Frequently asked questions
An employment agreement clarifies for both parties—an employer and an employee—the precise expectations of the job, the salary and incentive plan, the working hours and leave privileges, the termination procedure, as well as other crucial aspects.
Such clarity aids in preventing disagreements between the parties, and in the event that one arises, an employment contract serves as proof of the mutually agreed-upon nature of the work relationship.
No, it is not required.
Nevertheless, even if there is no legislation that requires an employment contract, it is highly necessary to get into one in order to give both parties clarity regarding the precise expectations of the work in order to reduce the likelihood of problems.
Yes, an employment agreement has to be stamped just like any other contract does.