A well drafted employment agreement provides superior, common sense protections to your business in rather than simply relying on the Fair Work Act 2009 (Cth) alone.
Employment law is characterised by a complicated web of overlapping laws and instruments. Whilst the Fair Work Act, its National Employment Standards or any Modern Awards that may apply to your employees set their minimum entitlements and provide them protections, this is not mirrored for employers. You should note that those same protections are not afforded to your business by the legislation.
Having well drafted employment agreements in place can remedy this lack of protection and provide a valuable cornerstone to secure your interests. Pivotal clauses such as preventing current employees and former employees from using or disclosing your business’ confidential information and intellectual property (even after they leave the business) can be a gamechanger.
Simple protections provide clarity of both the employee and employer’s obligations helping to prevent issues, whilst also providing clear and direct pathways forward if issues arise.
An investment in a tailored employment agreement or a review of your existing contracts that might not have kept up with recent changes in employment law, is an essential risk management tool where we can help your business obtain maximum security through the protections afforded
If you are interested in implementing or updating employment agreements in your business, or would like assistance with any other employment matters, please contact Isaac Mumford on 03 9629 9629 or at Isaac.Mumford@lewisholdway.com.au
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