Another downside to using an employment agreement template is the potential for building inflexibility into your business. In particular, employment law changes may invalidate or make an existing agreement out of date. If you use the same job template for hundreds of employees and the law changes, you may need to go back and have them re-sign new contracts. This would not always benefit the company, though it is a small risk to take to get the significant legal protections afforded by even the simplest of contracts.
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.