Employment Agreement Contract

Fixed price contracts. With a fixed price contract the buyer (that's you) doesn't take on much risk. Cost-reimbursable contracts. With a cost-reimbursable contract you pay the vendor for the actual cost of the work. Time and materials contracts.

Employers and employees may want a written employment agreement to govern employment. Employment agreements cover matters such as wages, bonuses, and hours of work. Employment agreements are contracts. Courts enforce employment contracts if they are breached.

There are three types of employment status: employee, worker and self-employed. The three are often not in practice used correctly and the difference is not always known.

The terms agreement and contract are used interchangeably, but legally speaking, they are two different things. An agreement is simply an understanding or arrangement between two or more parties. A contract is a specific agreement with terms and conditions that are enforceable court.

The terms employment contract and at-will employment agreement are often used interchangeably; however, they are not the same legal document.Some employers require employees to sign a written agreement stating that they are employed at-will.

Written Employment Contracts The term can be for whatever time period is agreeable between you and your employer; however, if the term is to be more than one year, the employment contract will not be valid unless it is in writing.

Title the employment contract. Identify the parties. List the term and conditions. Outline the job responsibilities. Include compensation details. Use specific contract terms. Consult with an employment lawyer. Employment.

All employment agreements are legally binding on the employer and, therefore, employers are best served by having them drafted and reviewed by an experienced employment law attorney. Contract law is a particularly complex discipline that relies largely on common law, which is law as developed by judges and court cases.

Types of Employment Contracts: Permanent employment, temporary employment and independent contractors.