Monday, 16 June 2014

Employment Contract Types

Permanent 
 A permanent contract is an official or written agreement between an employee and employer stating the rules and regulations in a full-time or part time basis and the rules and conditions under which both parties are going to work and/or including the terms and condition for compensation and the targets or milestones to be achieved. 

Full-time 
A full time contract is a legal agreement that is enforceable in a court of law or by binding arbitration in which an employee agrees to work on a fulltime basis for a specified period. To be legally recognized, the agreement should be in written form and should contain signatures of both the employer and the employee. 

Part-time 
a part-time employee is an employee who is engaged to work less than an average of 38 ordinary hours per week and whose hours of work are reasonably predictable, with a guaranteed minimum number of hours of work. Work is usually performed on regular days of the week. A part-time employee will usually be entitled to the same employment conditions as a full-time employee, but on a pro rata basis compared to the full-time hours (usually 38 per week) prescribed under the applicable industrial instrument. 

Freelance 
  • they are self-employed or are part of other companies 
  • they often look after their own tax and National Insurance contributions (NICs) 
  • they might not be entitled to the same rights as workers, eg minimum wage 
  • you’re still responsible for their health and safety 

Voluntary 
A person who freely offers to take part in an enterprise or undertake a task: 



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