Trade, industry and commerce part 5

khushal By khushal, 19th Oct 2014 | Follow this author | RSS Feed
Posted in Wikinut>Business>Accounting & Finance

Employment is related to a contract between a person and an enterprises. When a person give services to an enterprises under a contract of employment then he gets wages or salary bonus and other benefits in lieu of his service. The enterprises may be government semi government or private.

Trade, industry and commerce part 5 and Characteristics of employment

Trade, industry and commerce part 5
Employment is related to a contract between a person and an enterprises. When a person give services to an enterprises under a contract of employment then he gets wages or salary bonus and other benefits in lieu of his service. The enterprises may be government semi government or private.
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Characteristics of employment
The important characteristics of employment are as under
1 Capital investment is not necessary or not needed.
2 A person or enterprises who takes service form another person, is known as employer.
3 A person who gives services to another person or enterprises, is know as employee.
4 Employment includes performance of duties.
5 Employment is necessary that an employee has to follow the rules prescribed by the employer.

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author avatar khushal
i am working of business department and i am perfect in business

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author avatar tafmona
19th Oct 2014 (#)

o enjoyed reading this, keep sharing

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author avatar khushal
20th Oct 2014 (#)

thanks

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author avatar viewgreen
20th Oct 2014 (#)

Informative article... Thank you for sharing about the business issues.

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