An important communication tool between the owner of a business and the employees of a business. Handbooks should set forth expectations for employees and should describe what the employees can expect from the company. Handbooks also describe the employer’s legal obligations and the employee’s rights.
A contract between an employer and employee documenting the rights and responsibilities of both parties in the event of job termination. The contract specifies any severance package of pay and benefits and the conditions under which it will be provided or withheld. Severance agreements are sometimes offered as part of a job contract; however, more often they are offered as part of job termination or layoff.
A non-disclosure agreement is a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties. In most cases, both parties are restricted in their use of the information that is shared.