Employment contract

An employment contract is a formal agreement between an employer and an employee, setting forth the terms under while the employee agrees to work for the business. The contract typically includes the following topics:

  • Job responsibilities
  • Reporting relationships
  • Compensation and benefits (including base pay, commissions, bonuses, and paid time off)
  • Any additional negotiated perks
  • Grounds for termination
  • Nondisclosure agreement
  • Non-compete agreement

Related Courses

Human Resources Education Bundle 
Human Resources Guidebook 
Recruiting and Hiring