When it comes to employment, one term you are likely to hear is “contract basis”. So, what does contract basis mean in Marathi?
In simple terms, contract basis refers to an employment agreement where the employer and employee agree on specific terms and conditions before commencing work. These terms and conditions are documented in a contract, which acts as a legal agreement between the two parties.
In Marathi, contract basis is referred to as ठेवणीच्या आधारे काम करणे. The term ठेवणी means “to put” or “to place”, while आधारे means “on the basis of” and काम करणे means “to work”.
Contract basis employment is common in various industries such as IT, manufacturing, and construction, among others. In most cases, companies opt for contract basis employment when they require short-term or temporary staff, or when they are unsure about the longevity of a project.
For employees, contract basis employment offers several advantages. For instance, it allows for flexibility, as they can take up various projects with different companies. It also provides an opportunity to gain experience and develop skills in different industries. Additionally, contract employees are often paid higher rates compared to their permanent counterparts.
On the other hand, contract basis employment also has some downsides. One of the main drawbacks is the lack of job security. Since the employment is based on a contract, there is no guarantee of a consistent salary or continuous work. Moreover, contract employees do not receive any benefits such as health insurance, paid vacation, or sick leave.
In conclusion, contract basis employment is a common arrangement in various industries in Marathi. While it offers flexibility and higher pay rates, it also comes with the uncertainty of job security and lack of benefits. If you are considering contract basis employment, it is essential to read and understand the terms of the contract before signing it.