The Individual Employment Agreement is a fundamental document used in Singapore to formalize the employment relationship between an employer and employee. It ensures compliance with Singapore's Employment Act and related legislation while protecting both parties' interests. This agreement is essential when hiring new employees or updating terms for existing staff, containing comprehensive details about employment terms, benefits, obligations, and rights. It should be tailored to specific roles while maintaining compliance with Singapore's employment laws and regulations.
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1. Parties: Identification of employer and employee with full details
2. Background: Context of employment relationship and basis of agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Duties: Job title, role description, and primary responsibilities
5. Compensation and Benefits: Salary, allowances, bonuses, CPF contributions and other benefits
6. Working Hours and Leave: Standard working hours, overtime, annual leave, sick leave, and other leave entitlements
7. Termination: Notice periods, grounds for termination, and post-termination obligations
8. Confidentiality: Protection of company information and trade secrets
1. Probation Period: Terms of initial probationary period, including duration and assessment criteria
2. Non-Compete: Post-employment restrictions on competition and business activities
3. Intellectual Property: Assignment of IP rights and inventions created during employment
4. Remote Working: Terms and conditions for remote work arrangements
5. Commission Structure: Details of commission-based compensation for sales roles
1. Schedule 1 - Job Description: Detailed outline of role responsibilities and requirements
2. Schedule 2 - Compensation Details: Detailed breakdown of salary components and benefits structure
3. Schedule 3 - Company Policies: Reference to and incorporation of applicable company policies
4. Schedule 4 - Restrictive Covenants: Detailed terms of non-compete and non-solicitation obligations
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