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Tips on negotiating an employment agreement

On Behalf of | Feb 22, 2021 | Employment Contracts

When a company hires you in New Jersey, you don’t have to accept the first contract that the employer offers. You may want to negotiate your contract to ensure that you’re signing a fair agreement. If you don’t, you won’t be able to take legal action unless your employer actually breaks the law or the terms of the agreement you signed.

How can you negotiate your contract agreement?

An attorney could help you review your employment contracts and ensure that you’re getting a fair deal. During this time, you may want to review the pay agreement and see if you’re entitled to any raises or bonuses. Some contracts have clauses that allow your employer to reduce your salary at any time, within reason.  This can be legal so long as you sign a form agreeing to the decrease in pay.

You should also review  the benefits offered and make sure that an employer offers everything you need. Depending on your circumstances, you may need health insurance, dental insurance, disability insurance, a life insurance policy and a retirement plan. Additionally, look at the vacation days and sick day policies to ensure that you receive a fair amount of time off. If not, you may want to negotiate for a different arrangement.

If you’re going to be working outside the office, make sure that your employer reimburses you for gas, phone calls and other expenses. The organization may offer a company cell phone or credit card. If you must relocate to take the job, your employer should pay you to do so. Otherwise, you may have to spend thousands of dollars before you even start working.

How can you negotiate an employment contract?

Negotiating your employment contract can be a little intimidating. An attorney could review your contract and make sure that you’re getting a fair deal. If you’re not, he or she could help you negotiate different terms with your future employer.