Full Time
A full time contract is when someone is hired to work full hours and does not need to rely on different employers. This mainly applies to people working in office jobs and managerial roles. Full time employees are often paid a salary or hourly. Some full time employees can work flexibly, meaning they can choose when to work so long as they work the set time they are paid for.
Part Time
A part time contract is where the employee is required to share their working time with someone else. Usually part time contracts are flexible and employees can pick and choose their working hours but sometimes they do not. Sometimes people need to work part time when they have had an extended break such as maternity leave or gap years but this it not always the case.
Permanent
Permanent employment is when an employee works for and is paid directly by one employer. They are guaranteed their job unless they decide to leave or they are laid off. Permanent employees can often get benefits like paid holidays and are free to switch job positions within their company.
Fixed Term
A fixed term contract is where a set amount of time is given to complete a certain amount of work. This can apply to someone covering for someone on maternity leave or if a company wants to employ but only for a set period. Many American series require cast and crew to sign a six year fixed term contract.
Hourly Paid
An hourly paid contract is where the staff are paid hourly for their work. This often applies to people who let out their services like film companies for hire or companies who let equipment or props. Many people hired in film or series roles are paid hourly though not always.
Salaried
A salary is when an employee is paid a fixed sum of money per year, given monthly (often on the 25th of each month). Salaries sometimes come with benefits such as paid holidays, bonuses or perks such as the company car. Employers must also contribute to a pension fund.
Paid on Completion
Paid on completion is when a client pays for a specific thing once it has been done. This payment method is not reliable as a client could opt out at any point in the project without paying or could refuse payment if they change their mind. This usually applies to people working freelance or on commission, for example; photographers, artists or small film companies.
