Employment contracts Essay

An employment exact is do between an employer and employee where the employer agrees to offer a salary in return for the employee performing duties. The purpose of a contract of employment is to draw up rules and regulations concerning the rights, obligations and conditions between an employer and employee. It generally states the relationship between the two parties. Any go of contract by any side is not acceptable by law. Contractual entitlements often embarrass Amount of pay and when it is paid Type of employment whether it is temporary or fixed. Hours of work Notice breaker point Disciplinary rules Pension benefitsTYPES OF EMPLOYMENT CONTRACTSHere ar the four most common types of employment show in the Maldives. Permanent employment is commonly found in the public sector where profit and personnel casualty are not very significant. And this type of employment usually provides job guarantee throughout the employees working(a) life Temporary employment helps businesses to manage costs more effectively as employees are pass judgment to leave the organization after a certain period of time Zero-hour contracts are more ductile as an employer pays only for the hours that restrain actually been worked and does not specify a specific amount of hours In a self-employed contract a person is asked to a job but on the priming coat that they are doing it as if they are running their own business. They have to sort out their own matter Insurance, tax, sick pay and holiday pay.MANAGING EMPLOYEE PERFORMANCEManaging employee doing is important to make sure that set targets are consistently being met in an effective and efficient way.Appraisal systems in an organization are knowing to motivate and encourageemployees to perform to the best of their ability. Targets are set by the employer which ordain later be evaluated at the review meeting. Then the targets will be measured against what has been achieved by the employee and a decision will be made on how we ll the employee has performed.Sometimes, self-appraisal systems are also implemented where the employees analyze their own performance by setting themselves personal targets to achieve. Self-appraisal helps employees to manage and increase their own performance making them more motivate in the workplace.The second technique used to manage employee performance is linking rewards to performance. Employers can offer either monetary or non-monetary rewards to encourage employees to work harder. Carefully monitoring employee performance is important to ensure that desired results have been achieved. Giving a reward for performance is only effective if the right outcomes are achieved.