What is an employment contract?

What is an employment contract?

December 16, 2019

An EmploymentContractis a legal document that outlines the terms of employmentbetween an employer and an employee.  It is signed between an employee and an employer and It establishes both the rights and responsibilities of the two parties: the worker and the company. It contains the following; Names of the employer and employee, address of employment, Job title and description of employment duties, salary, expenses, hours worked each week, time off work, pension details, probationary period, performance assessments, term of employment, deductions, confidentiality/restrictive covenants, grievances, notice for termination of contract and other Clauses.

In a nutshell, an employment contract is beneficial to both the employee and the employer. It spells out the rights and obligations of each party, protects the job security of the employee and protects the employer from certain risks such as the release of confidential employer information after the term of employment ends.

 

 

618 Bees can help you quickly and easily help you draft an employment contract. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079.

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached.

More Articles

Search

Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • What additional documents do I require to file my Annual Returns?
  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.

  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.

  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time

  • What is personal data?

    This is any information that can be used to identify an identifiable human person such passport photograph.

  • Does copyright protect website Domain names?

    No, copyright does not protect domain names.

  • When can I start renewal of the registration of my product(s) with NAFDAC?

    You can start renewal 6 months to the date of expiry.

  • Why do i need a Shareholders Agreement?

    You need a Shareholders Agreement to protect your investment in a company.  The shareholders Agreement establishes a fair relationship between all shareholders and sets out how the company is run.

  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.

Call Us Now on +234 901 719 0079 Chat on WhatsApp