Fixed-term Employment

What is Fixed-term Employment?

 

‘Fixed-term Employment’ refers to a kind of employment that has a pre-defined start and end date. It might be either a date or the completion of a specific project.

 

Fixed-term employment comes with its own set of employment rights and responsibilities. For example, the employee is required to leave the company once the contract is over. Similarly, they are not entitled to the additional benefits provided by full-term employment.

 

Hence, one must clearly distinguish between fixed-term employment and casual employment. For example, students and apprentices working in an organization are not considered fixed-term employees as their employment would not have a pre-set end date.

More HR Terms

Compensation

What is Compensation ?    ‘Compensation’ is defined as the remuneration provided to an employee in lieu of his or her services. It is distinct

Bargaining Representative

What is Bargaining Representative ?    A ‘Bargaining Representative’ is a mediator, who bargains for the employee in case of any kind of enterprise-level disputes

Paid Leave

Paid leave ensures a span of time off that an employee gets from the organization due to illness, vacation, and more without any salary loss.

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