Below is an article I have written regarding employment
agreements in Florida. While it sets forth general
information, no two employment agreements (and their surrounding
circumstances) are the same. Please feel free to call me to
discuss your particular employment agreement.
Employment Agreements – What You Should Know
In Florida, written employment agreements are not
mandatory. However, employers will often require them
when hiring management, sales personnel, technical experts and
other key employees.
An employment agreement will address some or
all of the
following issues:
-
Job description and duties
-
Term of employment
-
Compensation (both cash and non-cash, such as stock
options)
-
Bonuses, including signing bonuses
-
Payment of moving expenses
-
Vacation and sick time
-
Health insurance
-
Fringe benefits (e.g., a company car, cell phone,
laptop etc.)
-
Ownership and assignment of inventions and
discoveries made by the employee while employed
-
Confidentiality and treatment of trade secrets
-
Non-competition - both during and after employment
-
Reasons for termination of employment
-
Severance benefits
-
Last day at work
Be sure to have an attorney review the agreement
before you sign it. The attorney can discuss the
effect of the agreement with you. For example, he or she
will be able to explain the scope of any non-compete and the
impact that it will have on your ability to find work in the
future. Similarly, he or she can advise you as to
whether the terms are typical or out of the ordinary for the
industry that you work in.