You must have heard the term “Employment Contract”. But have you discovered what it means and what are the different types of employment contracts are there? This blog will answer all these questions in a simpler way. Just go through it and find answers to all your queries. Moreover, you can hire contract law assignment help for more details.

What is an Employment Contract?

It is a kind of contract which is signed between an “employee” and “employer” to attribute rules and responsibilities in an organization. This law was formed before the twentieth century which arisen out the law of “master-servant”. There are different types of law that differ from one another.

Types of Employment Contracts

Full-Time Permanent Employment Contract: It is a commonly used employment contract that is often used for employees. Working hours, Salary of the employees, holiday entitlements, Job designation, and other aspects are mentioned in this full-time permanent employment contract. All the terms and regulations of the company are drafted in this contract paper. This contract is usually made for those employees who are working eight or nine hours’ jobs.

Part-Time Employment Contract: This employment contract is somewhat the same as the full-time permanent employment contract. But in this contract, the employer focuses mainly on two elements are Payroll and Working hours. Holidays entitlements are clearly reflected in this employment contract. These are generally made for those employees who are indulged in part-time work. You can also hire contract law for more information regarding contract laws.

Director’s Service Agreement: This agreement is the most comprehensive agreement meant for a heavy-duty type of job. This agreement consists of specific details in which it describes how the director will deal with the business and his extents and scopes of duties. You can say this agreement is the most detailed agreement. As director of the company has unlimited access to get confidential details, that’s why it is made for confidentiality reasons.

Fixed-Term Employment Contract: For those employees who are temporary in a job; this contract is framed for them. Duration of job varies from the need of projects. It can be for a few years or even a couple of weeks. It all depends upon the extent of the projects. Those employees who are going to work on a temporary basis have to sign a basic set of terms and conditions whereas it can be drafted in a detailed manner if the project is going to proceed for several years.

Zero-hour contract: This contract creates a mutual understanding between worker and employee where the latter one is not obliged to give minimum hours of work to the former one. Similarly, the worker is not applicable for accepting any work which is offered by the employee. In this contract, the employee signed a document from workers where a specific time in terms of hours is mentioned but no particular time. They can call the worker according to the needs and requirements. Whenever there is a need for workers, they can call them. In short, it can be referred to as “call scheduling”.

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