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It can provide clarity, security, and protection for both parties, as well as help prevent or resolve disputes. In this article, we will explore some of the benefits of having a written employment contract and how to negotiate one that suits your needs and expectations.
An employment contract is a legally binding agreement between an employer and employee used to define the working relationship. You can use one to outline the employee's role and responsibilities within the business as well as to outline their compensation and any benefits they might receive.
Employment contracts are enforceable in Tennessee and are governed by Title 50 of the Tennessee Code. To be enforceable, an employment contract must include the basic elements of a contract : an offer, acceptance, and consideration. The contract cannot violate any laws or go against public policy.
Permanent Employment Contracts The most common contract agreement is a permanent contract meaning that the employee will work indefinitely? until either employee or employer wishes to sever the agreement. Permanent employees may be full or part-time.
Employee Rights Employers may legally hire, fire, suspend or discipline any employee at any time and for any reason - good or bad - or for no reason at all; however, an employer may not discriminate against any employee on the basis of the employee's race, sex, age, religion, color, national origin, or disability.
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).