What is a fixed term contract?

A fixed term contract is an employment agreement that lasts for a specific period of time, set by an end date or completion of a particular project. Unlike permanent contracts, fixed term contracts automatically end when the term is up, unless renewed by the employer. These contracts are commonly used for covering temporary staff shortages, project work, or seasonal roles. Employees on fixed term contracts generally have similar rights and benefits as permanent staff, but should be aware of their contract's specific terms and conditions.