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An employed individual, also known as PAYE (pay as you earn) refers to a person who pays their tax and national insurance as an automatic deduction from their salaries each month. There are different types of employed status which are listed below:
- Permanent employee
- Typically refers to someone who is employed by a company on a permanent basis and has no end date to their employment term.
- Full time
- Typically refers to anyone working an average 9am-5pm day and/or a 40 hour work
- Part time
- Typically refers to anyone working a select amount of days and hours within a working week. Anything below a 30 hour week, or 3 days per week is referred to as part time
- Temporary Employees
- Typically refers to someone covering another persons position for a set period of time, this could be commonly covering maternity leave, paternity leave, sick leave or agency work
- Typically refers to set dates within the calendar year, such as a summer or Christmas role
- Zero Hour Contract
- Someone who is employed by a company on an hourly rate basis but is not contracted to any minimum hours within a working week. You may work 10 hours one day, but not have any hours to work the next.