A Fixed-Term Contract is an employment agreement that lasts for a specific period, such as six months or one year. This type of contract clearly states the start and end dates, and it is often used for temporary positions, project work, or seasonal jobs. Employees under fixed-term contracts typically have the same rights as permanent employees during their employment. At the end of the contract, the employer may choose to renew it, offer a permanent position, or terminate the employment. Fixed-term contracts can provide flexibility for both employers and employees, allowing businesses to meet short-term needs while giving workers opportunities for temporary employment.