This is one of the most important documents of every business. A properly structured employment agreement will add clarity, reliability and predictability into the employment relations within your business as well as will provide material protection to your business interests.
Every employment agreement must have certain provisions and definitions explained in this video. Here is the list of topics that require your particular attention when preparing your employment agreement:
a. Definition of a position, expectations, KPI’s and reporting hierarchy of the business;
b. Compensation package – including salary, commissions, bonuses, benefits and more;
c. Incorporate corporate policies and procedures into the agreement, make sure you can update them later with the immediate effect on relations with an employee;
d. Define leaves of absence – types, length, payment privileges and more;
e. Define employer’s right to request medical confirmation in certain situations;
f. Termination of employment – with cause and without cause, procedure, obligations;
g. NDA, non-solicitation, non-compete;
h. Ownership of inventions and creations (where applicable).
These are only the basic provisions that every agreement must include. Your particular circumstances will require additional provisions, terms and definitions.
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#EmploymentAgreement #CorporationAgreement #nda #EmploymentRelations #EmployersRight #EmploymentContract
All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES – Canadian Business and Enterprise Services does not offer legal advice online or on its YouTube channel. Please consult a professional before you act in reliance on the information contained in our videos.
Every employment agreement must have certain provisions and definitions explained in this video. Here is the list of topics that require your particular attention when preparing your employment agreement:
a. Definition of a position, expectations, KPI’s and reporting hierarchy of the business;
b. Compensation package – including salary, commissions, bonuses, benefits and more;
c. Incorporate corporate policies and procedures into the agreement, make sure you can update them later with the immediate effect on relations with an employee;
d. Define leaves of absence – types, length, payment privileges and more;
e. Define employer’s right to request medical confirmation in certain situations;
f. Termination of employment – with cause and without cause, procedure, obligations;
g. NDA, non-solicitation, non-compete;
h. Ownership of inventions and creations (where applicable).
These are only the basic provisions that every agreement must include. Your particular circumstances will require additional provisions, terms and definitions.
Our website - https://cbes.ca/
Facebook - https://www.facebook.com/CanadianBiz
LinkedIn - https://www.linkedin.com/company/cbes
#EmploymentAgreement #CorporationAgreement #nda #EmploymentRelations #EmployersRight #EmploymentContract
All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES – Canadian Business and Enterprise Services does not offer legal advice online or on its YouTube channel. Please consult a professional before you act in reliance on the information contained in our videos.
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