A job for life is no longer a reality. Many people are now employed on short-term contracts. What are the advantages and disadvantages of this kind of employment for employees?

Majority of the people nowadays are hired on short-term
contracts
and
long lasting
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long-lasting
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jobs do not exist any more. Project-based hiring has its own merits and demerits. The
advantages
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advantage
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of short-term
contracts
is
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are
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that the employee gets to work with several clients
over
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on
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various kinds of projects in a short period of time increasing his/her exposure and skill-set,
however
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,however
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the
down side
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downside
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to
this
trend is that they need to be
continuousely
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continuously
in search of new jobs.
A
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An
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increasing trend has been noticed where employers hire only based on projects these days, because of which the employees get to change multiple roles and expose themselves to a spectrum of projects in a short duration. With
such
challenging
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a challenging
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atmosphere, it makes an individual more competitive and
continuousely
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continuously
up-skill to be able to keep up
to
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with
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the employers and project demands.
Therefore
, from a self-development perspective
such
contracts
can seem to be highly advantageous.
However
, one of the major downsides of
such
small-term commitments is that the employees need to be constantly in search of a new job upon their completion of the current project, which
inturn
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in turn
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leads to
development
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the development
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of mental stress in many.
In addition
, if the professionals are the only source of income for their family
then
such
contracts
might be a huge risk if they go unemployed for long periods. In conclusion,
such
contracts
have their own pros and cons, but the risk they impose on
individuals
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individuals'
individual's
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personal life, cause the disadvantages to outweigh the advantages of short-term
contracts
.
Submitted by shuaibshariff321 on

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