An employment contract is an agreement between an employee and an employer that defines the terms and conditions of the employment relationship. The contract may contain information on pay rates, working hours, job description, holidays, health and social security and other matters related to the employment relationship.
An employment contract is generally recommended so that both parties can agree on the terms of the employment relationship. A contract is sometimes required by law as a condition of employment. An employment contract is generally legally binding and may result in legal sanctions or enforcement if one of the parties fails to comply with it.
The employment contract is usually created before or after the work begins. It may be revised and updated at any time when the terms and conditions of the employment relationship change. The employment contract may also be terminated or terminated by mutual agreement or by unilateral decision of one of the parties.