Remember that before you sign any contract, you’re still in the driver’s seat. You may need to sign a contract to accept your new position, but remember that you signing a contract is likely to your employer’s advantage.
Keep a close eye on what is in the contract, as well as what is not. Your termination clause for example is telling, since most clauses try to ensure that you would get less if you were let go than you would earn if you had no written contract at all. Also be mindful if there is any sort of probationary period, as it’s something that you’ll want to try and have removed especially if you are a more senior-level employee. You should also watch out for non-competition or non-solicitation clauses that can limit what you do after your employment ends.
As we discuss below, by default your employer can’t arbitrarily make significant changes. Watch out for any wording in your contract that gives them the right to.
Lastly, make sure that your compensation is spelled out clearly in the agreement. Any ambiguity in how your earnings are defined will only lead to later headaches.