When dealing with the world of employment contracts, and legal documents in general, it’s easy to be overwhelmed by the diversity of terms and phrases used The following is a guide to the key terms that you are likely to encounter when you find yourself discussing flexible working policies in a business environment

Unemployment is making all of the headlines at the moment, and over a million more job losses are expected in the next year or so Managers around the country are frantically consulting employment contracts and legal documents, looking at redundancy procedures and assessing just how many staff they need to lose in order to keep their business afloat

So you’ve had enough of your start-up business, and want to sell it while the going’s good and move on to better things (or simply retire on the profit you make)

What is an equality policy An equality policy is a business document that outlines a company’s position on equality in the workplace

Getting that initial contract of employment template ready can be a real hassle, and it’s tempting to get a professional to draft it up, but even at that stage, it’s important to know what you’re promising your employee, and to make sure that there are no loopholes that can be exploited by less scrupulous employees