Economy, asked by samjijo7, 2 months ago

explain important features of employment in Indian​

Answers

Answered by vaishnavibarad8
1

Explanation:

Features of Employment

(a) Work for another

It is an occupation where a person called employee is to work for another called employer.

(b)Terms and conditions

There are certain terms and conditions of work like hours of work, duration of work, leave facility, salary/wages, place of work etc.

(c) Periodical remuneration

The employees get salary normally on a monthly basis or wage normally on daily/weekly basis for their services.

(d)Contract of employment

Legally the employer-employee relationship is based on a contract and any deviation from any side permits the other party to take legal recourse.

(e)Skilled/Unskilled/semi-skilled

There are jobs for which no technical education is required for employment. But, for skilled jobs, a certain level of basic/technical education is required.

(f)Economic motive

The main purpose behind employment is to secure assured income through wages and salaries.

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Answered by Anonymous
1

Basic components of the Employment

Covenant clauses. In India usually the appointment letter signed by the employer and the employee acts as the general contract agreement. ...

Confidentiality Clause. ...

Non-solicitation Clause. ...

Non-compete Clause. ...

Training Bonds. ...

Probation Period. ...

Salary and payment terms. ...

Leaves.

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