Compensation Agreement (United States) Form

Create your Compensation Agreement

What is the date of the original employment agreement?

Employer Details

Type:

IndividualCorporation/Organization

Name:

Address:

(e.g. Street, City, State, ZIP Code)

Frequently Asked Questions

Who is the employer?The employer is the party which is hiring and paying individuals or organizations to perform work on the employer’s behalf. Employers are responsible for controlling and directing the work performed by the employees. Who is the employee?The employee is the individual or organization who has been hired and paid to work on the employer’s behalf.

Employee Details

Name:

Address:

(e.g. Street, City, State, ZIP Code)

Compensation Details

How will the employee be paid?

Hourly wage

Yearly salary

Commission

Yearly salary plus commission

Other

Hourly wage:

$

How often will the employee be paid?

Twice per month

At the end of the month

Every two weeks

According to employer's policy

Other Compensation

Change overtime from the employment agreement

Change vacation from the employment agreement

Add additional compensation

Length of Compensation

What is the start date of the Compensation Agreement?

What is the end date of the Compensation Agreement?

How will the employee's compensation be set after the end of this Compensation Agreement?

According to the employer's policies

According to the employment agreement

Prior Compensation Agreement

Is there an existing compensation agreement?

Yes

No

Additional Clauses

Do you want to include any additional terms or information?

Yes

No

Frequently Asked Questions

When should I include an additional clause?You should include an additional clause if there are any terms or issues unique to your situation that have not been addressed in the questionnaire.How should I write my clause?In order to reduce confusion, write your clauses with plain language and limit them to one paragraph in length. Also, use any predefined terms such as Tenant, Property, Landlord, etc. in your clauses.

Signing Details

When will the Compensation Agreement be signed?

Today

This month

Unsure

Specify date

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