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Q2, or the second quarter, refers to the accounting period of April, May and June. Any financial statements you receive from April 1 to June 30 are for Q2 of the fiscal quarter system.
For example, if the normal schedule for a quarter is defined as 411.25 hours ([35 hours per week × (52 weeks per year – 5 weeks' regulatory vacation)] / 4), then someone working 100 hours during that quarter represents 100/411.25 = 0.24 FTE. Two employees working in total 400 hours during that same quarterly period represent 0.97 FTE.
An employment contract should clearly define all terms and conditions of the employment relationship. The most common elements to any employment contract include the following: [citation needed] Terms of employment; Employee responsibilities; Employee compensation (i.e. wage/salary, benefits) Employment absence; Dispute resolution ...
A fixed-term contract is a contractual relationship between an employee and an employer that lasts for a specified period that is determined in advance. These contracts are usually regulated by countries' labor laws , to ensure that employers still fulfill basic labour rights regardless of a contract's form, particularly unjust dismissal .
Trailing twelve months (TTM) is a measurement of a company's financial performance (income and expenses) used in finance.It is measured by using the income statements from a company's reports (such as interim, quarterly or annual reports), to calculate the income for the twelve-month period immediately prior to the date of the report.
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