Luxury Lexicon A definition

Fixed-term contract

A fixed-term contract is an employment agreement with an agreed end point.

The end point may be a date or the completion of a particular piece of work. Cover for a colleague who is away gives another reason to specify when the appointment ends. Read the term alongside the weekly hours. A twelve-month appointment could be full-time or part-time. A probation period describes an initial period of employment during which an employer assesses a new hire. The fixed term sets the expected duration of the job itself.

In job listings

Jaeger-LeCoultre advertised a London client advisor role to cover a colleague’s absence. The stated term was six months, with an earlier finish if the colleague returned sooner. The house also said an extension or move to permanent employment was not guaranteed. Search local jobs for “client advisor”.

References

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