What types of employment agreements can be accommodated in Sri Lanka (i.e., fixed-term, part-time, hourly, etc.), and what are the restrictions for each type? Does Pebl have templates available?

Velocity Global Sri Lanka can accommodate the following types of employment agreements:

• Indefinite employment agreements
• Part-time employment agreements
• Fixed-term employment agreements
• Hourly employment agreements

Is it necessary for the employment agreement to be bilingual with Sinhala or Tamil taking precedence in Sri Lanka?

Our employment agreement template in Sri Lanka is in English.

Can seniority be recognized in employment agreements in Sri Lanka, and if so, in what ways can this be reflected?

Yes, seniority may be recognized in employment agreements for supported employees in Sri Lanka.

Can variable compensation be included in the employment agreement in Sri Lanka, or should it be outlined in a separate Variable Compensation Plan?

It is recommended to issue Variable Compensation Plans in a separate document outside of the employment agreement in Sri Lanka.