MCS 3040 Study Guide - Independent Contractor, Vicarious Liability, Unemployment Benefits

• School: University of Guelph
• Department: Marketing and Consumer Studies
• Course: MCS 3040
• Professor: Joseph Radocchia

Document Summary

Employment law: both federal and provincial have employment law: Federal - regulate industries such as banking, airline, broadcasting, railway and shipping industries. Provincial - affect all other employees eg: newspaper company not federally regulate. Independent contractor: person in working relationship that doesn"t meet criteria of employment (eg: doctors, lawyers) Advantages: tax savings, flexibility, and independence in arranging a work schedule. Is it integral or adjunct more work integrated into company"s activities, more likely you are an employee. Employees have certain rights and benefits, such as paid holidays and paid overtime. Employers have certain obligations like the deduction of income taxes and employment insurance premiums. Assuming someone thinks they"re an independent contractor, but are not, can have bad outcome (smart to establish the employment relationship, before people begin to give their services) Business perspective hiring someone who is best suited for the job. Legal perspective hiring can reduce the risks associated with employment relationship.