Surprisingly, there are many
people in the UK who have no real idea how the "contract" which
governs their employment actually works. Here's an example:-
"OK Mr. Smith - now that your
interview's over - I'm pleased to tell you that you've got the job
with Able Scientific as our Senior Technical Officer. Your starting
salary is £30,000 a year - and you'll get 5 weeks paid holiday and
participate in the annual Bonus scheme. There's also our company
Pension Scheme which is explained in the booklet - and of course
there's the usual Sick Pay and Health Insurance benefits. Now when
can you start?"
"Oh...and before I forget.... we can of course change the Terms of
your Employment anytime we want - by giving you notice - and we can
change your Pension Benefits whenever we want to as well - but that
depends on how we feel about the prevailing investment climate - or
on future Government Legislation - or on numerous other factors. But
I'm sure that'll be alright won't it...?"
The first bit probably sounds
familiar, but we're pretty sure you've never heard anything like the
last bit....! Still want the job? Maybe - but perhaps after a few more
questions?
This section on "Work
Contracts" is not meant to be a comprehensive analysis of every type
of employment contract - otherwise it would run to several hundred
pages and be as "boring" as the type of sites you need to avoid.
Instead what you will find here are some "key" points to watch for
when you sign-up for employment - or self-employment as the case may
be - along with some benefits and drawbacks to each type of
employment. Just click on a heading to find out more - and learn how
an enlightened employer can
help you to achieve your own
MoneyTargets.
Types of Contract
- Employee Contracts
- Project Working
- Self-Employment
- Part-Time & Fixed-Term Work
- Home Working
|
- Agency Working
- Employment Agencies
- Rolling Contracts
- Foreign Employment
- Tax & Social Security
|
►Back
to MT Home |