Types of Contracts of Employment

Types of contracts of
employment

Table of Contents
INTRODUCTION................................................................................................................................3
Discuss & analyse four types of contractual models with advantages & advantages &
disadvantages...................................................................................................................................3
Examples of two practice from two different organisations how & why they use different
contractual approaches.....................................................................................................................7
CONCLUSION....................................................................................................................................9
REFERENCES...................................................................................................................................10
Books & Journal:...........................................................................................................................10

INTRODUCTION
In corporate sector, employees and employers have unique relationship with each other.
Employment refers to a paid agreement between both employer as well as employee with mutual
considerations. Contracts are defined as written document which are enacted by law with aim of
getting the work done (Benbaji, 2019). Main aim of this essay is to understand the contracts within
a corporate sector & how they impact upon employment. In this essay two organisations have been
considered which are Tesco & Amazon. Tesco is largest supermarket headquartered in U.K.
Amazon is multinational e-commerce & technology firm headquartered in U.S. They both have
different form of contracts polices according to which they make decisions. This essay comprises
of type of contractual employment, advantages, disadvantages, two different organisation & their
contractual approaches.
Discuss & analyse four types of contractual models with advantages & advantages &
disadvantages
In corporate works, there are various type of contracts which are used by listed two
organisations which are Tesco & Amazon. They both uses different types of contracts depending
upon their firm policy & procedures. The HR manager of these companies make assure that these
agreements are mutually accepted & does not violates the terms & conditions of firm. It is
important for enterprise to make assure that al polices, procedures are mutual understood & agreed
by every one in proper way. So, four type of contracts are explained in which first one is
Permanent full time contracts. It is contract in which an agreement is being carried out under
fixed period of time which is of 35 hours a week. In this contract, employees are hired for
permanent position. Agreement involves s parental leave allowances, SSP which is Statutory Sick
Pay etc. Through such agreements it is easy for employer to implement their change strategy within
a workforce with aim of enhancing work level efficiency(Braganza, 2020).
Advantages for employer
Further benefit is that these allows employers to make decision regrading job role &
responsibilities in proper way. Also, they employee in this contracts get fixed amount of salaries by
employers.
They ensure the job security & permanent acceptance of personnel.

Disadvantages
Employers change their management strategies when ths contract is carried out which impacts upon
their work schedule.
Advantages for employees
Another benefit is that subordinates who are permanent have a fixed time scheduled according to
which they are able to carry out their work.
Disadvantages
This contract is that it is difficult for employee to work for fixed period of time & before that
period subordinate cannot leave the organisation. Both Tesco & Amazon use this contract in their
employment which is mutually accepted by both parties. Individual become stagnant with one
employee, they way of paying perks, amount of work given etc. It become difficult for permanent
employee to leave the job & search for other. One more disadvantage is that CV become in
attractive as well as boring when one is sicked to a particular job.
Permanent part time contracts in which employees are hire as permanent but for specific period
of time for example- half days etc. These contracts are meant for reducing work load of entity by
hiring subordinates in bulk. In this, a commitment (Dangi, 2019).
Advantages for employers
In relevance with Amazon, they too hire part time employees for completion of their work
objectives. With help of these, they are able to achieve their short term objectives in most efficient
way. It is essential to have proper knowledge about these contracts so that to both employer as well
as employee so that problem do not occur in near future. It depends upon both subordinates &
employers whether to carry out this for agreement for longer period or not.
Disadvantages
Then, disadvantage of this one is that the work done by permanent part time employees are not
always reliable which can disrupts the work schedule of other departments.
Moreover, in this employee find it difficult to evolve with other environment in corporate world
which reduces their ability.
Advantages for employees
Main benefit of such contracts is that with help of these work is being carried out effectively &
objectives are achieved in period of time. Another benefit is that through such contracts it is easy to
analyse the work efficiency of a particular individual . Also part time permanent subordinates are
focused & serious towards their job which leads to identification of their inner capabilities and
skills. These employees focus on both personal & professional career which depicts their multi-
tasking abilities (Faherty, 2017).
Disadvantage for personnel