Employment

Employment is a contract between two parties, one being the employer and the other being the employee. In a commercial setting, the employer conceives of a productive activity, generally with the intention of creating profits, and the employee contributes labour to the enterprise, usually in return for payment of wages.

Employee

An employee is any person hired by an employer – typically, a worker hired to do a specific "job". Typical examples include accountants, solicitors, lawyers, photographers, among many other worker categorizations.

Related Topics:
Worker - Job - Accountant - Solicitor - Lawyer - Photographer

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There are differing classes of employee. Some are permanent and receive a guaranteed salary, while others are hired on short term contracts or as consultants.

Related Topics:
Salary - Consultant

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The employee contributes labour and expertise to an endeavour. Employees perform the discrete activity of economic production. Of the three factors of production, employees usually provide the labor.

Related Topics:
Factors of production - Labor

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Some companies feel that a happier work force is a better one and thus offer extra benefits to improve team spirit and performance. However, other employers try to increase profits by giving low wages and few benefits. To resist this, employees can organize into labor unions (American English), or trade unions (British English), who represent most of the available work force and must therefore be listened to by the management. This is the source of considerable bad feeling between the two sides, and sometimes even violence.

Related Topics:
Labor union - American English - Trade union - British English - Violence

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