Content of an Employment Contract

In order to safeguard all your rights as an employee, you should make sure:

• You have a written employment contract. It is easier to resolve any disagreements or disputes if you have all the terms in writing.
• You have read all the terms mentioned in your contract. You are legally bound to comply with the terms after signing it. These terms decide your role and responsibility with the new employer. If you want your employer to add or modify anything in the terms of your contract, you must discuss it before signing the agreement.

HR Policy

It is not necessary that all the terms will be in your employment contract. Sometimes they may be mentioned in the HR policy of your organization. It is necessary for you to read and be informed of all the policies, in order to avoid any dispute with your employer and assert your rights.

Written Contracts

The following details are included in most written contracts:

 Your Official Name

 Head of the Organization’s Name

 Organization Name

 Job Description

 Employment Period

 Working Hours

 Salary

 Other allowances

 Holidays

 Leaves

 Insurance

 Confidentiality terms

 Non-compete terms

 Non-solicitation terms

 Dispute Resolution Method/ Remedies like arbitration.

 Training/Indemnity bond

 Reasons for Termination

 Notice period

 Retirement/Pension

 Provident Fund and Gratuity

 Overtime Compensation (if any)

 Work From Home policy (if any)