Permanent Employment
Permanent employees, regular employees or the directly employed work for a single employer and are paid directly by that employer. In addition to their wages, they often receive benefits like subsidized health care, paid vacations, holidays, sick time, or contributions to a retirement plan. Permanent employees are often eligible to switch job positions within their companies. Even when employment is "at will", permanent employees of large companies are generally protected from abrupt job termination by severance policies, like advance notice in case of layoffs, or formal discipline procedures. They may be eligible to join a union, and may enjoy both social and financial benefits of their employment.
Rarely permanent employment means employment of an individual that is guaranteed throughout the employee's working life. In the private sector, such jobs are rare; permanent employment is far more common in the public sector, where profit and loss is not as important.
Read more about Permanent Employment: Examples of Permanent Employment, See Also
Famous quotes containing the words permanent and/or employment:
“Cynicism makes things worse than they are in that it makes permanent the current condition, leaving us with no hope of transcending it. Idealism refuses to confront reality as it is but overlays it with sentimentality. What cynicism and idealism share in common is an acceptance of reality as it is but with a bad conscience.”
—Richard Stivers, U.S. sociologist, educator. The Culture of Cynicism: American Morality in Decline, ch. 1, Blackwell (1994)
“What most clearly characterizes true freedom and its true employment is its misemployment.”
—G.C. (Georg Christoph)