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

In Thailand, three types of employment agreements can be accommodated:

• Indefinite-term Employment Agreements: These agreements do not have a specified end date.

• Fixed-term Employment Agreements: These agreements have a predetermined end date, which is set at the beginning of the employment.

• Part-time Employment Agreements: Employees under part-time agreements are entitled to the same minimum rights, benefits, and protections as those in full-time employment. However, their working hours are less than those of full-time employees.

It's important to note that hourly employment agreements are not accommodated in Thailand. Velocity Global Thailand has templates available for these types of employment agreements to assist customers in Thailand.

Is it necessary for the employment agreement to be bilingual with Thai taking precedence in Thailand?

In Thailand, it is not necessary for the employment agreement to be bilingual with Thai taking precedence. Pebl's employment agreement template is provided in English.

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

In Thailand, seniority can be recognized in employment agreements. It is typically stated in the agreement that the company acknowledges the supported employee has been working for the customer since a specific start date. This ensures that the supported employee continues in the same position and that their working term is counted from the specified start date.

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

In Thailand, variable compensation must be outlined in a separate Variable Compensation Plan and should not be included in the employment agreement.

Does the Variable Compensation Plan require a local translation in Thailand?

The Variable Compensation Plan does not require a local translation in Thailand.