Toronto Employment Lawyers Advising on Compensation Design & Employee Contracts

Compensation design is a critical element of operating a workplace. Designing an appropriate compensation plan for employees, especially executives, is an important element of keeping your business competitive, attracting top-level talent, and keeping your employees incentivized.

Similarly, employment contracts are important in providing a foundation for a workplace relationship, outlining expectations and responsibilities, and ensuring that employers and employees are on the same page.

Compensation Design 

At Baker & Company, we regularly advise employers as well as boards, executives, and compensation committees on executive compensation and other employee policies, including:

• Benefit and retirement plans;
• Compensation clawbacks;
• Deferred compensation arrangements;
• Incentive and equity-based plans including stock options;
• Pay-for-performance;
• Pensions; and
• Severance.

We counsel clients on best practices in compensation and ensure clients are in compliance with all relevant employment laws as well as securities regulations (including executive disclosure requirements).

Employment Contract Drafting and Negotiations 

Employment contracts are fundamentally important elements of every employment relationship, providing the terms and conditions that govern that arrangement. Whether you are an employer or an employee, it is important to have an employment contract reviewed by a knowledgeable employment lawyer before finalizing and signing it. A lawyer can ensure your rights are protected and help you mitigate any potential risk or liability.

For more than 30 years, the Toronto employment lawyers at Baker & Company have been reviewing, drafting, and negotiating employment contracts for employees and employers across all industries and sectors. We advise on the language and terms included, make changes where required, and negotiate with the other party to ensure that our client is always in the best position possible.

We provide guidance to both employers and employees on all aspects of employment contracts, including:

• Compliance with the Employment Standards Act, Human Rights Code and other relevant statutes;
• Confidentiality agreements;
• Non-competes, non-solicitation agreements and other restrictive covenants;
• Termination language; and
• Severance packages.

Baker & Company: Experienced Employment Lawyers Advising Employers and Employees on Employment Contracts 

At Baker & Company we take the time to meet with you and understand your unique needs when it comes to drafting the terms of an employment relationship. Call us at 416-777-0100 or contact us online for a consultation.