The Importance of Contracts

TheImportanceof Contracts What is a contract? A contact is an agreement between both the employee and employer and specifically states the employee’s rights, responsibilities, employment conditions and duties. These are known as the terms. The contract... More

TheImportanceof Contracts What is a contract? A contact is an agreement between both the employee and employer and specifically states the employee’s rights, responsibilities, employment conditions and duties. These are known as the terms. The contract needs to be stuck by until the end date, unless the employee gives notice that they’re leaving or they are dismissed. The contract of employment is an integral document and failure to have one could result in the employer receiving a fine or another form of punishment. A contract regulates the terms and conditions of the employment between the employer and employee. Broken down, it explains what the employee is required to do and what they’re entitled to receive. It states the company’s policies and procedures as well as the employee’s disciplinary code. Without a contract, it would be hard to take action against an employee who is not behaving in the correct manner and they would have the right to claim that the rule doesn’t exis Less