New York Employment Agreement

State:
Multi-State
Control #:
US-TC0909
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

The employer agrees to hire the employee as the director of the board of directors. The employee will devote his/her full business time to the affairs of the employer. The employer agrees to compensate the employee with a base salary for services rendered.
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How to fill out Employment Agreement?

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FAQ

New York State law requires Employers to notify Employees of their wages when hired, using a mandatory form. Employers must pay their Employees for hours worked. The law prohibits most deductions from wages, with designated exceptions such as taxes, insurance premiums, union dues and court- ordered garnishments.

Two weeks' notice is not required in New York.

A typical employment contract contains details such as the start and end dates of employment, compensation, job duties, and other expectations of both the employer and the employee.

To form a contract in New York, one person must make an offer and the other person must accept it. Then, they must agree to exchange something of value, such as money, goods or services. If the value of the contract is more than $500, the contract must be in writing. If it is not in writing, it may not be enforceable.

Employees in New York State are considered ?at-will? employees, meaning that the employee can be terminated without warning, at any time, and for any reason or no reason at all.

To form a contract in New York, one person must make an offer and the other person must accept it. Then, they must agree to exchange something of value, such as money, goods or services. If the value of the contract is more than $500, the contract must be in writing. If it is not in writing, it may not be enforceable.

An employment contract is a written agreement that details the rights and responsibilities of you and your employer. It also spells out the details about your salary, benefits, how long you will be employed and how or why you can be fired. The contract is signed by both you and your employer.

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New York Employment Agreement