EMPLOYMENT CONTRACT: The Employee and Employer Agreement in the Workplace: 13 (How to Manage Human Resources)
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It describes the performance expectation of the employer and the remuneration that the employee will get for labor or professional services in the company. The employment agreement upholds the rights of both the employer and the employee.
It ensures that the employee gets fair or competitive compensation, benefits, and rewards for work service that meets or exceeds the performance standards of the employer organization. The employment contract has a validity period, and the extension or renewal of the working relationship should be consented to and influenced by a trend of good performance by the employee and improved terms and conditions of employment by the employer.
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