Document background
The Employment Transfer Agreement is essential in situations where an employee's employment is being transferred from one employer to another in Pakistan. This commonly occurs during corporate restructuring, mergers and acquisitions, or internal reorganizations within company groups. The agreement ensures compliance with Pakistani labor laws and regulations, including the Industrial Relations Act 2012 and relevant provincial labor laws. It documents the transfer terms, preserves employment continuity, protects employee benefits, and clearly defines the responsibilities of both the transferring and receiving employers. This document is crucial for maintaining transparent and legally compliant employment transfers while protecting the interests of all parties involved.
