The Minnesota employment contract details a new business endeavor between employer and employee. This agreement specifies the job title and description. Included are also benefits such as 401k, paid time off, holidays, insurance, etc. Non-disclosure agreements may also be presented. Once agreed upon, both parties will sign and employment will be executed.
Employee (Definition) – § 181.723
Minimum Wage – $9.86/hour for large employers
$8.04/hour for small employers (181.13, 181.14, 181.145)
Independent Contractor Agreement – Describes the services a contractor is hired to perform in exchange for payment once services are met.
Non-Compete Agreement – Hinders employees from using an organization’s secured information and contacts in order to compete against the employer.
Non-Disclosure Agreement – Preserves a company’s integrity through securing its most essential information from third parties.
Subcontractor Agreement – Hired by an independent contractor for services on a minimal part of a big assignment.