We all know it’s vital to read through all the fine print and scan every detail before signing any contract. However, when it comes to employment, most professionals are eager to secure the position and overlook this step simply because they don’t want the opportunity to slip through their fingers. But, it’s more important to start your job with confidence regarding the legalities than to focus on how to fit in at the new position.

There are so many employment scams lurking around to be wary of. On the other hand, if your contract does not contain all the correct details, you could find yourself in hot water later on.

So, we’ve listed the essential things every employee needs to know about employee contracts.

Income And Wage Details

It’s never wise to accept a job offer before knowing the payment details. But with that said, it’s also not wise to assume that the verbal salary offer will match the written proposal. So, be sure to double-check that these two details match.

Your employment contract should specify all the details surrounding monetary compensation. These details must include bonus and reward structures, company benefits, vacation, and sick leave pay. If your contract is missing any income and wage details, you might later find yourself entering wage disputes without much evidence to prove your case other than a verbal promise.

Non-Compete Agreements

Often, employment contracts include non-compete agreements. Sometimes, these agreements are referred to as restraint of trade. This clause explains a contractual agreement in which the employee may not engage clients and businesses that compete with the employer.

Because these clauses are binding, it can be tricky to get out of them, and it’s often required to consult an employment lawyer to assist. While HKM Employment Attorneys can help you exit a non-compete agreement legally, it’s essential to check this detail before signing an employment contract.

The Resignation Process

Often, employment contracts should include a clause that clearly states the acceptable resignation process. This process must complement the labor laws and relative state laws.

With this, you must be aware of the correct process to ensure you are not breaching your contract in the event that another career opportunity with better benefits comes along.

Leave Entitlements

It will be quite an upsetting mistake to start a job with much enthusiasm, only to later realize that you won’t be getting nearly enough leave entitlements. Because leave entitlements can vary drastically from one employer to the next, it’s vital to check these details on your employment contract.

Furthermore, the leave entitlements must also align with labor laws. If your employer is not providing enough leave time, you are entitled to file an internal complaint before seeking legal counsel.

Employment contracts are often lengthy, and sometimes contract jargon can be tricky to understand. But with this, if you are struggling to understand the details of your agreement, it’s best to consult your human resources department for assistance. Alternatively, you can also rely on an employment lawyer to evaluate components that are not in line with labor or state laws.