BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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employee
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employer
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sub-contractor
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independent contractor
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Detailed explanation-1: -Remuneration is the total compensation received by an employee. It includes not only base salary but any bonuses, commission payments, overtime pay, or other financial benefits that an employee receives from an employer.
Detailed explanation-2: -An employee is a worker hired by an employer to do a specific job. Employers control how employees are paid, when employees work, and how employees work.
Detailed explanation-3: -Who are the parties in an Employment Contract? The two parties in an Employment Contract are the employer and the employee.
Detailed explanation-4: -Employers and employees are the two main roles in a workplace. The main difference between employee and employer is that employee is a person who works for the company and earns an income, while the employer is the person who owns the company and provides work for employees.