What is an Employment agreement?

Employment agreement: An employment agreement is a formal contract between an employer and an employee that outlines the terms and conditions of employment. This document typically includes details such as the employee's job responsibilities, salary or wage, work schedule, duration of employment (if not indefinite), benefits, confidentiality obligations, and termination conditions. The agreement may also cover aspects like eligibility for bonuses or commissions, vacation and sick leave policies, and any specific employee conduct or performance expectations.