Employment Contract Details
An Employment Contact, sometimes known as an Employee Contract or Contract of Employment, is a form that documents the business relationship between an employer and a new employee/recruit.
It contains information about the terms of employment (including employee duties and the termination process), remuneration, holiday and sick pay, and information relating to any confidentiality, non-compete, or non-solicitation clauses.
When to Use an Employment Contract:
Employment Contracts can be used in the following situations:
- When an employer, human resources manager, or recruitment officer has enlisted a new employee.
- If a new recruit's place of employment does not offer contracts of employment.
- For permanent full-time, part-time, or fixed employment terms.
LawDepot's Employment Contract may be customised to outline an employer/employee relationship anywhere in England, Wales, Scotland, or Northern Ireland.
Parties in an Employment Contract:
Employer: An employer may either be an individual or an organisation. They are responsible for compensating the employee and for following local employment laws and procedures, as well as meeting certain employment standards.
Employee: An employee is hired by an individual or business to perform tasks related to their profession in return for monetary compensation.
What Information do I Need to Complete my Employment Contract?
When creating your Employment Contract, you should already have the details of your employment or new recruit decided. This would include:
- The rate of compensation and frequency of payment.
- Holiday pay and time and whether bank or public holidays will be included in the employee's annual leave.
- What days and hours the employee is expected to work, as well as the location.
- What the employee's duties will be.
- If the new recruit will have access to a pension scheme, whether there is auto-enrolment, or a contracting-out certificate.
- How long the probationary period will be.
- Whether the employee will be bound to confidentiality, non-solicitation, or non-competition clauses.
- Details regarding termination, discipline, and grievance procedures.
Notice Periods in an Employment Contract:
There are various notice periods required during an employee/employer relationship. Both parties are required to provide notice at certain points during the employment. Typically, notice is required for the following circumstances:
- to indicate the length of the probation period.
- when changing employment terms.
- when either party wishes to terminate the contract.
- when an employee must miss work.
- to indicate when an employee will qualify for benefits.
There are different periods of notice required for different situations. Some types require as little as 24 hours, while others require up to 3 months. LawDepot's Employment Contract will make it easier for you to select an appropriate notice period that complies with the relevant employment law.