As a tech employee in California, it’s important to have a solid employment contract that protects your rights and interests. Here are some key elements to include in your contract to secure your future in the tech industry:
- Job duties and responsibilities: The contract should clearly outline the job duties and responsibilities expected of the employee. This helps to ensure that both parties have a clear understanding of what is expected of the employee and can help to avoid misunderstandings or disputes down the road.
- Compensation and benefits: The contract should detail the employee’s salary or hourly rate, any bonuses or commissions, and any benefits such as health insurance or stock options. But you can also try to negotiate for stock shares that vest, that means that shares are granted to the employee, but they only become available to the employee over time, usually based on the employee’s length of service or the achievement of certain performance goals. This is different from stock options, which give the employee the right to purchase shares at a future date, usually at a discounted price. Stock shares that vest are more beneficial for the employee because they provide a sense of ownership and alignment with the company.
- Non-compete and non-solicitation clauses: These clauses can limit an employee’s ability to work for a competitor or solicit business from the employer’s customers after leaving the company. It’s important for employees to understand these clauses and the potential implications for their future career opportunities.
- Termination and severability: The contract should specify the circumstances under which the employment can be terminated, whether by the employer or the employee, and what happens in case of termination. It should also include a severability clause which states that if any part of the contract is found to be invalid or unenforceable, the remaining parts of the contract will still be valid.
- Pre-negotiate severance terms in the event that the employer decides to terminate the working relationship.
- Intellectual property rights: For tech employees, it’s important to include a clause that states who owns the rights to any inventions, software, or other intellectual property created during the course of the employment.
Contact Salusky Law
As a tech employee in California, it’s important to protect your rights and interests by having a well-drafted employment contract. If you need help negotiating an employment contract or have any questions about your rights as an employee, we recommend reaching out to Salusky Law Group for assistance. They can provide expert guidance on how to navigate the complex legal landscape of the tech industry and help you secure your future.
If you would like to speak to our experienced legal team, please contact us.