Employee

What is Employee?

  
An ‘Employee’ is the term that defines an individual who is employed under another individual or company and works for predetermined wages or salary. 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 the employment.

More HR Terms

Loyalty Programs

What are Loyalty Programs?   ‘Loyalty Programs’ refers to the additional incentives that a company provides its employee for staying with the company and being

Knowledge Management

What is Knowledge Management?   ‘Knowledge Management’ refers to the techniques used by various departments in an organization to collect, utilize and share information. It

Extrinsic Motivation

What is Extrinsic Motivation?   ‘Extrinsic Motivation’ refers to the motivation provided by extrinsic factors which exist outside the scope of normal factors such as

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