An Employment Contract is basically a bilateral agreement for an agreed duration for the exchange of services and remuneration, between an employer and employee that also defines the rights and responsibilities between the two. It can be used for a range of different employment types, including full time, part-time, fixed-term, contract-based etc. To encapsulate the entire extent of this understanding, the employment contract works as a legal document which includes all the rights, duties, responsibilities and employment terms and conditions. It forms the legal relationship between the employer and the employee and everything that forms a part of the contract is legally binding on both parties.
This Contract sets out all the terms of employment, including job duties, salary and benefits, work hours, confidentiality, annual leave, sick leave, pension benefits, and various other key terms.
We at IP and Legal Filings (IPLF) understand the complexities of such contracts, and hence assist in providing a clear and concise contract drafted and vetted by our specialised drafting team. We understand that clear terms and conditions along with being sure of the objective of a written understanding in the form of a contract is extremely necessary for both the parties as adjudication upon the same becomes clear and less ambitious in case of a litigation.
1. Understanding requirement
The first step is understanding the requirements of both, the employer and employee and the position which is being offered to the employee.
Then there are certain negotiated terms discussed and finalised between them.
After discussion between the concerned parties, a contract can be drafted by our professionals, which can then be given to the parties for review and finalized upon approval.
- Basic details of employer and employee like Name, Designation, Address etc
- Graduation proof record (as needed).
- Age proof and Government IDs of both employer and employee
- Other documents as required by the employer and as stated in the contract.
1. What elements does a contract include?
The contract typically includes Commencement Date, Work Duration, Trial Period, Details about the Pay, Employee’s Duties, Pay Period, etc.
2. Which court is to be approached in case of breach of employment contract?
The court which will have jurisdiction in the area in which the place of employment is located.
3. What are the advantages of having an Employment Contract?
- Safeguards the interest of the employer
- Safeguards the interest of the employee
- Helps set expectations
- Helps list down laws of employment
- Assists in case of any differences between employee and employer.