There are a number of different kinds of employment agreements that can be introduced to you by your employer. Continue reading to learn more and reach out to our skilled Chesterfield County employment agreement attorney today. Our firm is here to help you.
What are the different types of employment agreements in Virginia?
Non-Disclosure Agreements: A non-disclosure agreement refers to a contract that is signed by an employee to stop them from discussing or otherwise communicating a company’s confidential information. Employees are usually mandated to sign this legal document when a company empowers an individual with trade secrets and other confidential information. In some instances, the consequences for violating a non-disclosure agreement are listed in the agreement itself. However, there can be times when an employee may be wrongfully accused of violating a non-disclosure agreement. If you are currently facing this situation or if you need an attorney to assist you in exploring the agreement before you choose to sign, our firm can help you.
Non-Compete Agreements: A non-compete agreement is a legal document that employers will usually instruct their employers to sign before they are employed. A non-compete agreement confirms that certain employees cannot acquire employment in a substantially similar position for a competing company and use their previous company’s private information or strategies against them. This is often mandated for employees who are privy to private company information such as marketing strategies. However, there are some cases where non-compete agreements may be unfair or too broad in their scope. Essentially, this refers to an agreement that is too broad in terms of geographic location or too long in duration. In addition, Virginia law prohibits non-compete agreements for lower wage earner. Do not wait to reach out to our firm today if you believe that the non-compete agreement that your employer is directing you to agree to is unfair.
Severance Agreements: If a company lays off an employee, the company may offer the employee a severance package. This is an agreement that provides the employee with a specific amount of money for a certain amount of time in exchange for the employee’s pledge that they will comply with the severance agreement. Severance packages often come with a number of different conditions, which is why it is critical to understand them all. Though the compensation is a great way for employees to have financial assistance while they look for another job, they may no longer be permitted to take legal action against the company, say harmful things about the company, and more. For advice about your severance agreement, our firm is on your side.
CONTACT OUR VIRGINIA EMPLOYMENT ATTORNEY
At Passero Employment Law, we understand it is difficult to confront problems in the workplace or face litigation. With that in mind, we take a solutions-oriented approach to our representation – focusing on the right process and the right solution for each of our clients. If you need help with an employment law matter in the state of Virginia, you can count on Passero Employment Law to effectively represent your interests. If you would like to discuss your matter, please contact Passero Employment Law today.