Zero-Hour-Contract

Definition:

A Zero-Hours Contract is an employment contract in which the employer is not obliged to provide any minimum working hours, and the employee is not obliged to accept any work offered. This type of contract offers flexibility but can also be unpredictable for the employee.

Example:

You run a catering business that has fluctuating demand. You employ several waitstaff on zero-hours contracts, calling them in as needed for different events.