Business Studies, asked by vasumeganathan, 10 months ago

who is employer and employee​

Answers

Answered by jayantikhurana18
1

Answer:

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Explanation:

An employee contributes labor and expertise to an endeavor of an employer or of a person conducting a business or undertaking (PCB)[2] and is usually

hired to perform specific duties which are packaged into a job. In a corporate context, an employee is a person who is hired to provide services to a company on a regular basis in exchange for compensation and who does not provide these services as part of an independent business.[3]

Employment is a relationship between two parties, usually based on a contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.[1] Employees work in return for payment, which may be in the form of an hourly wage, by piecework or an annual salary, depending on the type of work an employee does or which sector they are working in. Employees in some fields or sectors may receive gratuities, bonus payment or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits can include health insurance, housing, disability insurance or use of a gym. Employment is typically governed by employment laws, organisation or legal contracts.

Answered by Anonymous
10
♥ Employer :- A person or a company that employs other people .

♥ Employee :- A person who works for somebody or in any company .
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