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What’s top of mind at the watercooler.
After several interview rounds and endless networking mixers, you’re probably tempted to sign the first offer letter that hits your inbox ASAP. But before you sign, seal, and deliver any employee contract, read the fine print! To get the skinny on everything you need to know about employment contracts, Sidekick spoke with labor attorneys Mahir Nisar and Brian MacDonough.
Any employee agreement—including an offer letter—is considered a contract as long as it represents material terms (such as pay, employment term, and benefits), MacDonough told Sidekick.
So first and foremost, make sure you understand the nature of the employment. Nisar and MacDonough laid out some specifics:
Ask lots of questions. Is it a contractual agreement that is set for a certain term? Or is it an at-will agreement, which gives the employer the right to terminate you at any time with or without cause? Is there a notice provision that gives you the right to two weeks’ or one month’s advance notice in case of pending termination?
Usually the type of employment determines whether other clauses (aka “restrictive covenants”) are applicable, such as relocation reimbursement, non-compete agreements, and non-solicitation terms, MacDonough explained. If you do encounter any of these clauses, be cautious because both attorneys...
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