Employees who are paid to complete a task, such as build a house, are paid on a contract basis.
Several companies have now started to hire employees on a contract basis.
Despite the fact that these employees work in the company establishments and fulfill their job as any other employee, they are not entitled to certain benefits, which are exclusive to employees working on a regular salary basis.
These employees work on a contract basis or consultant basis and only receive a fixed wage as remuneration for their labor.
Moreover, they also do not get any other benefits and allowances such as House Rent Allowance, Leave Travel Allowance, Leave Encashment, Pension Income, etc.
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