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

Extrinsic Motivation

What is Extrinsic Motivation?   ‘Extrinsic Motivation’ refers to the motivation provided by extrinsic factors which exist outside the scope of normal factors such as

Layoff

What is Layoff?   Layoff is a temporary or permanent termination of a job for one or more employees due to operational or financial reasons

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