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.
How to Buy Out a Work Contract. A buyout should be documented and signed. NA/AbleStock.com/Getty Images. A work contract, more commonly referred to as an employment contract or agreement, is documentation composed by an employer to secure the terms of the employeeâs work obligations.f a work contract requires a buyout, several conditions must be considered before offering the buyout to the employee. Step 1. Refer to the original terms of the employee agreement with the employee. Consider the employeeâs salary, length of service, performance metrics and confidentiality requirements.