A written employment contract is mandatory by law and provides a good basis for an employment relationship. This helps you and your employee be aware that negotiations are unfair when an employee is at a significant disadvantage in negotiating an individual employment contract. If positions can be cancelled or cancelled, this must now be set out in your employment contracts, along with details of the notice period and the amount of compensation offered. The termination of position clause (Link leaving this page) in our employment contract builder contains guidance on how to determine what a reasonable notice period and appropriate remuneration means for your company. With LawDepot`s employment contract template, you can also add additional clauses to the agreement yourself.