Premium Essay

4rai

In:

Submitted By moowards
Words 3718
Pages 15
Supporting Good Practise in Managing Employment Relations
Permanent:
This is a contract where you are employed by the company with no fixed end date. All permanent contracts must include a Principal Statement detailing the following: * Your name and your employer’s name * Your job description * The start date of your employment * Your salary and salary pay date * Your hours of work * Holiday entitlements * Sick pay arrangements * Termination notice required from both parties * Information about disciplinary and grievance procedures * Pension scheme details
As the contract is a mutual agreement signed copies should be kept. As permanent contracts are for an indefinite period the employer is obliged to add some flexibility into the contract such as working hours, employee benefits, maternity, paternity, pay rules and also details should they change working hours or location. A permanent employee could be employed in either a full time or part-time capacity and the hours agreed will be written into the contract.
Temporary:
This refers to an employment situation where the working arrangement is limited to a certain period of time based on the desire of the employer, the temporary worker is hired to assist employers to meet business demands but allows the employer to avoid the cost of hiring a permanent employee, it’s usually the employer that benefits from employing temporary workers. Temporary workers can also be employed on a full time or part time basis dependant on the employer’s requirements. Temporary employees rarely receive any benefits from the employer or the job security afforded to permanent employees, a temporary assignment can end at any time depending on the employer’s needs.
Fixed Term:
This is a contract with a start and end date fixed term workers are often employed to cover a leave of absence from the

Similar Documents

Premium Essay

Vickery Thesis

...Essays in Banking and Risk Management by James Ian Vickery B.Ec.(Hons), University of New South Wales (1997) Submitted to the Department of Economics in partial fulllment of the requirements for the degree of Doctor of Philosophy in Economics at the MASSACHUSETTS INSTITUTE OF TECHNOLOGY September 2004 c ° James Ian Vickery, MMIV. All rights reserved. The author hereby grants to Massachusetts Institute of Technology permission to reproduce and to distribute copies of this thesis document in whole or in part. Signature of Author . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Department of Economics August 15 2004 Certied by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ricardo Caballero Ford International Professor of Economics Thesis Supervisor Accepted by. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Peter Temin Elisha Gray II Professor of Economics Chairperson, Department Committee on Graduate Studies Essays in Banking and Risk Management by James Ian Vickery Submitted to the Department of Economics on August 15 2004, in partial fulllment of the requirements for the degree of Doctor of Philosophy in Economics Abstract This thesis consists of three essays at the intersection...

Words: 58636 - Pages: 235