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Types Of Employment Contracts
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A defined lump sum plan expresses employees' pension benefits as a lump sum amount, which makes it easy for them to understand and appreciate the benefits. In many cases, the plans also allow employees to accrue larger benefits at younger ages than they would under a traditional pension plan. And, increasingly, defined lump sum plans provide "port ....
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....tors, but it provides the contractor only a minimum incentive to control costs.
Design and build contract, also known as "package deal" and 'turnkey" contracts
Turnkey drilling services offer a viable method for operators to better man age drilling risks and reduce costs. In the future, they may be able to utilize drilling management contractor s.... |
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