What is an Employment Agreement?
An employment contract is necessary when hiring any employee or consultant, whether part-time of permanent. It is a comprehensive document that addresses all terms and conditions governing employment, as well as the rights, duties and responsibilities of each party with respect to the other. Common points would include breakdown of salary, date of joining, notice period and non-compete clause.
Advantages of an Employment Agreement
Minimises Risk
Employment contracts protect the rights of both employers and employees. A specific, well-drafted clause in an employment contract can go a long way in avoiding ambiguity and minimising legal risks.
Sets Expectations
As with many other legal documents, the key advantage is psychological. Once an employee and employer sign a contract, it creates a feeling of respect for the terms it contains. The contract defines the expectations and responsibilities of both parties, ensuring that neither party will be treated arbitrarily in case an event discussed in the contract occurs.
Employment Agreement Procedure
2 WORKING DAYS
Once you send in a request, our representative will get in touch with you to understand your requirements. If further details are required, we will contact you for the same. Once these are in, we will work on the request and send it to you for review within 3 to 4 working days. Feel free to get back to us if you would like any changes.
2 WORKING DAYS
In case you would like any changes to the agreement, our lawyers will work on them. Two rounds of iterations are included in the original price.