Fixed Term Employment Contract Sample Malaysia

By on July 12, 2022

Fixed-term employment contracts are a common practice in Malaysia. These contracts define the terms of work between an employer and an employee for a specific period. This can range from one month to several years, depending on the needs of the company and the nature of the job. A fixed-term employment contract sample in Malaysia usually includes the following key elements.

1. Basic Information

The contract should include the basic information of the employer and employee. This includes the full name, address, and contact details of both parties. It should also state the start and end dates of the contract.

2. Job Description

The job description should be clearly outlined in the contract. This includes the duties and responsibilities of the employee, the expected work hours, and any specific requirements for the job.

3. Salary and Benefits

The salary and benefits package should also be stated in the contract. This includes the basic salary, any allowances, and benefits such as medical insurance, annual leave, and sick leave.

4. Non-Disclosure Agreement

A non-disclosure agreement (NDA) is often included in employment contracts to protect the confidential information of the employer. This agreement prohibits the employee from disclosing confidential information to any third party during and after the employment period.

5. Termination Clause

The termination clause outlines the conditions under which the contract can be terminated. This includes both voluntary and involuntary termination. It should also specify the notice period required before termination.

6. Intellectual Property Rights

The contract should also include a section on intellectual property rights (IPR). This includes the ownership of any intellectual property created during the course of employment. The contract should clearly state who owns the rights to any inventions, processes, or patents created during the employment period.

7. Dispute Resolution

The contract should also have a dispute resolution clause. This outlines the process for resolving any disputes that may arise between the employer and employee, such as mediation or arbitration.

In conclusion, a fixed-term employment contract sample in Malaysia should include all the key elements to protect both the employer and employee. It is important to ensure that all parties are aware of the terms and conditions of the contract, and that it complies with the relevant employment laws in Malaysia. By having a clear and comprehensive contract in place, both the employer and employee can work together productively and confidently for the duration of the employment period.