Many small/medium enterprises now have a formal Employment Contract prepared. This is a good precaution in that it ensures that all of the key conditions agreed to in the employment interview are then confirmed in writing in an Employment Contract.
The Employment Contract sets out the terms of the agreement between the employee and the employer. The paper is set out in three pages covering:
- Position
- Employment Status
- Remuneration
- Hours Of Work
- Performance Appraisals And Reviews
- Termination
- Restrictions
- Supply Of Motor Vehicles/Equipment
- Superannuation
- Expenses Incurred On Behalf Of Employer
- Payments To Be Made By Employer?
- Sundry Items - Employment Contract