What is employment contract ? Explain

An employment contract, also known as an employment agreement or job contract, is a legally binding document that outlines the terms and conditions of the working relationship between an employer and an employee. It formalizes the rights, responsibilities, and obligations of both parties during the period of employment. Employment contracts vary in complexity and content depending on the industry, position, and specific needs of the employer and employee.

Key Components of an Employment Contract:

1. Parties Involved:
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