What are examples of company property?
Company Property shall include all notes, memoranda, reports, lists, records, drawings, sketches, specifications, software programs, software code, data, computers, cellular telephones, pagers, credit or calling cards, keys, access cards, documentation or other materials of any nature and in any form, whether written,
What is an example of company equipment?
Equipment is a tangible long-term asset that benefits a business over several years of use. Computers, trucks and manufacturing machinery are all examples of equipment. They are tangible because they have a physical formunlike intangible assets (such as patents, trademarks or copyrights) that do not.
What is equipment an example of?
Equipment is considered a noncurrent asset or fixed asset. A noncurrent asset is a long-term investment that your company makes that is not likely to become cash within an accounting year or does not easily convert to cash. Fixed assets generally apply to property, plant and equipment (PPE).
What is a formal employment contract?
Employment contract is a formal, signed agreement between the new employee and the employer (or the labor union). It explains the rights, responsibilities, and obligations of both the employee and the employer.
Can you use company equipment for personal use?
Dont allow employees to use company equipment for personal purposes, whether on their own time or company time. But if you do offer this benefit to your employees, try to protect your business in your employee handbook.
What is company issued equipment?
In the course of their employment, staff may be provided with certain computer-issue equipment. This may include a company cell phone and/or laptop. You may not lend, sell, or give away this property, as it belongs to the company.
What is an employee equipment agreement?
An employee equipment agreement allows an employee to use and take company equipment out into the field or to their home. The employee will be fully responsible for the equipment, except for normal wear-and-tear.
What is an employment contract South Africa?
An employment contract regulates the terms and conditions of employment between the employer and the employee. It includes information on what the employer will provide and specifies what the employee is entitled to in relation to company policy, benefits and labour legislation for the specific work performed.
What is a contract for use of equipment?
An equipment use agreement, sometimes called an equipment lease agreement, is a legal contract that allows a lessee to lease a piece of equipment from the owner or lessor. The lessee will be required to make periodic payments for the use of the equipment throughout the duration of the agreement.
What is an example of company equipment?
Equipment is a tangible long-term asset that benefits a business over several years of use. Computers, trucks and manufacturing machinery are all examples of equipment. They are tangible because they have a physical formunlike intangible assets (such as patents, trademarks or copyrights) that do not.
