Editing Employment contract (section)

{{short description|Kind of contract in labour law}}
An '''employment contract''' or '''contract of employment''' is a kind of [[contract]] used in [[labour law]] to attribute rights and responsibilities between parties to a bargain.
The contract is between an "employee" and an "employer". It has arisen out of the old master-servant law, used before the 20th century. Employment contracts rely on the concept of authority, in which the employee agrees to accept the authority of the employer and in exchange, the employer agrees to pay the employee a stated wage (Simon, 1951).