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Employment Agreement Temporary


This is an employment contract for a limited period.
The focus of an employment contract is wages for work. Essential terms might be notice periods in the event of dismissal, holiday pay rights, the place of work and pension schemes. Most jurisdictions require these factors to be set out in a written contract, although in for instance the Netherlands having received three consecutive wages payments suffices to having a formal employment agreement in place, subject to labor law as written down in Code. In terms of pay, the employee may be compensated through wages, a salary, or by commission. In addition to monetary compensation, the employment contract often specifies a fringe benefit package, including a retirement plan, employee stock options, company car, holiday entitlement, required hours of work, and health insurance benefits. Usually contracts provide for termination of employment, by either party, and include related matters such as notice period, compensation arrangements and leave. Other clauses are non-disclosure and non-compete clauses to protect trade secrets from being dispersed when employees leave. Depending on where people live, the laws regarding enforceability of these clauses vary widely.

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