Management and Organizational Studies 2275A/B Lecture Notes - Lecture 8: Independent Contractor, Fiduciary, Employment Contract

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 2275A/B
• Professor: Cristin Keller

Document Summary

Understand the basic elements of the employment relationship. Understand the ways in which the law affects recruitment practices. Understand the content of a typical employment contract. Understand the legal issues relating to the terms and conditions of employment. First: is this person an employee: could be indendant contractor or agent etc, )f you(cid:495)re an employee you get more perks. Various tests have been developed by the courts. Although if treated like an employee, they are an employee: it is important to distinguish between an employee and an independent contractor because it effects the legal obligations of different parties. An employee has rights under employment laws whereas an independent contractor does not; holiday pay, vacation pay, notice or pay in lieu of notice are provided under the employment statutes to employees but not to independent contractors In addition, there are tax implications for the employer in the employer/employee relationship.