What is an Individual Employment Agreement?
An ‘Individual Employment Agreement’ is a contract between an individual employee and a company that describes their legal relationship which is binding on both parties.
The individual employment agreement consists of various sections such as the job description, the nature of employment, the rights and obligations of both parties, job location, working hours, shift timings, number of holidays, number of annual leaves available if the employee doesn’t have a predefined end date, etc.
This kind of agreement helps the company, as well as the employee, make the most out of their contract period as well as helps resolve any kinds of disputes in case they arise. Hence, the individual employment agreement is signed with HR as a witness in some cases.