PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Vice President (hr&ir)
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Babu AlexanderFixed-term employment is a contract in which a company or an enterprise hires an employee for a specific period of time. In most case it is for a year but can be renewed after the term expires depending on the requirement.
Under the fixed-term employment contract, the payout or the payment is fixed in advance and is not altered till the term expires. However, such contracts cannot be given for routine jobs. It is usually given out for jobs which are temporary. It cannot be used to replace existing employees, if he or she is on a long leave.
In IT companies, sometimes professionals are hired on contractual basis to complete a specific project.
From India, Madras
ehs keshavaCan the fixed term employment be extended for four times.
regarding statutory posts such as labor welfare officer and safety officer if the employee is hired on fixed term contract,can the employee serve his post legibaly on principles.
what does the statutory provisions suggest regarding fixed term employment for the above positions since these vacancies are a compliance requirement and needs to be in place regularly.
Awaiting your logical replies
From India, Mysore