HR Glossary

What is Permanent Contract?

An open-ended employment agreement with no predetermined end date, providing the employee with ongoing employment rights, benefits, and protections that continue until either party terminates the relationship through proper notice or justified dismissal.

Why it matters in hiring

Permanent Contract comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with P

• Performance Improvement Plan (PIP)
• Performance Management
• Performance Rating
• Performance Review
• Perquisites (Perks)
• Pet Insurance
• Phantom Stock
• PIPEDA - Personal Information Protection (Canada)

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.