It is a key instrument for the operation and success of the company. It allows you to avoid risks that can cause everything from legal sanctions to financial fines. In the following article we tell you more about its relevance.
In the business field, it is essential to know the importance of entering into an employment contract: not only as a formal instrument to guarantee the good performance of all parties but also to achieve successful management in the company.
Why is it so important to sign an employment contract?
As we saw, from the company’s perspective, this legal instrument is of vital relevance for its correct functioning and to avoid possible risks.
Firstly, establish clear rules and working conditions to establish a healthy working relationship. In this way, possible legal sanctions with fines imposed by the Ministry of Labor and Social Security, which are contemplated by the Labor Code, are avoided. At the same time, it allows maintaining the image and reputation of the company in relation to its clients, suppliers and employees, both current and potential.
Second, it encourages productivity by determining clear goals and objectives. In this sense, the reduction of possible conflicts due to confusion, misunderstandings and discrepancies is guaranteed. Without a doubt, this allows the efficiency of the work team, the attraction and retention of talent thanks to ideal personnel management, protecting, in numerous aspects, the interests of the company.
Furthermore, complying with the Law and its legal requirements, by signing an employment contract, allows access to certain tax benefits, fundamental pillars for the economic development, growth and expansion of the company.
In short, a well-prepared contract establishes clear rules, protects business interests, without forgetting that it allows achieving successful levels of productivity and efficiency.
If you need a team of lawyers with experience and knowledge in the labor area for the preparation of contracts, do not hesitate to contact ERP Lawyers. We have a team of specialists willing to advise you so that your company’s employment contracts adjust to the Costa Rican legal framework, considering your specific needs.
