Business Studies, asked by ap3758801, 1 month ago

what do you meant by employment explain its features​

Answers

Answered by s9658515
2

Answer:

Here is your answer

Explanation:

It is an occupation where a person called employee is to work for another called employer. There are certain terms and conditions of work like hours of work, duration of work, leave facility, salary/wages, place of work etc.

Answered by Mazerine
80

\textsf{Employment is an economic activity in which people work under others and get renumeration from management }

\textbf{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.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.

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