What is an employment contract?
An employment contract is a legally binding agreement between an employer and an employee. Both parties must follow the terms of the contract until it ends or until the terms are changed.
An employee’s rights and responsibilities should be clearly set out in an employment contract. The Contract should also state terms of employment such as working hours, place of work, salary, holiday entitlement, benefits and bonuses.
It is important to understand the terms and conditions of an employment contract before you accept a job offer. When you verbally accept a job offer, you are assumed to have accepted the terms and conditions in the Contract, even if you have not signed it yet.
On occasions during your employment, an employer may propose changes to the Contract, which should be properly assessed.