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What is the term for a contract in which a person agrees to work for an employer for a specific period of time?
Wiki User
∙ 10y ago
The contract is the indenture servant program. The indenture servant would sign a contract for passage to America, In return, the indenture would work for seven years to the person or company to pay the debt.
Wiki User
∙ 16y ago
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What is the difference between employer and employee?
An employer is a person or entity that hires an individual to work for that person or entity for an agreed upon salary which may be either hourly or a fixed salary for a specific period of working time. An employee is an individual who agrees to work for an individual or entity (employer), is hired by the employer, fulfills the job requirements, works the specific job and hours, and is paid for the performance of the job the completed for the employer.
Can employees pay be changed from weekly to monthly?
Yes. This is not an unequivocal "Yes" if there is a collective bargaining agreement in place between employer and a union representing the employees. If that agreement calls for weekly salary payments, the employer would be prohibited by contract from changing the pay period. The employer could go to the union and ask that it agree to a change in the contract pay period, but the union would have to agree. Of course, when the contract expires, the employer can demand a change in the pay period, but that will then become an issue for the new contract negotiation. If the contract requiring a weekly pay period is no longer in effect and if the employer insists on a monthly pay period, the union might refuse to accept that condition and go on strike.
What is a contract to keep an offer open for a specific period of time called?
This is know as an option contract.
What is an indentered servent?
An indentured servant was a worker, typically a laborer or tradesman, under contract to an employer for a fixed period of time
What is a TS Auditors Salary?
Money paid to the individual by their employer over a specific time period.
Which describes the document where an employer records all the deductions connected with a specific payroll period?
Payroll register
Does Florida have a right to cancel a contract to purchase a used car.?
If you are asking is there a cooling off period or buyers remise law in Florida on the purchase of a used car the answer is no. Once you sign the contract you are legally bound to that contract and it cannot be cancelled unless the seller agrees to that cancelation. The Buyers Remorse or Cooling Off Period laws do not apply to the sale of a new or used vehicle in any state.
What is defect liability period in contract?
A period of usually twelve months following practical completion, during which the employer can require the contractor to return to the site to complete any omissions in the works and to make good any defective work or materials. When all omissions and defects have been made good, the contract administrator or Employer's Agent must issue a certificate or statement of completion of making good defects.
Is it ok to let your employer know that you are not going to sign a new contract you still have 7 months left in the current contract?
It is "okay" as in legal and perhaps even thoughtful or arguably ethical if you feel that you will be assisting your employer in finding your replacement by giving them such advance notice. And if your contract specifies a minimum notice period for non-renewal then you should follow that requirement, no questions. However, it is difficult to render an opinion as to whether it is a good idea to tell your employer 7 months in advance that you do not intend to continue after the end of your contract. That you have a contract makes it unlikely they will terminate you early, however, providing your employer with this information at this stage may make things unnecessarily difficult for you depending on your relationship with your employer, your supervisor, etc. Only you really know the situation you are in well enough to evaluate how the next 7 months at your workplace would be if your employer knows you are on your way out the door. Think it through first!
What are contingent workers?
A temporary or part-time worker, usually one working under contract for a fixed period or a specific project.
What is Contract-to-Hire?
This is pretty simple concept. it means a person would be hired as a contract employee for specific period of time if they find that you are worth to be observed inside the company then they will take you for a permanent role.
What is a turnkey contract?
In turn key contract, the contractor is entrusted to design, construct, commission & handover the project to the employer. The employer will make the lump-sum payment to the contractor at the different stages of work as per the agreement. This type of contract is useful when the work has to be completed at a very short period. The whole risk is borne by the contractor.
