What type of contract signifies that an employee's salary is based on the tasks they complete rather than hours worked?

The type of contract that signifies an employee's salary is based on the tasks they complete rather than hours worked is the exempt workers contract. This contract typically applies to employees in positions that fulfill specific professional duties. Under such agreements, compensation is often determined by the completion of specific job responsibilities or project outcomes, rather than by the number of hours worked.

This allows for greater flexibility both for the employee, who may have more control over their schedule and workload, and for the employer, who can incentivize productivity based on results. Employees under these contracts are generally not entitled to overtime pay and are expected to meet defined objectives within the scope of their work, aligning their remuneration with overall performance and contributions to the organization.

Other contract types, such as part-time workers contracts, would generally involve hourly wages and specific work schedules, while freelance contracts also revolve around task completion but often pertain to independent work agreements rather than an employment relationship. Internship contracts often focus more on learning and gaining experience rather than tying pay to completed tasks, making them less aligned with the context provided in the question.