Benefits of Employment Contracts
The relationship that exists between an employer and an employee is based on a law of contract, but unlike other types of agreement only some certain aspects of the contract of the employees are required to be in writing by the law. We also have tribunal courts that will look into cases that occur as a result of the contracts being followed. It is a common practice for both the employer and the employee to enter into a signed contract so that they can each understand the terms and the conditions that both parties have to abide with. The employee and the employer has to be in a written agreement, and both have to sign the contract. The employers and the employees should enter into a written contract so that in a case of any changes in the working conditions, the contract can be amended and incorporated into the contract.
When the changes occur in business places the information has to be captured in the agreement contract to protect both the employee and the employer. When this happens and there is no written contract, there might be an oversight of these changes, but when there is a written contract this information has to be incorporated into the contract. When an employment contract is signed by both parties the terms of employment are well highlighted to ensure that both the employer and the employee understands the terms that both have to abide by. Both the employer and the employee have to sign the contract so that it can be in operation. The contracts of employment also referred to as the common law contracts consists of the following.
The contract of employment includes the terms and conditions that the employer and the employee has agreed on. The terms that you have agreed on are included in the written contract.
The laws that are required by the law to be in employment contracts are also included. There are also other terms which are necessary to make the contract work.
There are also other terms which might seem obvious when mentioned. All the terms are well highlighted in the agreement contract.
The employers have to give a written statement to their employee who is a legal requirement highlighting certain particulars of the employment. The contact information include all the personal information between the business and the employee.
It also highlights how much, and how often and how an employee will be paid. If an employee is to go for public holidays, the information is captured in the employment contract.
The best way to acquire the information is by signing the contract of employment, which means that the employment must be provided before the commencement of employment.