, and casual. Contracts are also necessary for any independent contractors. A good employment contract will spell out what exactly you expect the employee to do - the parameters of the job duties. In addition, the contract will spell out what your employee can expect from you. However, there are other terms that you can include in an employment contract, such as: reasons and grounds for termination, covenants not to compete, non-disclosure agreements, methods for resolving disputes, and anything else you deem important.
A good employment agreement should also define the kind of behavior you expect employees and even contractors to engage in. If employees violate this and engage in behaviors that damage the business then you'll be within your legal rights to terminate their employment. It's a safeguard every small business needs. A good employment agreement will also serve to protect your business if any lawsuits arise. If an employee or independent contractor signs a contract then a business owner can limit a lot of responsibility and damage he or she could face in a lawsuit.
Please feel free to contact us for additional information on employment agreements.