ADMS 1000 Chapter Notes - Chapter 5: Independent Contractor, Unpaid Work, Invisible Hand
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ADMS 1000 Full Course Notes
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Employment is a form of work in which a person is dependent upon, and mostly, subservient, to an employer . Employment contract sets out specific rules, obligations and rights applicable to the employer and employee and is usually enforceable in a court of law (governs employment relationship) At core of employment relationship there is an exchange: employee sells labour in exchange for compensation (wages,) Employment is just one way work can be done, there are people who are self-employed and are independent contractors, they run their own business and are not employed . Unpaid workers such as interns and volunteers are not considered employed. Canadian government has enacted legislation to regulate employment. What distinguishes an employee from an independent contractor? ***does the person look like they are in the business for themselves or someone else. Degree of control: independent contractor can usually determine the hours they work.