Objective:

To discuss nonsalary items to include in an employment contract for hiring an associate.

Key Findings:

• Nonsalary benefits can be as important as salary to new hires.
• Clear expectations and terms in the contract can prevent misunderstandings.
• Flexibility in negotiations can lead to a more appealing offer for candidates.

Interpretation:

A well-structured employment contract that includes both salary and nonsalary items can enhance the hiring process and foster a positive working relationship.

Limitations:

• State laws may affect the enforceability of noncompete clauses.
• Not all benefits may be feasible for every practice.

Conclusion:

Tailoring the employment contract to meet the needs of both the employer and the associate can lead to a successful employment relationship.