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an employment contract in Michigan is an agreement between an employer and an employee that outlines terms of employment and compensation for services provided in the state in this video were going to cover the contents of an employment contract at-will employment taxes and minimum wage laws in the state whats covered in an employment contract the document spells out many conditions regarding employment including employee duties title whether the employee is full-time or part-time employment periods such as at-will or a specified period pay benefits vacation time leave and confidentiality at-will employment laws employment contracts can be arranged to start and end during an agreed-upon time period but most contracts are at will which means either party may terminate the relationship at any time there are federal exceptions that prevent employers from firing employees for reasons like discrimination but many states also have laws that would make certain cases of termination unlawful