An employment agreement is a formal contract between an employer and an employee that outlines the terms of employment. This document typically includes details such as job responsibilities, salary, benefits, work hours, and duration of employment. It serves to protect the rights of both parties and ensures clarity regarding expectations.
These agreements can vary in complexity, from simple letters to detailed contracts. They may also include clauses related to confidentiality, non-compete agreements, and termination conditions. Understanding the specifics of an employment agreement is essential for both employers and employees to foster a positive working relationship.