{"id":2223,"date":"2017-11-29T22:34:32","date_gmt":"2017-11-29T22:34:32","guid":{"rendered":"https:\/\/horner-au.ap.applyflow.com\/uncategorized\/quick-guide-fixed-term-contracts\/"},"modified":"2024-11-12T02:19:38","modified_gmt":"2024-11-12T02:19:38","slug":"quick-guide-fixed-term-contracts","status":"publish","type":"post","link":"https:\/\/www.horner.com.au\/quick-guide-fixed-term-contracts\/","title":{"rendered":"Quick Guide: Fixed Term Contracts"},"content":{"rendered":"<h3>The Pro\u2019s and Cons in a Candidate Short Market<\/h3>\n<p>Managing staffing levels can be one of the most difficult elements of growing a business, all of which can be exasperated in a candidate short market. You will want to stay lean in terms of staff numbers to be able to reinvest in the business\u2019 growth but remember, this can leave you short-staffed during busy periods or when staff are absent.<\/p>\n<p>What can you do when that dream candidate comes along?\u00a0 That person who is not usually available in the market and you know you can\u2019t really afford them?<\/p>\n<p>One way of managing staff levels in busy periods of the year is the use of fixed term employment contracts.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-1662\" src=\"https:\/\/cdn-01.cms-ap-v2i.applyflow.com\/horner-au\/wp-content\/uploads\/2024\/11\/Happy-Lady-600x439-1.jpeg\" alt=\"\" width=\"600\" height=\"439\" \/><\/p>\n<p>Below is a helpful list of the pros and cons of employing staff on fixed term contracts compared to taking on permanent staff.<\/p>\n<h6>Pros<\/h6>\n<ul>\n<li>Ideal for fulfilling a specific task where the demand for resource is predictable or for a specified period. For example, fixed term contracts are often used for seasonal workers or when employing staff who are working on a particular project to be completed by a specific date.<\/li>\n<li>Allows for accurate budgeting<\/li>\n<li>Can be used as a trial\/probationary period<\/li>\n<li>Can be used to fill a specific \u2018gap\u2019 in your staff \u2013 such as if a member of staff is to be unable to perform their role for a specified period. A good example of this is a member of staff going on maternity leave or secondment. Many employers prefer to employ cover staff on a fixed term during such periods rather than lack of reliability of using casual staff or long-term obligations of taking on a new permanent member of staff.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-1669\" src=\"https:\/\/cdn-01.cms-ap-v2i.applyflow.com\/horner-au\/wp-content\/uploads\/2024\/11\/57A5611-600x400-1.jpg\" alt=\"\" width=\"600\" height=\"400\" \/><\/p>\n<h6>Cons<\/h6>\n<ul>\n<li>Can be hard to monitor and manage. Where fixed-term contracts are utilised, keeping an eye on dates is vital. Quite often, the expiry date of the contract is missed, and the employment of fixed-term workers then rolls over. This situation can result in conflicts arising between the terms of the fixed-term contract, and those afforded to any other employee under a normal contract of employment.<\/li>\n<li>Could put off applicants. In today\u2019s difficult\/candidate short job market putting a fixed term on the length of employment could put potential candidates off applying.<\/li>\n<li>Once employed on a fixed-term contract, any employees that don\u2019t work out for any reason can be very problematic. Should there be a need to terminate the employment for any reason, the employer could be legally bound to paying them for the remainder of the contract term.<\/li>\n<li>The notice period and provisions drafted into the contract therefore need to be completed with specific care so employers do not find themselves left liable to an expensive payout situation.<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"size-medium wp-image-1657\" src=\"https:\/\/cdn-01.cms-ap-v2i.applyflow.com\/horner-au\/wp-content\/uploads\/2024\/11\/contract-600x338-1.jpeg\" alt=\"\" width=\"600\" height=\"338\" \/><\/p>\n<p>As outlined above, using fixed-term contracts in your business can be very useful if they are applied with care. For more information or advice on fixed-term contracts, or any aspect of employing staff, please <a href=\"https:\/\/www.horner.com.au\/contact\/\">contact us<\/a> at Horner Recruitment.<\/p>\n<p>The team is always here to help!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pro\u2019s and Cons in a Candidate Short Market Managing staffing levels can be one of the most difficult elements of growing a business, all of which can be exasperated in a candidate short market. You will want to stay lean in terms of staff numbers to be able to reinvest in the business\u2019 growth&hellip;<\/p>\n","protected":false},"author":4,"featured_media":2228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-2223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/posts\/2223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/comments?post=2223"}],"version-history":[{"count":0,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/posts\/2223\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/media\/2228"}],"wp:attachment":[{"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/media?parent=2223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/categories?post=2223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.horner.com.au\/af-api\/wp\/v2\/tags?post=2223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}