Employment Agreement

An employment agreement is a formal agreement between an employer and an employee that sets out the relevant terms of the employee’s engagement with the employer, including responsibilities, remuneration, leave, intellectual property assignment, non-compete limitations and termination procedures.

An employment agreement should be used to ensure you and each of your employees are absolutely clear on your professional relationship and expectations of each other. Aside from the benefit to your business of having each person’s role and responsibilities clearly defined, you will also be safeguarding yourself in the event of a dispute.