Employment is a contract between two parties, one being the employer and the other being the employee. In a commercial setting, the employer conceives of a productive activity, generally with the intention of creating profits, and the employee contributes labour to the enterprise, usually in return for payment of wages.
Employment also exists in the public, non-profit and household sectors.
In the United States, the "standard" employment contract is considered to be at-will meaning that the employer and employee are both free to terminate the employment at any time and for any cause, or for no cause at all.
Preoccupations: Making Flex Time a Win-Win By SYLVIA ANN HEWLETT Sat, 12 Dec 2009 17:59:31 -0000 If there’s a silver lining to the recession, it’s that smart companies are turning flex time into a tool to attract, retain and engage high-performing talent of both sexes. Corner Office: Managing Globally, and Locally Sun, 13 Dec 2009 09:01:37 -0000 Thoughts on management from Nancy McKinstry, C.E.O. of Wolters Kluwer, a Dutch publishing and information company. The Boss: A Woman Among Men Tue, 15 Dec 2009 05:08:38 -0000 Pearl Meyer, a senior managing director of Steven Hall & Partners, on her management practices and being a woman in the boardroom.
Companies and Executives
Franchises Squeezed Tue, 15 Dec 2009 00:01:00 -0000 Tight lending standards are slowing growth of franchises. 'I Sell Beer' Thu, 10 Dec 2009 00:01:00 -0000 Tom Cardella’s job is to live, breathe—and sell—beer. As one of MillerCoors’ division presidents, Cardella is navigating the difficult task of making a collaboration of the nation’s top two malt beverage producers work, despite a recession. Dialing In Fri, 04 Dec 2009 00:01:00 -0000 Xtera Communications shouldn't have weathered the economic downturn, let alone be prepping for an IPO. But the small telecom firm keeps finding financing and is getting ready to go public in the search for $100 million. Over the Edge Tue, 01 Dec 2009 00:01:00 -0000 MGM Mirage head honcho Bobby Baldwin is overseeing the largest private construction project in U.S. history, right in the middle of recession-wracked Las Vegas. Who does this guy think he is? Passing the Torch Wed, 25 Nov 2009 00:01:00 -0000 The death of a business owner could mean the end of the company without a sound strategy, experts say. Golden Opportunity Fri, 20 Nov 2009 00:01:00 -0000 Proving that experience is valuable, a collaboration of 6,000 retired scientists and engineers help Procter & Gamble and other companies solve business problems.
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