Employment contracts may seem relatively uncomplicated, but there are certain nuances you should be aware of, writes Maryam K. Ansari. For starters, it's important to understand the distinction between employees and contractors. "[I]f you misclassify your workers, you could be setting yourself up for labor law violations and possibly tax law violations as well," Ansari writes. You should also review your employee handbook to make sure it reflects your current policies and understand that noncompete clauses might not be enforceable.
A closer look at employment contracts