Contracts Of Employment - GCSE Business Definition

A contract of employment is a legal agreement between an employer and an employee that outlines the terms and conditions of employment. It typically includes details such as job responsibilities, salary, working hours, holiday entitlement, and notice periods.

This contract provides a framework that protects both the rights of the employee and the interests of the employer. It ensures clarity and fairness in the working relationship, and it is a key document referenced in employment law.

The contract can be written or verbal, although a written statement that summarises the main points must be provided to employees.