Employment Contracts: Definitions, Parties, and Types
Understanding Employment Contracts
A contract, in general, is an agreement between two or more parties on a certain subject or facts. An employment contract is an agreement to provide labor in exchange for money. The employment status of workers is regulated to meet specific characteristics: personal, voluntary, dependent, and paid.
Key Parties in an Employment Contract
The Employee
Any individual able to work. Exceptions include:
- Age: Individuals under 16 cannot work, except for participating in public performances authorized by the labor authority.
- Disability: A person may be declared disabled due to physical, mental, or other reasons.
- Qualifications: Certain jobs require specific degrees or certifications.
- Nationality: EU citizens have freedom of