Small Business Glossary and Definitions

An Individual Employment Agreement is a written contract between an employer and employee that describes the services required of the employee and the obligations of the employer for receipt of those services.

The agreement outlines scope of work, rate and form of pay, and a description of benefits to the employee. Other issues included can be non-disclosure of trade secrets agreements, gag rules, separation processes, and dispute resolution. As a contract, the agreement is legally enforceable by either party.