Communiquez avec les autres et partagez vos connaissances professionnelles

Inscrivez-vous ou connectez-vous pour rejoindre votre communauté professionnelle.

Suivre

What are the advantages/disadvantages of signing a long term work contract (5 years ) : For employer. For employee.

user-image
Question ajoutée par Utilisateur supprimé
Date de publication: 2014/10/02
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Advantages:

Both are protected: Employer for migration  threats Employee for: a consistent job.

Both of them can plan: Employer for appropriate filling of the job position Employee for a  better position.

Other areas: I would like to support the answers given by our colleagues.

 

Saiful Islam Hiron
par Saiful Islam Hiron , Site HR Manager , Handicap International

Advantages:

1. Cost effective.

2. Time saving

3. Quality of work.

Disadvantages:

1. Reluctant.

2. Lack of commitment.

Divyesh Patel
par Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

Advantages

  1. Long term certainty

  2. A secure salary

  3. Permanence

Disadvantages

  1. Entrapment

  2. Career progression

  3. Working environment

 

Ahmed Mohamed Ayesh Sarkhi
par Ahmed Mohamed Ayesh Sarkhi , Shared Services Supervisor , Saudi Musheera Co. Ltd.

adv.

save emp for long time in co.

save the chart for emp

    A secure salary

.

dis adv.

my be co. or emp. don't like to contuine with co.

 

amer jayyousi
par amer jayyousi , Business Development Consultant , freelance

I BELIEVE FOR THE EMPLOYER SIDE IT IS GETTING THE LONG TERM COMMITMENT FROM AN EMPLOYEE AND THE COST SAVING ASSOCIATED WITH RECRUITING OF A NEW EMPLOYEE  EVERY YEAR OR TWO IN ADDITION TO SAVING ON TRAINING OF THIS NEW EMPLOYEE.DISADVANTAGES  ARE LOW PERFORMANCE EXPECTATIONS FOR SUCH CANDIDATES.

FROM THE SIDE OF THE EMPLOYEE IT IS JOB SECURITY,CONSTANT PAY CHECK,EXPERIENCE.DISADVANTAGE WILL BE THE FEELING OF BEING TRAPPED.

hossam azzam
par hossam azzam , Fast food restaurant,s manager. , alexandria-egypt

Thanks for the invitation

in my point of view i think it depends

on the contract points itself

and i do agree with both answers given by

Mr.:Saiful Islam Hiron & Mr.:Divyesh Patel

as well too for sure......

IBRAHIM MOHAMMED - CMA
par IBRAHIM MOHAMMED - CMA , Senior Accountant , Ajal Finance & Investment K.S.C.C

EMPLOYEE

Advantages : Secured Job, Ability to grow with efforts and dedication, entitlement of benefits as service is longer, better experience.

Disadvantages : Termination of Contract during tenure, To abide contract for5 years during downturn / booming period.

 

EMPLOYER

Advantage : competent employee for long period, cost effective, eliminate training & hiring cost for5 yrs., 

Disadvantage : None.

Subhranshu Ganguly
par Subhranshu Ganguly , Quality Analyst. , WIPRO

I would love to sign such a contract. Normally when u joinn a co u become a permanent emploee from6 months to1 year. Do u know any one who can offer such a contract.

Ibrahim Hussein Mayaleh
par Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

Advantages for employers:

- It helps them define how far can they go with investing in developing the employee

- It helps the company with long term planning

- Save training time

- Have well skilled personnel

 

Disadvantages for Employer:

- If the employee seem not to have the desired qualities, they get stocked to him.

 

Advantages fro employee:

- Gives more certainty in a job

- Better chances to develop himself and get more experience

 

Disadvantages for employee:

- It will be difficult to look for better job somewhere else.

 

Mahmoud ALy
par Mahmoud ALy , FIELD SERVICE ENGINEER , TENARIS GLOBAL SERVICES

It depends on the T&C's of this contract for two parties

however, I see disadvantages is greater than advantages it must not be more than1 year renewable contract 

More Questions Like This