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:
“It takes place ... always without permanent form, though ancient and familiar as the sun and moon, and as sure to come again.”
—Henry David Thoreau (18171862)
“We may seem great in an employment below our worth, but we very often look little in one that is too big for us.”
—François, Duc De La Rochefoucauld (16131680)