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SHRM: May 1998: Written Employment Contracts - When? Why? How?



From the Society for Human Resource Management:  Here is a discussion that references professional/executive employment contracts for attorneys. Link below:  It identifies what the contract should contain: 

Executive employment agreements traditionally set the term of employment, compensation and benefits (including special perks such as stock options, incentive compensation programs, and added health, life or retirement benefits), the duties together with requirements for extra community involvement or the limitation on conflicts of interest, and finally any limitation on competing against the company after leaving employment. Employers using executive employment contracts attempt to ensure a definite term for the company’s leadership, as well as ensuring the individual executive focuses his or her energy on the company’s needs.

Employment agreements for accountants, attorneys, doctors and even the artistic professions including advertising and promotional representatives, traditionally limit the professional to performing services exclusively for the employer, may require some “client development” or community activity and most definitely limit post employment competition to the greatest extent allowed by the local law. 


I thought you might be interested in this page that I found on SHRM.org:  May 1998: Written Employment Contracts - When? Why? How?.  You can view it by clicking on the following link:  http://www.shrm.org/Publications/LegalReport/Pages/CMS_000959.aspx