ELI5: Explain Like I'm 5

Employment contract

An employment contract is a written agreement between an employer and an employee. It sets out the rules and expectations for both the employer and the employee, such as the rights and responsibilities of each party, the wages or salary the employee will receive, how long the contract lasts, and any special conditions that must be followed. An employment contract also explains how the job can be ended and how disputes will be handled. It is important for both the employer and employee to understand the terms of the contract before signing it.