What is a contract of employment?

A contract of employment is a legal agreement between an employer and an employee that outlines the rights and responsibilities of both parties. In Arizona, these contracts are regulated by common law as well as by state statutes. A contract of employment typically includes information about the job duties, wage or salary agreement, policies regarding vacation or sick leave, safety and health standards, and termination rights. This contract outlines the conditions of employment, such as the duration of the job, payment schedule, hours of work, and any benefits the employee may receive, such as health insurance or a pension. If the contract is for an indefinite period, it may include provisions for ending the contract with both parties’ consent. The contract is legally binding once both parties have agreed to it and it has been signed by both parties. Should either party fail to uphold their part of the agreement, the other party may take legal action. Employees should always read their contracts of employment thoroughly and should contact a lawyer if they have any questions or concerns before signing.

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