When starting a new job, you may be wondering how long you will have to commit to the position. The answer to this question largely depends on the type of contract of employment that you will be signing. In this article, we’ll explore the various types of employment contracts and provide some insight on how long you may be expected to stay in your new job.
Fixed-Term Contract
A fixed-term contract is an employment agreement that is set to a specific length of time. This type of contract is often used for temporary or seasonal positions, or for projects that have a defined start and end date. The length of the contract can vary, but is usually between six months and a year. It`s important to note that if you leave a fixed-term contract before it expires, you may be in breach of the agreement and could face financial penalties.
Indefinite Contract
An indefinite contract is an open-ended employment agreement that does not have a set end date. This type of contract typically requires a notice period to be given should either the employer or employee wish to terminate the agreement. The length of the notice period can vary depending on the length of service, but is typically one month for the first year of employment, and one week per year thereafter.
Probationary Period
A probationary period is a trial period that is usually included in a new employee`s contract. During this period, the employer is able to assess the employee`s suitability for the job, and the employee has the opportunity to evaluate their new role. The length of the probationary period can vary, but is typically between one and six months. If the employer decides that the employee is not suitable for the job during this period, they may terminate the agreement without notice.
Conclusion
In conclusion, the length of time that you will be expected to commit to a new job largely depends on the type of employment contract that you will be signing. If you are signing a fixed-term contract, you will be expected to stay for the duration of the agreement, whereas an indefinite contract will require some form of notice period should you wish to leave. It`s important to carefully read and understand your employment agreement before signing, and to seek advice from a legal professional if necessary.