employment contract

employment contract definition - business

employment contract

An agreement between an employee and an employer that specifies the terms of employment and can include compensation, sick pay policy, dismissal requirements, hours of work, and so forth. See also yellow-dog contract.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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