Product management - Concept
FTC
(Fixed-Term Contract)
An employment contract that is intended to end on a specified date or after a defined period
What's it for?
Lets an organisation employ someone for an agreed period without making the role permanent.
For example…
An employee joins a transformation programme on an 18-month fixed-term contract that is expected to end when the programme closes.
A company covers maternity leave with an FTC running from January to December