Contract of Employment
This is a formal agreement between you and a new employer in which you agree to fulfill certain duties in return for a specific wage or salary. A contract may also require you to keep company information confidential or to sign an agreement that you will not accept a job with a competitor for a certain period of time following the termination of your employment. Such non-compete covenants and other post-termination restrictions are unenforceable unless your employer can demonstrate that they are necessary to protect their legitimate business interests. The employer may agree to cover certain expenses related to moving or relocation, as well as offering other benefits, such as a pension and private medical insurance. Having an employment lawyer review your contract can be a smart investment, to make sure you understand the career and financial implications of what you are signing. Often, the terms are negotiable.
