A contract is a set of promises made between two or more parties which have the intention of being legally binding. This means that there is a clear objective that, should either party not keep to their promise, the other party may take enforcement action.
An employment contract It is a common misconception that the contract of employment is the document that is passed to the employee to sign when they start their new job. Whilst this document (a statement of main terms) makes up part of the contract, it does not constitute the whole thing. The ‘contract of employment’ is a concept, and can include any term or condition that indicates an intention that is agreed between employer and employee.
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- Types of Terms
- Different types of contract
- Employment status