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The Oklahoma employment contract is an established bond between an employer and its newest employee. Depending on the length of employment the new hiree can have the possibility of other incentives (i.e. paid time off, company stake, 401k, etc.).
An employment offer letter is most commonly confused with an employment contract. However, employment offers are just letters that propose the position to the candidate. In comparison, employment contracts are legally binding documents that allow the candidate to accept the job.
Whereas an offer letter is unofficial (avoiding statements that promise future wages or employment), an employment contract is exactly the opposite, setting wages and length of employment in legally binding stone.
Under Oklahoma law, employees are entitled to certain leaves or time off, including jury duty leave, voting leave, military leave and day of rest requirements. See Time Off and Leaves of Absence. Oklahoma prohibits smoking in the workplace and texting while driving.
An employment contract typically includes the following elements: Duration of employment, if applicable. Salary or wages. General job responsibilities. Work schedule. Benefits. Confidentiality. Non-compete agreement. Severance pay, if applicable.
An employment contract is an enforceable agreement between two parties that contains whatever terms and conditions of employment the parties agree upon and, when accepted, becomes controlling upon the employment relationship. The contract may be oral or written, express or implied (the latter terms are defined below).
CHARACTERISTICS OF A CONTRACT ? Parties capable of contracting. ? Consent. ? A lawful object; can't involve illegal activity. ? Sufficient cause or consideration.