Day: January 6, 2017

#HR #Word:#Contract for #Services

 Çontract undertaken by a person for provision of a service (i.e an intangible output) and is solely responsible for the satisfactory completion of the service


A contract for service is generally taken by a self employed person, and that person may in turn employ other people to carry out the service. In a contract for service, there is typically no employer-employee relationship between the two parties involved.

For example, a contract for service may be – a contract between a firm and a vendor for supply of tea and refreshments in the staff canteen for a period of one year.

Some of the key elements which are covered in the contract include:

Description of service to be provided

• Terms of payment

Duration

Confidentiality if any

Warranty

Remedies

Provision for modification

#HR #Word:#Contract #Compliance

Contract Compliance is state of acting in conformance with the predefined and agreed rules or guidelines.


 In many countries the contract compliance mainly deals with the adherence regarding equal opportunity policies and regulations. I.e. equal opportunity for employment without regard to age, gender, religion, disability, or national origin.

 

The industries will have certain regulations from the government regarding the way they perform their activities. The regulations can be regarding equal employment opportunities to all, or rules and standards to be followed to listing a company, or regulations of minimum number of women employees employed etc. The management of such contracts so that the company is adhering to all such regulations is called contract compliance.

 

For example: in United States, there is a specific Official who takes care of the adherence issues called Contract Compliance Officer, whose duties mainly involves investigating formal complaints recommending ways to ensure compliance regarding equal employment opportunities, advising managers of departments in implementing procedures and regulations regarding equal opportunities, liaising with minority groups and public and private organizations for promoting equal opportunity objectives, attending human rights meetings, monitoring and reviewing developments in contracts, preparing instructions and distributing to department managers etc.