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EMPLOYENT CONTRACT

Employment Contracts in India

Employment contracts are vital documents that define the terms & conditions & several other details of employment that an employer & employee should adhere to for as long as they work together.


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Employment contracts are important documents for employees to have a better understanding of their role and responsibilities and the company’s expectations. A written draft of such a contract is vital to specify the employee’s responsibilities and the employer’s liabilities. Considering that the specific details of different contracts may vary for different companies, you need to thoroughly go through an employment contract before signing it.

This draft will help understand the key features of an employment contract, which will help you learn the exact expectations of your employer before you sign up for a role at their organization.

Importance of Employment Contracts

 

The main purpose of employment contracts is to provide job security to the employee while providing a safety net to the employer too, in case of low productivity issues. It clearly spells out the rights of each party involved and protects various assets of the company that the employee is granted access to while working for a company. This article will dive into the various aspects associated with employment contracts and give you a comprehensive idea of the same to ensure you know what to look for before signing your next employment contract.

Conclusion


An employment contract is the legal binding that both the employer and employee must adhere to. Failing to do so may result in the defaulter having to face consequences and penalties, depending on the severity of the violation. It is imperative for employers to define all their expectations clearly in the contract of employment, while employees must follow the terms and conditions of employment once they have negotiated and signed the contract.

We can assist you with concerns related to employment contracts in India. You can get in touch with us by submitting a query.

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