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Oh to be sure, Johnny, there are all different types of contracts here, too. But, by and large, many jobs are at "at will" contract.
Actually in my job (law), the "contract" attorneys with a year-to-year promise are in a *worse* position in the long run. My "associate" position may be "at will" but it also indicates they want me to become partner at some point, were I'd own a stake in the business. So, the "at will" "associate" is someone who is in it for the partnership, for the team, in really in a team don't you want it such that you either all want to be together or you part ways? The contract attorney, on the other hand, is not on any partnership track, and that is explicitly understodod.
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