The state of performing incomplete or poor quality work for pay. For example, suppose a video editor is hired to produce five 10-minute videos. If the client receives four two-minute videos, the video editor may be non-compliant with regard to the contract. Non-compliance may be actionable.
Definition. An employee who works under contract for an employer. A contract employee is hired for a specific job at a specific rate of pay. A contract employee does not become a regular addition to the staff and is not considered a permanent employee.
Analysts must be familiar with city, state and national contract laws to verify that the company is in accordance with laws and to avoid legal complications down the road. A contract analyst may also be responsible for looking over contracts and finding ways to cut costs for the company. He may be asked to renegotiate pricing or terms with the other party. In some instances, the contracts analyst is asked to draft the entire document and then bring it to the companyâs management for review. Education and Experience No specific industry-wide standards exist for contract analysts, and requirements can vary widely by company.