An Employment Contract is commonly known as Contract Of Service. It spells out the rights and responsibilities between the employer and the employee.
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The Vietnam National Law Consultancy Company is one of the most prestigious law firm in Vietnam , the domestic and foreign customers trust and appreciate.
We would like to let you know about the OUR SPECIALISED SERVICES – DRAFTING EMPLOYMENT CONTRACTS
WHAT ARE EMPLOYMENT CONTRACTS?
An Employment Contract is commonly known as Contract Of Service. It spells out the rights and responsibilities between the employer and the employee. The purpose of employment contracts are to safeguard the rights of employees and ensure fair treatment.
WHAT ARE THE ESSENTIAL INFORMATION?
Listed below are some of the essential information that an Employment Contract needs to have:
– Start date of employment
– Job title / appointment
– Salary and payment of salary
– CPF contribution
– Working hours
– Number of days of leave
– Income tax
– Employee benefits
– Reasons for deductions of salary
– Code of conduct
– Conditions for termination of contract
Even though employment contracts are not essential, they can be very helpful to both the employer and employee. When drafted correctly, employment contracts can:
– Define terms of compensation
– Define responsibilities of both employers and employees
– Include effective non-competitive agreements and restrictive covenants
– Specify process for dispute resolution
– Specify ownership of employee’s work
– Protect interests in licensing, manufacturing
– Protect intellectual property
If you have any inquiries or would like to request for further information, please contact us by calling or sending us an email. We will attend to your request as soon as possible.
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