An Employee Retainer Agreement is an agreement between an employer and employee that establishes a set of terms and conditions under which the employee agrees to work. Typical terms often include a fixed salary, payment in return for completing specific tasks, details regarding hiring and firing processes, and job duties. This agreement acts as a way for both parties to clearly define their expectations from the outset, thus helping to ensure that both will be satisfied with the outcome of their working relationship. By signing a retainer agreement, employees can be sure that their rights are being properly safeguarded, while employers can rest assured knowing that they are getting a reliable worker who understands their obligations.