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Guaranteed Employment Contract

Guaranteed Employment Contract Template for Singapore

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Key Requirements PROMPT example:

Guaranteed Employment Contract

"I need a Guaranteed Employment Contract for a senior software engineer position in Singapore, with a two-year guarantee period starting March 1, 2025, including specific provisions for remote work arrangements and intellectual property protection for software developments."

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Document background
A Guaranteed Employment Contract is specifically designed for situations where both employer and employee seek to establish a secure, fixed-term employment relationship in Singapore. The contract adheres to Singapore's Employment Act and provides comprehensive protection for both parties. It typically includes guaranteed employment duration, specified compensation, benefits, and clear termination conditions. This type of contract is particularly relevant for senior positions, specialized roles, or situations requiring specific commitment periods from both parties. The document must comply with Singapore's employment legislation, CPF requirements, and relevant industry regulations.
Suggested Sections

1. Parties: Details of employer and employee

2. Background: Context of employment relationship and purpose of agreement

3. Definitions: Key terms used tHRoughout the agreement

4. Employment Terms: Position, duties, reporting structure, and work location

5. Compensation: Salary, bonuses, and other benefits

6. Working Hours: Standard hours, overtime arrangements

7. Leave Entitlements: Annual, sick, maternity/paternity leave provisions

8. Termination: Notice periods and termination conditions

Optional Sections

1. Probation Period: Terms of initial probationary period, typically used for new employees or role changes

2. Non-Competition: Restrictions on working with competitors, typically included for senior positions or sensitive roles

3. Intellectual Property: Ownership of work product and innovations, relevant for creative or technical roles

4. Relocation: Terms for relocation assistance, applicable when hiring from overseas or different regions

Suggested Schedules

1. Schedule 1 - Job Description: Detailed outline of role and responsibilities

2. Schedule 2 - Benefits Package: Detailed breakdown of all benefits and allowances

3. Schedule 3 - Company Policies: Reference to applicable company policies and procedures

4. Appendix A - Performance Metrics: KPIs and performance evaluation criteria

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions















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Industries

Employment Act: Primary legislation (Chapter 91) governing employment relationships in Singapore, covering basic terms like working hours, leave, salary, and termination

Employment of Foreign Manpower Act: Legislation governing the employment of foreign workers in Singapore, including work pass requirements and employer obligations

Workplace Safety and Health Act: Legal framework ensuring safety, health, and welfare of persons at work in Singapore

Central Provident Fund Act: Legislation governing mandatory social security savings system, including employer and employee contribution rates

Employment (Part-Time Employees) Regulations: Specific regulations governing part-time employment arrangements

Employment of Foreign Manpower (Work Passes) Regulations: Detailed regulations on work pass requirements and conditions for foreign employees

Employment Claims Rules 2017: Rules governing employment disputes and claims procedures

Statutory Working Hours Requirements: Maximum working hours, overtime regulations, and rest period requirements under Singapore law

Leave Entitlements: Statutory requirements for annual leave, sick leave, maternity/paternity leave, and public holidays

CPF Contribution Requirements: mandatory contribution rates and obligations for both employer and employee to the Central Provident Fund

Notice Period Requirements: Statutory notice periods for termination of employment and related procedures

TAFEP Guidelines: Tripartite Alliance for Fair & Progressive Employment Practices guidelines for fair employment practices

MOM Employment Guidelines: Ministry of Manpower's guidelines and advisories on employment practices and standards

Non-Competition Provisions: Legal framework and limitations for non-compete clauses in employment contracts under Singapore law

Confidentiality Requirements: Legal requirements and best practices for protecting confidential information in employment relationships

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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