O’Brien & Ryan, LLP prepares and reviews employment contracts for health care practitioners, as well as for employers and employees outside of the health care industry. Typically, these contracts include a restrictive covenant, which is commonly referred to as a non-competition provision. The restrictive covenant aims to protect an employer from an employee who leaves the employment relationship and then seeks employment that is in direct competition with the former employer. The restrictive covenant places limitations on where the former employee is permitted to work and also provides a time period in which the limitation applies. The effectiveness and reasonableness of the restrictive covenant has been frequently challenged and therefore, it is imperative to fully understand the intricacies of the restrictive covenant before entering into the employment contract.
In addition to restrictive covenants, employment contracts will discuss benefits and compensation. Employers and employees need to carefully scrutinize the benefits and compensation that will be offered and accepted in order to ensure that a fair and reasonable package is being offered. Without ample consideration of the benefits and compensation, the employer or employee could be faced with a long-term commitment that does not provide what is rightfully deserved.
For more information on employment contracts, please contact Anthony P. DeMichele.