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LSDefine

Simple English definitions for legal terms

employment contract

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A quick definition of employment contract:

An employment contract is an agreement between an employer and an employee that outlines the terms and conditions of their working relationship. It can be a written or verbal agreement that creates legal obligations for both parties. The contract may include details such as the job duties, salary, benefits, and length of employment. If either party fails to fulfill their obligations, the law provides a remedy for the other party.

A more thorough explanation:

An employment contract is a legal agreement between an employer and an employee. It outlines the terms and conditions of the employment relationship, including the job duties, compensation, benefits, and other important details.

For example, an employment contract might specify that an employee will work 40 hours per week, receive a salary of $50,000 per year, and be eligible for health insurance and paid time off. The contract might also include provisions for termination, non-disclosure agreements, and other important legal protections.

Employment contracts are important because they help to ensure that both the employer and the employee understand their rights and responsibilities. They can also help to prevent misunderstandings and disputes that might arise during the course of the employment relationship.

Employment and Training Administration | employment-related-practices exclusion

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