Employment Agreement(Annual Salary)
Employer |
Name in Full |
| ||
Name of Company |
| |||
Address |
| |||
Employee |
Name in Full |
|
Social security number |
|
Address |
|
1. Salary
Annual Salary(total amount) : ₩
① basic pay(Annual) : ₩
② miscellaneous allowance(Annual) : ₩
③ allowance of every year(Annual) : ₩
④ severance allowance : ₩
2. Miscellaneous allowance & Salary
1) Company shall pay allowance of every year, severance allowance that employee works more than one year .
2) Miscellaneous allowance contains overtime allowance, non-duty allowance, night time allowance.
3) Ordinary wages : Company divide ten equal parts basic pay then shall pay to employee 1/12.
4) Severance pay is based on the length of service with the company: one month's pay for each full year of employment.
3. terms of payment
Company divide ten equal parts basic pay then shall pay to employee 1/12.
4. period of payment
Company shall reckoned from every month ___ to ___ the following month then shall pay ___ the next month.
5. Confidentiality Information
Employee agrees to execute a confidential information and invention assignment agreement as annexed hereto.
6. Vacation with pay
according to the special rules.
7. Working hours
1) The working schedule will be Monday to Friday(from 00:00 a.m. to 00:00 p.m) and biweekly on Saturday(from 00:00 a.m. to 00:00 p.m).
2) Employee paid extra for overtime include miscellaneous allowance.
8. Time to rest
Employee agrees to rest for sixty minuites a day.
9. Manner of duty
lateness, leaving office, absence and disciplinary will be governed by the relevant company regulations.
10. Resignation
Giving Notice of Resignation Employees who decide to terminate their employment must give one month prior notice.
11. Contract Period
___ day of ___ , 20___ ∼ ___ day of ___ , 20___
12. Renewal
Employee's performance reviews, productivity and attitude. If these have been consistently good, or have improved over time, then company renews giving an employee a raise.
13. Termination
Employee who has done the damage is under obligation to pay for it and cancel this contract.
Remarks : Other matters related to the payment of salary and working conditions will be governed by the relevant company regulations.
We, the undersigned, fully understand the contents of this contract and mutually agree to perform our responsibilities.
Date :
Employer : (signature)
Employee : (signature)
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