Employment Contract Template Executive Employment Agreement Template Awesome Executive Employment Executive Employment Agreement Template Awesome Executive
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What types of things should be in a contract when engaging staff? Well firstly you should consider the basics. This means working hours how much they are going to get paid and their position in the company. To break the contract down into further detail you can add bonus systems what is expected of them in their role and what happens if they want to terminate their employment. Really it should be a detailed employee engagement contract. You need to cover all the essentials in a simple and easy to read format. Then you need to get your solicitor to review the contract if you are really serious. Obviously you will negotiate with and employee if things turn sour so it pays to know where you stand. Creating a contract need not be a chore.
This will say something like "this contract is governed by and subject to the laws of the state of X. Any disagreement over the terms of this contract shall be heard in a court of law or arbitration panel in the county of Y in the state of X." As you can see if you don t look out for this you could be sucked into a lawsuit on the other side of the country or even in another country altogether! The third consideration in an employment contract template is whether the parties are referred to as employer and employee or company and independent contractor. This is an important consideration because the rights of an employee and independent contractor are very different. Employees typically get some form of benefits from the company their income taxes are deducted automatically perhaps there is a retirement plan or health plan and the like.
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Payment and Benefit Schedule This may be the most important part to a given nanny. The payment for the term of the contract should be outlined along with the schedule of payments and amount per payment. This section should outline whether or not taxes will be withheld and what if any benefits are given. This section should also detail any perks or vacation time the nanny will be given. Dispute Resolution It is often wise to consider putting some sort of dispute resolution section into your contract. Most employers should seek out a clause that would provide for arbitration or mediation instead of court dates in the case of breach. This is less expensive for both parties and often quite helpful.