What is Individual Employment Agreement ?
‘Individual Employment Agreement’ is a contract between an individual employee and a company that describes their legal relationship which is binding on both the parties.
The individual employment agreement consists of various sections such as the job description, the nature of employment, the rights and obligations of both the parties, job location, working hours, shift timings, number of holidays, number of annual leaves available if the employment 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 the HR as a witness in some cases.