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.
The Boss: All Learning Comes to Use Mon, 02 Nov 2009 20:16:03 -0000 For Ellen Zimiles, the chief executive of Daylight Forensic and Advisory, a background in speech pathology turned out to be useful when her son was born with autism. Preoccupations: Success Isn’t Only for the Extroverts By NANCY ANCOWITZ Sun, 01 Nov 2009 04:25:34 -0000 Learning that you are an introvert, and the strengths and challenges that come with it, can be a first step in achieving career success. Career Couch: Helping Teenagers Find Their Dreams By EILENE ZIMMERMAN Mon, 26 Oct 2009 15:55:17 -0000 If you’re anxious to guide your children to the ideal career choice, remember how often adults change professions before finding the right fit.
Companies and Executives
Monopoly Play Tue, 03 Nov 2009 00:01:00 -0000 With Monsanto and DuPont deadlocked in a dispute over cotton, seeds and herbicides, the Justice Department is investigating the industry's multibillion-dollar competitive-pricing practices. Does Rock Still Rock? Mon, 26 Oct 2009 00:01:00 -0000 As the Rock and Roll Hall of Fame and Museum turns 25 and throws itself a massive bash ($25,000 VIP tickets, anyone?), does rock still have it? Or is it time for rocking chair? Billionaire Bust Rocks Hedge Funds, Community Mon, 19 Oct 2009 09:24:00 -0000 The arrest of Raj Rajaratnam has had worldwide impact, even sending the stock market in his native Sri Lanka tumbling. The impact is felt as new details arise about the investigation that led to the arrest of the hedge fund whiz. Penny-Pincher Wed, 14 Oct 2009 00:01:00 -0000 With shoppers clipping coupons and thinking twice whether to spend their hard-earned money on steak or staples, grocery heavyweight Kroger is focusing on competitive prices and a novel idea: that the customer comes first. The Partner Police Tue, 13 Oct 2009 00:01:00 -0000 Whether you consider it to be "sales on steroids" or think of its execs as "cruise directors," business development has become a crucial position in corporate America. Hunting in Private Fri, 09 Oct 2009 00:01:00 -0000 Gander Mountain, the top retailer of outdoor-recreation goods, is on its way to becoming a private company. And that's just the way the company's media-shy chairman likes it.
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