Employment Contract? | Meaning & Definition | Akrivia HCM

A contract between an employee and the employer is a form of an employment relationship. An employment contract/employment agreement is a type of contract that allows an employer to restrain the employee to specific terms and conditions.
The most common types of employee agreements are:

1) Employment Agreement:

The employee agreement is that an employee must accept the terms and conditions before being onboard to the employer. The employee must adhere to the terms and conditions of the employment agreement.
Employee agreement is when an employee implies the conditions and obligations when they are hired or promoted.
It typically uses when there’s a significant change in the company’s culture or management style.

2) Employee Contract:

Employee contact is when an employee has a contractual relationship with the company, such as a job offer or promotion. An employment agreement is a mutual consent form for any causes of employee termination or absconding.

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