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Employment
Contract types, nature of person classifications and employment lifecycle terms.
Employment contract An employment contract is the agreement setting out an employee's pay, hours and terms of work, the source document payroll relies on for basic salary, allowances and leave entitlements.Fixed-term contract A fixed-term contract is an employment agreement that ends on a specified date or event, subject to rules that limit its repeated renewal and protect against disguised permanent employment.Independent contractor An independent contractor provides services under a contract for work rather than a contract of employment, falling outside PAYE withholding and most labour law protections unless deemed an employee.Nature of person Nature of person is the SARS classification of an employee's tax status, such as natural person, asylum seeker or personal service provider, that determines how PAYE and the IRP5 are processed.Termination of employment Termination of employment is the end of the employment relationship, which determines final pay, leave payout, and whether a severance payment or tax directive applies.
