New York Employment Agreements Package

State:
Multi-State
Control #:
US-P078-PKG
Format:
Word; 
Rich Text
Instant download

Description

Package containing Sample Employment Agreement Forms
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  • Preview Employment Agreements Package
  • Preview Employment Agreements Package
  • Preview Employment Agreements Package

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FAQ

An employment contract is a written agreement that details the rights and responsibilities of you and your employer. It also spells out the details about your salary, benefits, how long you will be employed and how or why you can be fired. The contract is signed by both you and your employer.

New York State law requires Employers to notify Employees of their wages when hired, using a mandatory form. Employers must pay their Employees for hours worked. The law prohibits most deductions from wages, with designated exceptions such as taxes, insurance premiums, union dues and court- ordered garnishments.

In New York, your employer is not required by law to provide you with a severance package, nor are there any rules for what a severance package should include.

A typical employment contract contains details such as the start and end dates of employment, compensation, job duties, and other expectations of both the employer and the employee.

Employees in New York State are considered ?at-will? employees, meaning that the employee can be terminated without warning, at any time, and for any reason or no reason at all.

A severance agreement is a contract that an employer may ask an employee to sign when they are terminated from a job. Severance pay is often offered in exchange for an employee's release of their claims against the employer.

To form a contract in New York, one person must make an offer and the other person must accept it. Then, they must agree to exchange something of value, such as money, goods or services. If the value of the contract is more than $500, the contract must be in writing. If it is not in writing, it may not be enforceable.

Federal, New York State, and New York City do not mandate an employer pay severance. Employers pay severance because of 3 factors: if it is pursuant to an employment agreement; for goodwill (i.e., helping the employee bridge the gap to the next job); and to ?buy? the general release.

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New York Employment Agreements Package