438+ Employee Templates

General FAQs

• What is an Employee Contract?

  Employee contract or employment contract refers to a written legal document that contains several terms and conditions between the employer and the employee to save mutual interest. This document spells out the rights, responsibilities, and obligations of both parties. 

• What Is Included in an Employee Contract?

  • Employer's and employee's details. 
  • Employee's responsibilities. 
  • Length of employment.
  • Benefits like incentives and health insurance.
  • Sick day, holidays, and leave policies. 
  • Grounds for termination. 
  • Non-competing agreements.
  • Ownership agreements.
  • Non-disclosure agreements.
  • Assignment clauses. 
  • Dispute resolution methods.
  • Commissions and bonuses. 
  • Profit-sharing. 

• What Documents Employers Must Have to Hire Employees?

  • Get an employer identification number. 
  • Register in the state's labor department. 
  • Get insurance to workers' compensation. 
  • Set up a payroll system.
  • Keep each employee fill out IRS Form W-4 and Withholding Allowance Certificate.

• What are The Elements That Must be Documented in Employees' Payroll Records?

  • Employee's name in full. 
  • Complete Address and contact details. 
  • Social Security number.
  • Date-of-birth, sex, and occupation. 
  • Time and date when you joined and started working. 
  • Offer letter signed by both employer and employee. 

• What Should an Employee's Medical File Contain?

  • The designated beneficiary's details. 
  • Life insurance applications and forms. 
  • Health insurance applications and forms.
  • Any other program for employee benefit that might require medical details like vision insurance. 
  • Leave request both paid and unpaid.