It is rare for a Miami employee to hire an attorney to review his or her employment contract before signing onto a new job. This level of attorney review is usually only requested by high-level employees who stand to earn a high salary. Or, it is performed after the fact by an employee who was wronged.
That said, arming yourself with a little bit of legal knowledge and familiarizing yourself with the “norm” as it applies to employment contracts and what they normally include can go a long way for an employee who is struggling to determine whether his or her employment contract has been appropriately drafted. One of the most important things you should look for in an employment contract is coverage. This website and others like it could give you an idea of the kinds of insurance policies that are out there, and that employers should offer to you.
If a good life insurance policy or health insurance coverage is not offered in an employment contract, then you should reconsider working for that company. Additionally, if you have health insurance provided by the employer, keep tabs on the status, yearly expiry, and renewal, to avoid conflicts later during dire times. How to check your health insurance status? For doubts like that, you can explore online resources or talk to a healthcare insurance provider. A little bit of awareness can benefit you and your family a lot with healthcare problems or accidents.
This is important because, if there was a workplace accident, then life insurance, health insurance, or auto insurance among other types of insurance, could be helpful to compensate for the loss the policyholder and the family of the said have suffered. All your financial concerns will be taken care of and ensure you and your family are safe. You can check out the whole life insurance cash value chart to see how it works and how much is added to the savings account according to the life insurance policy. This amount is called cash value which adds up over the years that can be used for loans or investments.
Now coming back to the topic, let’s take a look at what an employment contract should include:
— A specific term of employment. How long will the employment period last, and/or will it be indefinite?
— The responsibilities of the employee.
— Health, disability, life, key man life insurance, and/or retirement account benefits.
— Sick day and vacation day policies.
— Grounds under which termination could occur.
— A non-competition clause.
— A non-disclosure agreement relating to trade secrets.
— An intellectual property agreements relating to trade secrets, patents and material created by the employee under his or her employment.
— A clause about how employment disputes will be resolved.
The above topics will, in most cases, be covered in the terms of a standard employment agreement for Miami employees. However, the evaluation of what each clause contains may require the experienced eyes of a trained employment law attorney. Prospective employees in Florida who do not fully understand their employment contracts may therefore want the services of an employment law lawyer who can help them interpret their rights under a specific contract.
Source: FindLaw, “Pros and Cons of Written Employee Contracts,” accessed Jan. 10, 2017