Hiring Agreement
What is a Hiring Agreement?
An employment contract is a legally binding and formal agreement between two or more parties in which a staff member and the employer must exist. The purpose of those contracts is to define the role, responsibilities, or duties an employee needs to perform. In a hiring agreement, the benefits, compensations, and other details must be mentioned before both parties can sign the contract.
Why is a Hiring Agreement Important?
Using and having a written employment contract is a vital element that ensures a clear understanding of the obligations, rights, responsibilities, or compensations. With a hiring agreement, both the employer and the employee are in agreement with the conditions and terms that the contract specified, creating a safe environment for both parties involved in the contract.
Even more so, with a hiring agreement we significantly diminish both the risk of misinterpretations or misunderstandings threatening the business and the employee’s risks.
What Does a Hiring Agreement Include?
Here are the elements you will need to include in your hiring agreement:
- Basic Project Description
- Project Scope Description
- Payment Details
- Timeline Details
- Ownership of Content Created
- Termination Clauses
- Confidentiality Agreement
- Acknowledgment and Assignment
- Notice
- Exception
- NDA
- Signature Blocks