An Employment Contract is a formal agreement between an employer and an employee that outlines the terms and conditions of employment. This document typically includes details such as the job title, responsibilities, salary, benefits, work hours, and termination conditions. It also covers confidentiality agreements, non-compete clauses, and other relevant legal obligations. An employment contract serves to protect both parties by clearly defining their rights and expectations, thereby reducing the risk of misunderstandings or disputes.
Example of Use: “Before starting her new job, Emily carefully reviewed the employment contract to ensure that the salary and benefits matched what was discussed during the interview process.”
Related Terms:
Non-Disclosure Agreement (NDA)