An employment contract is a written legal document which is made by and between an employer and an employee. These contracts are drafted to define the fact that the employee is a paid worker working for the employer and is in a pact or bond to work for the company of the employer for a specified period of time and in return for a certain sum of money which is known as the salary. Such contracts are generally made in large companies or corporations where there are multiple number of employees working at different levels.
Employment contracts consist of the details of the employer and the employee along with the details of the employment period or the length of the contract. The most important part of any employment contract is the part where the duties and responsibilities of the employee are defined in a well specified manner with the mutual agreement of both the parties.
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