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Employment Agreements

After you have hammered out key pieces of the compensation and job requirements, it is time to put things in writing. Employment contracts or agreements are meant to provide clearly defined guidelines and expectations for both the employee and employer. A good employment agreement protects both parties.

Typically, employment agreements are reserved for senior-level employees, managers, and executives. It is pretty rare that entry-level employees or even staff engineers are offered guarantees and buyout packages. I am not saying it cannot happen, but few companies are willing to risk guarantees on unproven commodities. With the past failure of so many technology projects and companies, this is even truer now than before.


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