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Employment contract
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== Types of Employment Contracts == The two most common types of employment contracts include fixed-term and open-ended contracts. === ''Fixed-Term Contract'' === [[Fixed-term employment contract|Fixed-term contracts]] are used when an employer wishes to hire an employee for a specific amount of time that is agreed upon in advance {{Citation needed|date=December 2021}}. Also known as task contracts, a fixed-term contract can also be used for the completion of a specific task and the contract will be terminated automatically upon completion of the task. Either party may terminate the contract before the end of the specified term if appropriate notice is given by either side (University of Strathclyde, 2013). === ''Open-Ended Contract'' === Conversely, an open-ended employment contract does not have a specified end date. Open-ended employment contracts are also called permanent, indefinite, or continuing contracts as they are typically used for long-term employment situations (University of Strathclyde, 2013). This type of employment contract may be terminated if either party gives appropriate notice to the other party or in specific instances such as health concerns, resignation, or misconduct.
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