The Alaska employment agreement is a contract the details the payment, benefits, and any other terms and conditions between an employee or contractor. Depending on the type of agreement chosen, the individual being hired to perform a service may be an employee or strictly paid for services provided. If the individual is being hired as an employee, they will most likely be entitled to benefits (health care, retirement programs, holiday bonuses, etc.) whereas a contractor will be paid solely for the service provided.
Employee (Definition) – AS 23.20.525
Minimum Wage – $9.84 (Division of Labor Standards and Safety)
Independent Contractor Agreement – Between a client and a contractor for the payment of services provided. The contractor is not deemed an employee under State law.
Non-Compete Agreement – Between an employer and employee that typically prohibits them from being able to work in the same industry as the employer if they should quit or be relieved from their position.
Non-Disclosure Agreement – Between an employer and employee that does not allow an employee or independent contractor to reveal proprietary information or trade secrets to a third (3rd) party or competitors.
Subcontractor Agreement – Between a main contractor that “subs” out a portion or all of the work on a project to another company. For example, a construction company building a hotel hires a company to paint the exterior of the building.