Yearly Contract Employment Template for England and Wales

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Key Requirements PROMPT example:

Yearly Contract Employment

"I need a Yearly Contract Employment agreement for a senior software developer starting on March 1, 2025, with specific clauses for remote working and intellectual property protection as they'll be working on our core products from home."

Document background
The Yearly Contract Employment agreement is designed for use when establishing fixed-term employment relationships in England and Wales. This document is particularly useful for project-based roles, temporary positions, or situations requiring a defined employment period. It includes comprehensive details about employment terms, responsibilities, compensation, and benefits while ensuring compliance with UK employment law. The agreement provides security for both employer and employee by clearly defining the employment relationship's duration and terms, while maintaining flexibility for potential renewal or extension at the end of the fixed term.
Suggested Sections

1. Parties: Identification of employer and employee with full legal names and addresses

2. Background: Context of employment relationship and contract purpose

3. Definitions: Key terms used throughout the agreement

4. Term and Commencement: Start date, duration, and renewal provisions

5. Role and Duties: Job title, responsibilities, and reporting structure

6. Compensation: Salary, payment frequency, and review process

7. Working Hours: Standard hours, overtime, and flexibility provisions

8. Holiday Entitlement: Annual leave allocation and booking procedures

9. Termination: Notice periods and grounds for termination

Optional Sections

1. Probationary Period: Initial assessment period terms - use for new employees or role changes

2. Commission Structure: Sales or performance-based additional compensation - use for sales or performance-incentivized roles

3. Remote Working: Terms for working from home or alternative locations - use when flexible working arrangements are offered

4. International Travel: Terms for overseas work and travel compensation - use for roles requiring international travel

Suggested Schedules

1. Schedule 1: Job Description: Detailed outline of role responsibilities and requirements

2. Schedule 2: Benefits Package: Details of additional benefits such as healthcare, pension

3. Schedule 3: Company Policies: Reference to key policies such as IT usage, expenses

4. Schedule 4: Restrictive Covenants: Non-compete and confidentiality provisions

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries
Relevant Teams
Relevant Roles
Industries

Employment Rights Act 1996: Core legislation covering basic employment rights, notice periods, unfair dismissal provisions, and mandatory statement of employment particulars requirements

Equality Act 2010: Legislative framework for workplace equality, covering protection against discrimination, equal pay provisions, and reasonable accommodations requirements

Working Time Regulations 1998: Regulations governing maximum weekly working hours, rest breaks, annual leave entitlement, and working time record keeping requirements

National Minimum Wage Act 1998: Legislation establishing minimum wage requirements and payment calculations for all workers in the UK

Data Protection Act 2018 and UK GDPR: Legal framework for handling employee personal data, including privacy rights and data protection obligations

Health and Safety at Work Act 1974: Legislation covering workplace safety obligations and risk assessment requirements

Pensions Act 2008: Law governing workplace pension schemes, including auto-enrollment requirements and pension scheme provisions

Fixed-term Employees Regulations 2002: Specific regulations protecting fixed-term workers and governing contract renewal terms

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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