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

In the United States, Velocity Global accommodates various types of employment agreements. These include:

• Exempt and Non-Exempt Agreements: These agreements can be structured either on an hourly or weekly salary basis. Hourly agreements must adhere to state and local regulations. Velocity Global offers templates for these types of agreements.

• Part-Time Agreements: There are no specific restrictions associated with part-time agreements, and a template is available for these arrangements.

Velocity Global provides templates to assist with these employment agreements.

Is it necessary for the employment agreement to be bilingual with the native language taking precedence in the United States of America?

In the United States, it is not mandated that employment agreements are written in any specific language. All employment agreements provided by Velocity Global United States are written in English.

Can seniority be recognized in employment agreements in the United States of America? If so, in what ways and how can this be reflected in employment agreements?

In the United States of America, seniority can be recognized in the offer letter. However, it is important to note that recognizing seniority does not typically establish any legal right.

Can variable compensation be included in the employment agreement or should it be outlined in a separate Variable Compensation Plan in the United States of America?

Variable compensation may be included in the offer letter or attached to the employment agreement in a Variable Compensation Plan.