An employee matters agreement is a formal document which is framed by and between a company and its employees or a certain group of employees. These agreements are drafted when the company acknowledges the matters of its employees and decides to take a few specific steps for the benefit of the employees. These agreements are legally binding in nature for both the involved parties and are framed on certain terms and conditions.
Any employee matters agreement consists of a number of recitals which are the company’s take to handle the matters of the employees such as salary considerations, bonuses etc… The agreement must also have details of the company, its employees in a specified manner. These details must include points such as names, contact information etc…
An employee matters agreement is an important document for each company or organisation to have as it instils a sense of security for the employees.
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Sample Employee Matters Agreement
Employee Matters Agreement
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