New Employment Contract Template for Singapore

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Key Requirements PROMPT example:

New Employment Contract

"I need a New Employment Contract for a senior software engineer in Singapore, including non-compete and IP clauses, with a planned start date of March 1, 2025 and stock options as part of the compensation package."

Document background
The New Employment Contract is a fundamental document used when establishing an employment relationship in Singapore. It serves as the primary legal agreement between an employer and employee, ensuring compliance with Singapore's Employment Act and related legislation. This document is essential for protecting both parties' interests, clearly defining employment terms, and meeting statutory requirements. It should be used at the commencement of any new employment relationship, whether for permanent, fixed-term, or contract positions, and must incorporate Singapore-specific elements such as CPF contributions, statutory leave provisions, and local labor law compliance.
Suggested Sections

1. Parties: Details of employer and employee

2. Background: Context of employment relationship

3. Definitions: Key terms used throughout the contract

4. Position and Duties: Job title, responsibilities, and reporting structure

5. Compensation and Benefits: Salary, bonuses, and statutory benefits including CPF contributions

6. Working Hours and Leave: Standard working hours, overtime, annual leave, sick leave, and public holidays

7. Termination: Notice periods and grounds for termination

8. Confidentiality: Protection of company's confidential information

Optional Sections

1. Probation Period: Terms of initial probationary period for new employees or role changes

2. Non-Competition: Restrictions on working for competitors, typically for senior positions or roles with access to sensitive information

3. Non-Solicitation: Restrictions on soliciting employees or customers, relevant for client-facing or management roles

4. Intellectual Property: Ownership of work products and inventions, particularly important for creative, technical, or R&D roles

5. Remote Working: Terms for working from home or remote locations, applicable for flexible working arrangements

Suggested Schedules

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

2. Schedule 2 - Benefits Schedule: Detailed breakdown of employee benefits and entitlements

3. Schedule 3 - Company Policies: Reference to relevant company policies and procedures

4. Schedule 4 - Performance Metrics: KPIs and performance evaluation criteria for performance-based roles

5. Schedule 5 - Equity/Stock Options: Terms of any share or option schemes if equity compensation is offered

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

Industries

Employment Act: Primary legislation governing employment relationships in Singapore, covering basic terms of employment including working hours, rest days, public holidays, annual leave, sick leave, and salary provisions

Employment Claims Act: Legislation governing employment disputes and claims resolution in Singapore

Workplace Safety and Health Act: Legislation ensuring workplace safety standards and health protection measures for employees

Personal Data Protection Act: Legislation governing the collection, use, disclosure and care of personal data, including employee information

Employment of Foreign Manpower Act: Legislation specifically governing the employment of foreign workers in Singapore

Central Provident Fund Act: Mandatory social security savings scheme requiring contributions from both employers and employees

Trade Secrets Act: Legislation protecting confidential business information and trade secrets

Copyright Act: Legislation protecting intellectual property rights and governing ownership of work created during employment

Tripartite Guidelines: Guidelines on Fair Employment Practices issued by MOM, NTUC and SNEF providing framework for fair employment practices

MOM Guidelines: Ministry of Manpower guidelines providing detailed requirements and best practices for employment matters

Basic Employment Terms: Mandatory provisions under Part IV of Employment Act covering working hours, rest days, leaves, and salary provisions

Notice Period Requirements: Statutory requirements for termination notice periods and payment in lieu of notice provisions

Non-Competition Clauses: Restrictions must be reasonable in scope, duration, and geographic coverage while protecting legitimate business interests

Data Protection Requirements: PDPA compliance requirements regarding collection, usage, and storage of employee personal data

Mandatory Benefits: Required benefits including CPF contributions, maternity protection, childcare leave, and medical benefits

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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