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 on fixed-term contracts typically have similar rights to permanent employees, including pay and benefits, but their job security is limited to the duration of the contract. At the end of the contract, the employer may choose to renew it, offer a permanent position, or terminate the employment. Fixed-term contracts are common in various industries, including education, construction, and hospitality, where short-term staffing needs arise.