What should an employment contract in Moldova include?
An employment contract in Moldova typically entails the following information:
- Employer and employee information, including their names and contact information.
- Job title and duties of the employee.
- Designated working hours and days for the employee.
- Agreed-upon salary or wages, as well as any extra benefits or bonuses.
- Provisions for termination, including notice periods for both parties.
- Agreements on non-disclosure and confidentiality, with mutual understanding.
It is important for both the employer and employee to carefully review the terms of the employment agreement before giving their signatures.
What types of employment contracts exist in Moldova?
Employment contracts in Moldova can be split into several categories:
1. Employee contract
In Moldova’s labor market, there are two distinct types of employee contracts:
- Indefinite-term contracts: they are also known as permanent contracts that don’t have a specified end date. Instead, they continue until either the employer or the employee decides to terminate the contract. Moldovan labor laws generally require employers to provide valid reasons and follow due process when terminating an indefinite-term contract.
- Fixed-term contracts: These contracts are valid for a specific period, usually for a predetermined duration or until the completion of a particular project or task. The duration of a fixed-term contract can’t exceed more than 5 years.
2. Temporary contracts
Temporary contracts have a predetermined start and end date. The duration can vary based on the needs of the employer, ranging from a few weeks to several months or even years. Once the contract reaches its end date, the employment relationship terminates automatically. They are often utilized for seasonal work, filling in for absent employees, meeting temporary workload fluctuations, or completing specific projects.
3. Probationary Contracts
These contracts are used to assess an employee’s suitability for a position during a trial period. The terms and conditions of the employment can be modified or terminated based on the evaluation during the probationary period. Probationary periods in Moldova can last from 3 months to 6 months.
How to hire employees in Moldova?
Hiring employees in Moldova normally requires establishing a legal entity in the country. This entails registering your business with Moldova’s authorities and getting a business registration number. You’ll also need to follow Moldova’s local laws and regulations to ensure full compliance.
By utilizing Native Teams’ employer of record services, you can focus on the daily management of your business while we take care of everything else. We will provide you with all the necessary information about compliantly hiring in Moldova and other countries around the world.