| A basic employment agreement template can be | | | | the time of signing, most courts will honor its terms. |
| extremely helpful when building a company or even | | | | This can get you out of a very expensive situation! |
| reducing the size of a company during challenging | | | | On the other hand, a detriment of using a pre-written |
| economic periods. There are several pluses and | | | | template is that it may not handle more complex jobs |
| minuses to consider in determining if such an | | | | or specific types of contract projects where there are |
| agreement is right for your business and how to go | | | | a lot of detailed deliverables. Obviously, a basic form |
| about using one. | | | | contract is unlikely to cover all the bases for things like |
| The first benefit to consider is the ability to clearly | | | | international joint ventures, multi-level sales agency |
| delineate the roles and responsibilities of both the | | | | relationships, or insurance services. These are |
| company and employee in a single document. With a | | | | agreements where the costs of an attorney are |
| form template, this process can be quite easy and | | | | justified. |
| quick, even as simple as filling in some blanks and | | | | Another downside to using an employment agreement |
| signing. A good form will have some empty lines to | | | | template is the potential for building inflexibility into your |
| writespecifics about the job role in case the basic | | | | business. In particular, employment law changes may |
| agreement doesn't cover them. | | | | invalidate or make an existing agreement out of date. |
| Another benefit is the clear reduction in legal liability that | | | | If you use the same job template for hundreds of |
| a business can achieve by using a simple employment | | | | employees and the law changes, you may need to go |
| agreement template. When you have clear | | | | back and have them re-sign new contracts. This won't |
| requirements for both parties written in a signed | | | | always benefit the company, though it is a small risk to |
| document this eliminates a lot of the ambiguity and | | | | take to get the significant legal protections afforded by |
| costs associated with lawyers and courts if you are | | | | even the simplest of contracts. |
| ever sued by a current or former employee (or worse | | | | If you are interested in hiring employees in a flexible, |
| yet, the employee's union). As long as the agreement | | | | ethical, and legal manner, your best bet is to start by |
| follows the law and the employee was competent at | | | | using an employment agreement template. |