Clarify Your Employee-Employer Relationships with an Employment Contract

To many small business owners, the topic of employment contracts is a bit taboo. Some employers think that making a new hire sign a contract or an agreement with items like a no compete clause, NDA or other points of discussion makes it seem like there is no trust in the working relationship right from the start.

We beg to differ.

Employment contracts have been known to actually increase the trust and bond between the employee and the business they work for. Why? Because the business owner understands that they have much more than a verbal commitment from their new hire and are willing to divulge more information to them – information that will make the new hire’s job easier. The peace of mind gained from having your employee’s name on an agreement cannot be measured in dollars and cents, but the return on investment generated from having a quality working relationship with your employees can absolutely fatten your bottom line.

And what does the employee gain?

The employee gains confidence by signing the employment contract, knowing that his wages are guaranteed, that he cannot be wrongfully terminated, and that he will receive the tools and information he needs to get the job done well with no hesitation on your part.

Don’t shy away from using employment contracts when dealing with new hires – especially in today’s job market when it can be difficult to discern good employees from bad. Take back control of your company and your employees and enjoy unrivaled peace of mind.

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About the Author:
Jim Cochran is the Owner of ContractEdge, a legal contract template software company. Jim’s contracts can help business owners retain intellectual property rights on software they paid for.