What is an Employment Agreement?
An #employment #agreement or #employmentcontract is a binding contract between an employer and an employee. It is usually a written contract that generally addresses important aspects of employment such as wages, benefits, termination procedures, duties and responsibilities of employer and employee, etc to prevent any misunderstandings and avoid disputes in the future.

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What are the advantages of having an employment agreement?

It provides clarity regarding the details in terms of the employment if either the employer or employee desires a certain compensation amount.

For example, they can specifically list this in the agreement. It allows both parties to negotiate the terms under which they are willing to cooperate.

It's important for companies who need to protect particular trade secrets or copyrighted material and other confidential information.

The agreement can be referred to in the future if a dispute arises over a particular aspect of the employment such as duties, a termination notice period.

Finally, employment agreements are essential to creating a positive relationship and a strong foundation between the employer and the employee.

For an employee, this agreement will provide a sense of stability and security especially if the agreement lists the time frame for the period of employment.


What will be included in an employment agreement?

They are the position and responsibilities of the employee, compensation, working hours, confidentiality clause, nonsolicit and noncompete, termination and notice period.

What is the process of getting an employment agreement?

The process for getting an employment agreement is very simple and the steps are as follows.

Step 1: our expert lawyers will get in touch to understand your requirements in detail.
Step 2: Basic information would be required from your end to commence the process.
Step 3: Once all the information is provided and the payment is received our lawyers will start working on your document.
Step 4: You will receive the first draft of your watertight legal document within 4 working days approximately.
Step 5: You can review the document and get back to our team in case of any changes. Our experts will work with you until the draft is finalized to your satisfaction.

What is the basic information required for drafting an employee agreement?

The basic information required for drafting an employee agreement is
1. Name and address of the company,
2. Employee position,
3. Remuneration being offered and the scope of responsibilities of the employee,
4. Obligations of the employee concerning other policies you may have such as leave policy, dress code policy, etc.
5. Work timings, and other specific conditions.

How does this process take place?

1. The entire process is online and no physical presence is required.
2. Once the document is drafted we also assist in legal queries related to employment agreements.
3. The documents and the details provided to us will be kept confidential.
4. Regular updates will be sent via email to the customers to the process ends.

What is the cost of drafting an employment agreement?

Our professional charge for drafting employment agreements will be Rs 1499 plus service tax. The charges may vary in case of the customized employment agreement is required.