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Industrial relations examines various employment situations, not just ones with a unionized workforce. However, according to Bruce E. Kaufman, "To a large degree, most scholars regard trade unionism, collective bargaining and labour–management relations, and the national labour policy and labour law within which they are embedded, as the core subjects of the field."
[1] [8] Scholars and critics who use the term "precarious work" contrast it with the "standard employment relationship", which is the term they use to describe full-time, continuous employment where the employee works on their employer's premises or under the employer's supervision, under an employment contract of indefinite duration, with ...
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract , one party, the employer, which might be a corporation , a not-for-profit organization , a co-operative , or any other entity, pays the other, the employee, in return for carrying out assigned work. [ 1 ]
Given the conditions, [23] if the worker is in the agent-principal relationship, he is the employee of the company, and if the employee's invention is in the scope of employment i.e. if the employee creates a new product or process to increase the productivity and create organizations' wealth by utilizing the resources of the company, then the ...
A similar relationship type that often gets confused with workplace romance is work spouse, but this is an intimate friendship between coworkers rather than the actual marital relationship. [ 14 ] Romantic partnerships involve a strong emotional attachment and close connection between partners without sexual relations.
Occupational inequality greatly affects the socioeconomic status of an individual which is linked with their access to resources like finding a job, buying a house, etc. [4] If an individual experiences occupational inequality, it may be more difficult for them to find a job, advance in their job, get a loan or buy a house.
[1] More specifically in a North American and strictly modern context, labor relations is the study and practice of managing unionized employment situations. In academia, labor relations is frequently a sub-area within industrial relations , though scholars from many disciplines including economics, sociology, history, law, and political ...
Natural rate of unemployment (also known as full employment) – This is the summation of frictional and structural unemployment, that excludes cyclical contributions of unemployment (e.g. recessions) and seasonal unemployment. It is the lowest rate of unemployment that a stable economy can expect to achieve, given that some frictional and ...