A basic employment agreement template can be extremely helpful when building a company or even reducing the size of a company during challenging economic periods. There are several pluses and minuses to consider in determining if such an agreement is right for your business and how to go about using one. The first benefit to consider is the ability to clearly delineate the roles and responsibilities of both the company and employee in a single document. With a form template, this process can be quite easy and quick, even as simple as filling in some blanks and signing. A good form will have some empty lines to write specifics about the job role in case the basic agreement does not cover them.
On the other hand, a detriment of using a pre-written template is that it may not handle more complex jobs or specific types of contract projects where there are a lot of detailed deliverables. Obviously, a basic form contract is unlikely to cover all the bases for things like international joint ventures, multi-level sales agency relationships, or insurance services. These are agreements where the costs of an attorney are justified.