Employee

What is Employee?

An employee is an individual who is employed by another individual or company to undertake specific tasks in exchange for compensation. Usually, employers or the company hiring the employee would package the work into a profile known as ‘job profile’.

 

When an employer hires an employee for a specific job, they get into an employment contract. The wages and other benefits of the employee would be enumerated in the contract as well as the nature of the daily duties. It would also contain the rules and regulations that the employee has to follow while remaining employed in the company.

 

An employment contract also has termination-related rules and it differs from one company to the other. Similarly, the working hours would also be defined by the employment contract along with all the other aspects of employee management.

More HR Terms

Human Relations Movement

What is Human Relations Movement ? The ‘Human Relations Movement’ refers to the movement by sociologist George Elton Mayo, who suggested in the 1930s that

Knowledge-based Pay

What is Knowledge-based Pay ?    ‘Knowledge-based Pay’ refers to a system of compensating an employee based on their knowledge and skills along with the

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