The 3 Year Employment Contract is designed for use in Singapore when establishing medium-term employment relationships. It's particularly suitable for positions requiring continuity and commitment, such as senior roles or project-based positions. The contract incorporates all mandatory provisions under Singapore's Employment Act, including statutory benefits, CPF contributions, and leave entitlements. It provides security for both employer and employee while maintaining flexibility for performance reviews and potential contract extensions. This document is especially relevant for companies seeking to establish clear terms of employment while ensuring compliance with Singapore's employment legislation.
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1. Parties: Details of employer and employee, including registration numbers and addresses
2. Background: Context of employment relationship and position being offered
3. Definitions: Key terms used throughout the contract
4. Position and Duties: Job title, role description, and key responsibilities
5. Term of Employment: Duration of contract and any renewal provisions
6. Remuneration and Benefits: Salary, bonuses, and statutory benefits including CPF contributions
7. Working Hours and Leave: Standard working hours, overtime, annual leave, sick leave, and public holidays
8. Termination: Notice periods and grounds for termination
9. Confidentiality: Protection of company information and trade secrets
10. Governing Law: Singapore law governing provisions
1. Non-Compete: Restrictions on working for competitors - recommended for senior positions or roles with access to sensitive information
2. Intellectual Property: Ownership of work products and inventions - recommended for creative or technical roles
3. Mobility Clause: Provisions for workplace relocation or overseas assignments - recommended for multinational companies or roles requiring travel
4. Commission Structure: Details of sales or performance-based compensation - recommended for sales or commission-based roles
5. Stock Options: Employee share option plans or equity arrangements - recommended for senior executives or startups offering equity compensation
1. Schedule 1 - Job Description: Detailed outline of role responsibilities and requirements
2. Schedule 2 - Benefits Schedule: Detailed breakdown of all benefits and entitlements
3. Schedule 3 - Company Policies: Reference to relevant company policies and procedures
4. Schedule 4 - Bonus Structure: Details of performance bonus calculations and conditions
5. Schedule 5 - Code of Conduct: Company's expected standards of behavior and ethics
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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