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A new employment contract that shifts the risk and uncertainty of employment to each employee, who is responsible for ensuring that his or her skills and abilities stay current with available job requirements is called a:

a. Contingency contract.
b. Social contract.
c. Job security contract.
d. Psychological contract.
e. Advancement contract.

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Final answer:

A new employment contract that shifts the risk and uncertainty of employment to each employee is called a Contingency contract.

Step-by-step explanation:

A new employment contract that shifts the risk and uncertainty of employment to each employee, who is responsible for ensuring that his or her skills and abilities stay current with available job requirements is called a Contingency contract.

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