# What is a Fixed-Term Contract?

A fixed-term contract hires someone for a set period. SMEs use them for projects, maternity cover, or seasonal peaks. Clear terms avoid disputes and ensure compliance with labour laws.

Source: https://faqtic.co/glossary/fixed-term-contract

## Why it Matters for SMEs

- Provides flexibility
- Manages peaks
- Reduces risk

## Example in Practice

HR tracks fixed-term end dates in Factorial with alerts.

## Frequently Asked Questions

### Can fixed-term staff become permanent?

Yes, if extended or converted.

### Are rights the same?

Often similar to permanent staff.

### Track end dates?

Yes, with alerts and fields.

---
Canonical HTML: https://faqtic.co/glossary/fixed-term-contract