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What is the difference between a new contract and a revised contract?

New Contract: A new contract should be created for an employee when the contract is for a new time period. For example, a part-time Professor must have a new contract each semester.

For the process overview and a step-by-step guide to create a contract, please refer to the following article for: How to Create a Contract

Revised Contract: A revised contract should be created for an employee when a change needs to be made to their current contract. Changes may be made to one or multiple of the following: hours per week (this may result in a change in person type), hourly rate, or courses. For example, a part-time Professor has a current contract for 6 hours per week, but for the rest of the semester they will be teaching an additional course which is a total of 9 hours per week, so a revised contract needs to be created to change their person type to Partial Load and increase their hours to 9 hours per week.

For the process overview and a step-by-step guide to create a revised contract, please refer to the following article for: How to Create a Revised Contract