Leave aside petty concerns of your organization w.r.t. employees and clearly define your relationship and goals with them. Help them grow with your growth. Get your employment contract drafted today by our expert lawyers and bring the utmost clarity in your interaction with employees. Before hiring, make sure to have the right employment contract in place!
An entrepreneur knows the importance of having key Human Resource (“HR”) documents in place. Of all the HR documents, an employment contract is paramount in safeguarding the interests of any organization as well as its employees.
An employment contract is a legal document that helps both, the employer and an employee, in setting mutual boundaries within which they are expected to work with each other. It lays down guidelines, rules, duties, and obligations, that clearly define an employee’s relationship with the organization. An employment contract helps an organization manage its human resource in a more effective and efficient manner. It defines the position of responsibility that an employee will hold, his/her remuneration, term, termination, and such other provisions. It plays a key role in resolving workplace disputes more amicably.
Employees know their rights and obligations from day one as they are explicitly defined in the contract – like available leaves, increment eligibility, etc.
Organizations’ intellectual property and confidential information are protected from infringement and disclosure respectively.
In the event of any dispute(s), employer and employee can quickly review the terms of the contract and arrive at a settlement. This employment agreement helps quickly resolve the matter.
Verbal communications are difficult to record. An employment contract thus acts as a piece of evidence admissible in a court of law.