An employment contract is a tool that may guarantee bonuses, job security, and career growth. However, if you are not careful enough, the employment contract may turn into a real trouble for you. Employees need to protect themselves from unlawful practices by some employers. Hence, there are certain things you should keep in mind when signing an employment contract.
Number one thing you should do before signing the employment contract is not just skimming the document, but reading it carefully and in detail. Most contracts are written in quite an understandable way. However, if you find the language of the document too hard to understand, then you had better ask a company representative to help you with it, providing proper descriptions to the statements in the contract. You can even ask them to clarify certain things in the contract so that there is no misunderstanding between you at the end.
You should know what may make the employer terminate you from work. Sometimes, employers say that bad performance may bring to termination, however, you should find out what they mean by “bad or no performance.”
Not overlooking the importance of the previous tip, you should also make sure you have got an escape clause in your contract. Constantly changing working conditions, reduced salaries and many other factors may make you want to leave the position. Thus, make sure the terms of the contract make it possible that you leave the job whenever you need to.
Another crucial thing you should take into account when signing an employment contract is securing your intellectual property. Usually, an employee may create something using his/her free time after work and then may be able to sell that invention at a high price. In order to exclude the employer’s claims for that product, you should insist on having a line about such incidents in the contract, too.
These are some things to consider before signing an employment contract. If you have something to add to this, you are free to comment below. Do not forget to share this information with people you care about!