ENTREPRENEURSHIP

Detailed explanation-1: -Definition: Fixed-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. In a fixed-term employment, the employee is not on the payroll of the company.

Detailed explanation-2: -Casual work is the engagement of workers on a very short term or on an occasional and intermittent basis, often for a specific number of hours, days or weeks, in return for a wage set by the terms of the daily or periodic work agreement.

Detailed explanation-3: -Jobs with a specific end date are called “short-term.” Full-time or part-time work may be considered short-term as long as they have an end date that is clear to both the employer and the employee. Temporary or fixed-term roles are also used to describe this employment.

Detailed explanation-4: -Term contract employees are those who are on fixed-term contracts of employment that will terminate upon the expiry of a specific term unless it is renewed.