Browse Definitions :
Definition

zero-hours contract

Contributor(s): Ivy Wigmore

A zero-hours contract is an agreement stating that a given employer is not obligated to provide a worker with any minimum number of hours. Zero-hours contracts are sometimes called casual contracts.  

Such a contract may also stipulate that the worker is not required to accept any employment hours that are offered. However, because the employer is under no obligation to offer work, those who turn down shifts may get fewer opportunities in the future as the employers turn to those who accept the hours they’re offered more reliably.  

For employers, zero-hours contracts mean saving money: The business is not obligated to provide many benefits that it offers full-time employees and it can increase or decrease the size of their workforce quickly to meet demand.  

For the worker, zero-hours contracts can offer greater flexibility and, ideally, life-work balance. At least in theory, they need only accept work that they want and can, at least to some extent, arrange their time as they wish. However, about 30 percent of those on zero-hour contracts report that they aren’t getting enough work to meet their needs. As a result, many have contracts with multiple employers simultaneously.  

Zero-hours contracts are increasingly common in the ongoing trend of what’s being called the gig economy. An Intuit study of the trend predicted that by 2020, 40 percent of the American workforce will be independent contractors.  

This was last updated in July 2018

Continue Reading About zero-hours contract

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

  • compliance as a service (CaaS)

    Compliance as a Service (CaaS) is a cloud service service level agreement (SLA) that specified how a managed service provider (...

  • data protection impact assessment (DPIA)

    A data protection impact assessment (DPIA) is a process designed to help organizations determine how data processing systems, ...

SearchSecurity

  • spyware

    Spyware is a type of malicious software -- or malware -- that is installed on a computing device without the end user's knowledge.

  • application whitelisting

    Application whitelisting is the practice of specifying an index of approved software applications or executable files that are ...

  • botnet

    A botnet is a collection of internet-connected devices, which may include PCs, servers, mobile devices and internet of things ...

SearchHealthIT

SearchDisasterRecovery

  • business continuity plan (BCP)

    A business continuity plan (BCP) is a document that consists of the critical information an organization needs to continue ...

  • disaster recovery team

    A disaster recovery team is a group of individuals focused on planning, implementing, maintaining, auditing and testing an ...

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

SearchStorage

  • DRAM (dynamic random access memory)

    Dynamic random access memory (DRAM) is a type of semiconductor memory that is typically used for the data or program code needed ...

  • RAID 10 (RAID 1+0)

    RAID 10, also known as RAID 1+0, is a RAID configuration that combines disk mirroring and disk striping to protect data.

  • PCIe SSD (PCIe solid-state drive)

    A PCIe SSD (PCIe solid-state drive) is a high-speed expansion card that attaches a computer to its peripherals.

Close