Essentials Of Employment Contract

The contract of employment is a voluntary agreement between two parties in terms of which one party the employee places his or her personal services or labour potential at the disposal and under the control of the other party the employer in exchange for some form of remuneration which may include money and or payments in kind.

Essentials of employment contract. The essentials of an employment contract has just cause or provides reasonable notice or wages in lieu of reasonable notice to the employee. Generally the terms of employment include how long the employee will be employed. Key features employment contracts are largely governed by the same core principles of any contract. There are a number of essential elements that a contract of employment is based on that are useful for employers to know before they draw any of these documents up or commission these to be drawn up.

The contract of employment is a voluntary agreement between two parties in terms of which one party the employee places his or her personal services or labour potential at the disposal and under the control of the other party the employer in exchange for some form of remuneration which may include money and or payments in kind. There must be an intention between the parties to enter into legal relations. Employment contracts are based on section 13 of the constitution. 10 essential elements of a valid contract in business law.

Intention to create legal relationship is the forth essential element of a contract. In a contract there must be at least two parties one of them making the offer and the other accepting it. Names and address of all parties involved description of business clearly defined job position and role company specific requirements and or protections length of job and duration of schedule work hours pay. Now let s take a look at some of the essential elements of an employment contract.

Transferring land mortgages conveyances. 10 key elements of a solid employee contract 1. These include agreements like. One of the most varying parts of an employment contract is the section detailing employee.

The basis of employment contracts can be found in section 13 of the constitution. Whether two parties have intention to be legally bound will depend on individual circumstances.