Q: Is an employer allowed to make an employee sign a binding employment contract once hired full time?
A: Generally, an employment agreement is signed prior to the start of employment. If the employment agreement that your employer is asking you to sign after your employment has started contains restrictive covenants (e.g., non-compete and non-solicitation clauses), the employer has to offer you additional consideration (e.g., money, benefits, etc.) to have you sign that contract. However, to receive the best guidance you should hire an experienced attorney to review the contract to advise you on exactly what you are signing.
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