Types of Employment Agreements and Contracts

There are two basic types of employment agreement:

Individual Employment Agreement (IEA), which is an agreement between one employer and one employee.
Collective Agreement (CA), which is an agreement between one employer and one union (ie the employees who are union members are covered by the agreement, but they are not parties to it as such). There is also a Multi-Union Collective Agreement (MUCA), which is an agreement between one or more employers and more than one union, and a Multi-Employer Collective Agreement (MECA), which is an agreement between more than one employer and one or more unions. Note: Vape Merchant does not have any form of collective agreement.

There is also a different type of contract if you are planning to engage an independent contractor.

An employment agreement is used for direct employment situations where the employer directly employs an employee who is usually paid by wages or salary.

In contrast, the Independent Contractor Agreement applies to situations where the parties want to set up a commercial arrangement. This is usually between a company (referred to as the principal) and a contractor (usually a company but can also be a partnership or a sole trader, which is a single person operating a business under their own name or with a registered business name). The payment basis for a contractor is usually a set price or formula for completion of a task. However in many cases, payment will be in regular instalments as progress payments depending on the amount of work completed in the period.

Read on to learn more about these agreements:

Different hours of work arrangements

Employment agreements may have a number of typical arrangements covering hours of work and tenure:

Permanent Full Time
Permanent Part Time
Temporary or Fixed Term
Casual

Read about different hours of work arrangements.