ADMS 1000 Lecture Notes - Lecture 2: Collective Bargaining, Perfect Competition, Independent Contractor

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ADMS 1000 Full Course Notes
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ADMS 1000 Full Course Notes
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An employee" exists when: employment contract exists, exchange of labor for compensation, employer has control. Partners in a business earn revenue, not wage. Temporary workers workers for short periods of time. Not entitled to as many social protections. The neoclassical perspective assumes: labor markets are perfectly competitive, government and unions should not interfere in business, competitive markets and supply and demand will allow: Have adequate information to understand what is in their best interests. The critical perspective assumes: interests of workers and owners are in conflict, employment regulation is required, collective bargaining is required. Common law rules: requirement for employees to receive reasonable notice of the termination. Statutory minimum: notice intended to provide employees with a cushion - a period of time to plan for their job loss and to look for another job. Canadian charter of rights and freedoms: speech, press, assembly, association, and religious rights, democratic rights, mobility rights, legal rights, equality rights, language rights.

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