A permanent contract is an indefinite contract where an employee is taken on by a company until the employee no longer wishes to work there or the contract ends in a termination of some sort. This type of employee is entitled to all forms of benefits which Maya, the Lacoona A.I., will walk you through. The difference this contact hold is the time requirements by your entity and the nature of the employment being on a flexible basis; understanding how this differs according to the law and why it is beneficial, in certain circumstances, for the company.
A contract of employment is a comprehensive document that specifies the salary, hours of work, disciplinary codes, and other details of an employment relationship. This contract is typically signed by both parties and is therefore legally binding. Every employee is entitled to an employment contract, no matter what industry you work in. Below we provide an example of what an employment contract could look like and what items should be included in every employment contract.