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:
- What the position involves,
responsibilities, and the power
of the employer to alter this
description;
- The terms: ie: length of the
agreement, salary, bonus and
benefits;
- Are any stock options in the
company available;
- Details of how the agreement
can be terminated;
- Confidentiality;
- How disputes will be
handled;
- Disciplinary procedures;
- Salary;
- 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.
