An Employee Contract is provided by an employer to its employees which specifies terms and conditions under which an employer hires employees. The little co-signed paper also represents the integrity of the Employer Company and also the passion of the employees towards the company and their work. Through this blog we will understand and discuss the components of the employees.
5 main components of the Employee Contract:-
- Terms and conditions of the employment- It specifies the terms and conditions of the employment contract which specifies the circumstances under which the contract of employment can be considered as valid. It should be noted that the term and conditions of the contract must be within the country and human laws and it neither the employer or employee should go beyond that otherwise the same can be considered as null and void contract.
- Duties of the employees:- It is the duties of the Employee to adhere the terms and conditions of the Company to remain in the employment of the company. Work of an employee can be decided depending upon the work and designation of the employee, t5his can be flexible but not to the extent of exploitation.
- Number of hours that an employee should work per day- The Employee contract must contain clause regarding the working hours of an employee which can vary according to the designation of the employee. There is some flexibility which is granted and that can be decided by an employer. While fixing the number of hours to work of an employee that State laws should be kept in mind and also while fixing working hours one should take care that the minimum working hours are within the restrictions set by the Government.
- The Statutory Entitlement of an employee- what are the things to which employees are entitled to and what is he entitled for- these are the elements of this part of the contract. And while deciding this one should keep State laws in the mind and also employer should make sure that these entitlements are not detrimental to the health of the company.
- The Employee benefit- The employer must mention the benefits of the employee in the company which increases the interest of the Employee to be part of that company as along. And the benefits should specify the Plans, schemes, that the employee can enjoy i addition to the CTC and Salary to which you are paying to your employee.
By signing or providing this Employee contract to their employees it ensures the healthy relationship between their employees, or you can also retain your employees in the way that is desirable for both the parties.
In case you want to hire some legal consultant in India for drafting employee employer contract , feel free to contact BIATConsultant .