When it comes to running a successful business, having clear and concise employee contracts is crucial. Not only does it set expectations and guidelines for the employer and employee, but it can also protect both parties in case of disputes or legal issues.
To help guide you in creating an employee contract agreement, we have provided an example contract below.
Employee Contract Agreement
This agreement is made between [Company Name] (hereafter referred to as “Employer”) and [Employee Name] (hereafter referred to as “Employee”) on [Date].
1. Employment Details
Employee shall be employed in the position of [Job Title]. The employment shall commence on [Start Date] and is expected to continue until [End Date] or until terminated by either party.
Employee shall receive a monthly salary of [Salary Amount]. This salary shall be paid on [Payday].
3. Working Hours
Employee shall work for [Number of Hours] hours per week. The working hours shall be from [Start Time] to [End Time] on [Working Days].
4. Probationary Period
Employee shall be on probation for [Probationary Period]. During this period, Employee`s performance and suitability for the position shall be evaluated.
Either party may terminate this agreement with [Notice Period] days` notice.
Employee shall keep confidential all trade secrets, confidential information, and proprietary information of the Employer.
7. Intellectual Property
Any intellectual property created by the Employee during the course of employment shall be owned by the Employer.
Employee shall not engage in any business that competes with the Employer`s business for a period of [Non-Competition Period] after the termination of employment.
9. Governing Law
This agreement shall be governed by and construed in accordance with the laws of [State/Province].
10. Entire Agreement
This agreement supersedes all prior discussions and agreements between the parties and constitutes the entire agreement between the parties.
[Employer Signature] [Employee Signature]
[Printed Name and Title] [Printed Name and Title]
Having an employee contract agreement not only protects the business but also provides a sense of security for the employee. Use this example as a guide to create your own employee contract agreement to ensure a positive and productive working relationship between all parties involved.