An Employment Contract is a contract by which a company hires an employee. The simplified version of the Employment Contract makes the following assumptions:
The employment is for a continuous contract
The contract is for a full-time position
The employee is between 18 and 65 years old
There is no requirement for the candidate to hold a specific licence for the position of employment
The first 1 month of employment will be a probation period
The wage rate will be calculated per month
There will be no annual review of salary
The frequency of wage payment ("salary period") is one month
Payment of wages will occur on or around the end of each month (i.e. no specific date of payment)
The employee will receive rest day pay, which is included in the calculation of their wages
The employer agrees to reimburse expenses incurred by the employee when they are doing their job
The employee is not required to work when typhoon signal no. 8 or above is hoisted or when the black rainstorm warning is in force, but is required to resume duty if typhoon signal or rainstorm warning is cancelled not less than 2 hours before the close of working hours
The Leave year is defined as the first day of January to the last day of December
There will be no incremental annual leave
The employee will be entitled to the following statutory benefits: (a) Holiday pay for statutory holidays (b) Sickness allowance (c) Parental benefits
There will be no restrictions during employment on the employee having financial interests in any other business or trade
There will be no post-termination restrictions on the employee after he leaves employment.
The detailed version includes the following features in the employment contract:
Option to require the employee to hold a certain licence in order to qualify for the position of employment
Option to include or exclude a probation period, and vary its length
Option to include or exclude an end-of-year payment
Option to specify an additional type of remuneration other than basic salary, commission and allowances
Option to include or exclude medical insurance
Option to include or exclude the reimbursement of expenses
Options for working arrangements and typhoon allowance/travel reimbursement when typhoon signal no. 8 or above is hoisted or when black rainstorm warning is in force
Options for defining the Leave Year for the purpose of calculating leave entitlements
Option to require the employee to irretrievably delete any company information they may have stored on their devices
Option to include provisions about garden leave, restrictions during employment, and post-termination restrictions
Option to specify particular types of confidential information in addition to a general definition of confidential information in the definitions section
Option to require the employee to obtain your written consent before removing any property containing Confidential Information from office premises.
Please feel free to reach out to us at service@zegal.com or via our app's live chat if you have any questions.