Employment Agreements

Employment agreements are important in tribunals. A contract between the employer and employee will cover all areas where dispute can arise and protect both parties. Essentially they are the ground rules by which both parties must abide.

A well-drafted employment agreement should address the following:

1. What the position involves, responsibilities, and the power of the employer to alter this description.

2. The terms: ie: length of the agreement, salary, bonus and benefits.

3. Are any stock options in the company available.

4. Details of how the agreement can be terminated.

5. Confidentiality.

6. How disputes will be handled

7. Disciplinary procedures

8. Salary

9. Place of work.

It is strongly advised that you use this as a rough reference and consult an employment solicitor to help you draw up contracts for employees.

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