Understand The Pros, Cons And Nuances Of An Employer Agreement
The relationship between employers and employees can be complex, especially when the expectations and obligations of both parties are unclear. An employment agreement can offer both sides more transparency and a legally binding tool to ensure that both parties meet the stated expectations within the contract.
Attorney Aimee Lin, at Sato Lin LLC, has broad knowledge and experience managing employer agreements. She can help clients ensure that the contracts they enter are fair and help them review the fine print to discover if there is anything within the agreements that could hurt them long-term.
What Is An Employer Agreement?
Employer agreements outline the terms and conditions of employment between an employer and an employee. Within the agreement, the employer can specify things like:
- The job duties of the employee
- The length of time that the employee must work for the employer
- The compensation the employee will receive and when they will get raises
- How much of a raise the employee will get
- Employee benefits and entitlements
- When an employer can terminate an employee
- When, where and how the employee will complete their work
Those with questions about their employment agreement can call 973-834-3175.
Different Types Of Employer Agreements
These are some of the different formats that employer agreements come in:
- Written contracts: Written contracts are the most common. An employer and their lawyer draft a written contract that includes all the terms and conditions of the agreement. The employer presents the contract to the prospective employee. If the prospective employee signs the contract, then they have legally agreed to the terms and conditions of the agreement.
- Verbal contracts: Verbal contracts are not as standard. However, some employers still use them. In an oral agreement, employers verbally list the terms and conditions of employment with the prospective employee. If the employee agrees to these terms, then the conversation can serve as a legally binding contract. However, because these contracts aren’t in writing, they can be more difficult to uphold if they’re legally challenged. Recording the agreement or having a witness present can help ensure that both parties are clear on expectations.
- Freelance contracts: These contracts outline the scope of work for freelance workers employed full time by the company. The terms of these contracts typically include the number of projects that the freelancer will complete, the time it will take for them to complete them and the amount that the company will pay the freelancer.
- Implied contracts: These contracts have no formal written or oral component. Instead, implied contracts rely on less direct expectations. Expectations for implied contracts stem from comments made during a job interview or requirements in a job description.
Aimee has extensive experience handling all different types of employment contracts. She can use her knowledge and work on previous cases to provide clients with well-informed advice. This can help them reduce their risks and increase their chances of success.
The Pros And Cons Of An Employer Agreement
Below is a breakdown of some of the benefits and drawbacks of employer agreements.
- Clearly defined expectations of employers and employees
- A sense of job stability and security
- A level playing field for employers and employees – both can negotiate the terms of the agreement
- Potential legal challenges for both parties if either party breaches the contract
- Difficulty negotiating agreement terms once both parties sign it
- Limited flexibility in the employment relationship
Countless industries use employer agreements. Parties considering entering an agreement may want to evaluate their options to see if it’s right for their business. Additionally, employees looking to enter these agreements may want to see if the terms and conditions of the agreement are fair for them.
Aimee Can Help Review, Negotiate And Perfect These Agreements
Creating or agreeing to an employment contract can be cumbersome. It can be challenging to know what should go into one or whether the terms and conditions are reasonable. Aimee can simplify things for employers and employees to help both make intelligent and strategic decisions about the agreements they enter. She takes clients from New York City and New Jersey.
People can call Aimee at Sato Lin LLC or visit her contact page to schedule an initial consultation today.