An employment contract, or ‘contract of employment’, is an agreement between an employer and an employee which sets out rights, responsibilities and duties. These are called the ‘terms’ of the contract.
The terms of your employment contract could be of several different types, some of which do not need to be written down, some are inferred or implied and some are incorporated from other documents.
Employment contracts can cover important elements of your employment such as position description, wage rates, bonus schemes, superannuation, work location, and rights for parties to terminate the contract.
When commencing new employment or a new position you should be aware of what the terms of your employment contract are, so that you understand your employment rights, and most important in case something goes wrong. Read More.
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