What Is a Permanent Contract?

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A permanent contract is a contract without an ending date. An employee and an employer may enter a binding contract where both parties agree to do business with each other for an indefinite amount of time.

A permanent employment contract must include the name of the employee, the hiring company, the employee job description and the date of employment. The employee pay rate and any expectations of a raise is also included. Employers must also list the number of hours the employee is to work and any guidelines regarding holiday pay. Other details should include sick pay guidelines, disciplinary and grievance protocol and details of available pension plans.