There are many types of laws in the world among them one is called employment contract law. This contract is a legal relationship of establishing the conditions, duties, rights, and responsibilities of employment. Every company has its own rules, for example, the obligation of the employer to pay wages to the employee. Some of them get written and some do not.
It also depends on the person’s employment status. You will find different contracts. It is hard to determine the employee’s employment status before creating an employment contract.
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Types of employment contracts
There are many types of contracts but we will talk about some of them. Employment Contacts have advantages and drawbacks.
These are the most widespread employment contracts used worldwide.
Fixed-term employment contract
This contract is used when a person is hired for a specific length of time. He must complete a particular project. In this contract, you can see the starting time and ending time. In this the jobs of employment are temporary. This contract is a benefit for both of them. The owner knows the ending time and employment know I am to finish the work in this time.
Full-time employment contract
This contract is for those who want to work full-time. This contract is made for regular jobs and those who work at least 38 hours per week. This can be different depending on the company policies. They are given paid time off and must be given notice if terminated.
Part-time employment contract
If we compare this with A permanent employment agreement or full-time, it has fewer hours. They are typically employed for 20 to 29 hours per week. They get the same basic employment rights as full-time employees. Now, it depends on your plan which contract you want.
Independent contractor
This contract is used for freelancers who provide their services to other organizations. Freelancers set their own fees and working conditions. They can do many work at the same time. There is no bound in it. Many employers on this are permanent and many are temporary and many are paid for their projects. It is very hard to distinguish who is working on which condition and contract. It is legal. This contract is rapidly gaining popularity. Many employees are working on these contracts from the US and Europe. They are making good revenue with this contract.
Casual employment contract
This contract is great in that situation if you send someone to work for you but are unsure how many working hours. You cannot also promise a daily working routine. He can work only a number of hours.
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