Permanent Employment refers to an employment without a specific end date, and generally with additional benefits and protection from abrupt termination.
Characteristics | |
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Arguments in favor of | Arguments opposing |
There is not time limit for the employment. | |
Permanent employment can provide a level of comfort and peace of mind to the employees. | Permanent employment increases the difficulty of employment termination in adverse scenarios. |
There is generally additional benefits and no abrupt termination. | |
Permanent employment supports investment in employees to upgrade their skills. | Permanent employment may prove costly especially if the investment on employees does not pay off. |