Employment Contract Template is important document. In simple terms, an employment contract is a contract between the employer and employee. It is a contract for service to be provided by the employee in return for remuneration in the form of salary and other benefits. It lays down the working conditions of the employee, obligations from the part of the employer and the various statutory and other benefits to which the employee is entitled to. They are otherwise known as the terms of employment. An employment contract is awarded to an employee subsequent to his success in the employer’s assessment. You can get Employment Contract Template from this site.
The contract could be for a specific period which might be renewed from time to time or otherwise it could be based on assignments. Most employment contracts need not be put down in writing as the employee-employer relationship commences as soon as the job offer is accepted by the employee. However, most companies issue what is commonly known as the “offer letter” or “appointment letter” which lays down the main terms and conditions of employment like pay, holidays, working hours, perks etc. an employment contract comes to an end with the employee resigning from service or by his termination of the contract by the employer dismissing the employee. An employee before resigning should give adequate notice of time to the employer as agreed upon in the contract.
Download Employment Contract Template:
Here is an employment contract Template for your reference and guidance.
