The Exclusive Employment Contract is essential for businesses operating in Singapore seeking to establish clear, legally-binding employment relationships. This document is particularly crucial when hiring full-time employees who are expected to work exclusively for the organization. The contract encompasses all requirements under Singapore's Employment Act and related legislation, including detailed terms of employment, compensation structures, statutory benefits, and compliance with Central Provident Fund obligations. It serves as a comprehensive legal framework that protects both employer and employee interests while ensuring alignment with Singapore's employment laws and regulations.
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1. Parties: Identification and details of employer and employee
2. Background: Context of employment relationship and purpose of agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Duties: Position, role, responsibilities, and reporting structure
5. Compensation and Benefits: Salary, bonuses, allowances, and other benefits
6. Working Hours and Leave: Work schedule, overtime, various types of leave entitlements
7. Confidentiality: Protection of company information and trade secrets
8. Termination: Notice periods and grounds for contract termination
1. Probation Period: Terms of initial probationary period - used for new employees or role changes
2. Non-Competition: Restrictions on working with competitors - used for senior positions or roles with access to sensitive information
3. Intellectual Property: Ownership of work products and innovations - used for creative or technical roles
4. International Travel: Terms for business travel and overseas assignments - used for roles requiring travel
1. Schedule 1 - Job Description: Detailed outline of role responsibilities and requirements
2. Schedule 2 - Compensation Structure: Detailed breakdown of salary components and benefits
3. Schedule 3 - Company Policies: Reference to relevant company policies and procedures
4. Schedule 4 - Performance Metrics: KPIs and performance evaluation criteria
5. Schedule 5 - Employee Benefits: Detailed description of additional benefits and entitlements
Relevant legal definitions
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