A Study of Contract Employment as a Suitable Alternative to Permanent Employment

Contract employment is potential instrument to shorten unemployment duration and might increase or decrease the future earnings, Marloos(2005). An attempt is made to study the variables like absenteeism ratio, satisfaction level, preference of people,sense of achievement, happiness of life, chances of advancement or promotions,behavior of superiors, behavior of colleagues and subordinates of contract employees and of permanent employees. The estimation results of our treatment effects model actually indicate a positive connection between fixed term employment and job satisfaction.