An employee who works for a company under contract is named a contractual employee. Contract Labours are employees that work for the company, but are hired, managed, and paid by a 3rd party. A contractual employee is hired at a specific rate of pay. Such employees aren’t added to the salary register and are not considered full-time employees. Contract labours don’t have any direct relationship with the company; they are generally hired for temporary tasks for a specific duration. They work from the premises of the corporate but aren’t employees of the company.
Also, See: Labor Union
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