Why Do I Need an Employment Contract for My Startup Team?

 Why Do I Need an Employment Contract for My Startup Team?"

👥💼 #EmploymentContractsIndia #StartupHiring #LegalEmployment #EmployeeProtection #IndianLabourLaws #StartupLegalBasics #FoundersGuide #WorkplaceSecurity 🧑‍💻🧑‍⚖️

Founder: “We’re all good friends. Can’t we just shake hands?”
Lawyer: “Well, a handshake doesn’t cover non-compete clauses or termination terms, does it?” 😅💥

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📜 The Power of an Employment Contract

An employment contract is your legal safety net.
Without it, you’re leaving your business open to misunderstandings, disputes, and liabilities. 📉
From your employee’s salary to their exit terms, it’s all legally defined and protected in a solid contract.

🔑 Key components:
✔ Job role and responsibilities
✔ Compensation, benefits, and bonuses
✔ Working hours, location, and leave policies
✔ Non-compete and non-disclosure clauses
✔ Confidentiality obligations
✔ Termination conditions

#EmployeeRightsIndia #EmploymentContractBasics #StartupHiringLegalities

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🚨 What Happens Without a Contract?

❌ Risk of wage disputes, unclear job expectations
❌ Employee can leave without notice or penalties
❌ No protection if they share sensitive company info
❌ Confusion about severance, bonuses, and benefits

📉 Real Talk: A startup hired a developer based on a verbal agreement. After 6 months, the employee left, taking critical code and files with them. There was no signed contract, so the startup had no legal recourse. 😞

#StartupLegalTroubles #EmployeeIssuesIndia #WorkplaceRisks

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✅ What Should a Good Employment Contract Include?

✔ Clear job description and performance expectations
✔ Transparent salary structure, with bonus and benefits
✔ Confidentiality and IP ownership clauses
✔ Non-compete clause (if applicable)
✔ Notice period and termination conditions
✔ Dispute resolution process

Pro Tip: Always review the contract thoroughly. Even your trusted team members need clear terms to protect both parties. 🧐📑

#EmployeeAgreementTips #EmploymentContractReview #LabourLawIndia

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🛡️ Don’t Leave Your Startup Vulnerable — Protect Your Team & Business Legally

At LEXIS AND COMPANY, we draft airtight employment contracts that safeguard your interests and ensure smooth working relationships. Let’s protect your startup, one contract at a time! ⚖️📝✨

📞 Call: +91-9051112233
🌐 Website: https://www.lexcliq.com