What is addressed in an Employment Contract?
Employment Contracts typically address the following: • the job position being offered and accepted; • the term of employment; • details of holiday, sickness, and grievance policies; • the compensation that will be provided to the employee; and • the responsibilities of the employee and employer. In addition, Employment Contracts may also provide specifics on: • whether the employee will have a probation period; • how confidential information is to be treated upon the employee’s termination; and • whether there are limitations on the employee’s ability to compete with the employer’s business upon the employee’s termination.
