Renewable Contract Of Employment Template for India

1. Probation Period: Terms of initial probation period - include for new employees only

2. Relocation Terms: Include when position requires relocation or possibility of transfer

3. International Travel: Include for positions requiring international travel

4. Commission Structure: Include for sales positions or roles with variable pay components

5. Stock Options/Equity: Include when offering company shares or stock options

6. Training Obligations: Include when specific training requirements or bonds are applicable

7. Flexible Working Arrangements: Include for positions offering work-from-home or flexible hours

8. Client Interaction Protocols: Include for client-facing roles

9. Vehicle/Equipment Usage: Include when company provides vehicles or significant equipment

10. Secondment Provisions: Include when employee might be seconded to other organizations

1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and key performance indicators

2. Schedule 2 - Compensation Structure: Detailed breakdown of salary components, allowances, and benefits

3. Schedule 3 - Company Policies: Key company policies including code of conduct, IT policy, and harassment policy

4. Schedule 4 - Confidential Information: List of specific confidential information and trade secrets

5. Schedule 5 - Statutory Benefits: Details of statutory benefits and social security provisions

6. Appendix A - Employee Handbook Reference: Reference to relevant sections of the employee handbook

7. Appendix B - Performance Evaluation Criteria: Detailed performance metrics and evaluation process

8. Appendix C - Training Requirements: Specific training programs and completion requirements