Benefits And Benefits Of Contract Employment Essay example

Benefits And Benefits Of Contract Employment Essay example

Length: 711 words (2 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

What are the comparative advantages and disadvantages of contract employment versus at-will employment for an employer and employee?
Contract employment is legally binding, mutually agreed upon contract between an employer and employee that documents the terms of the employment. Such terms should include the term (length) of contract, compensation and expectation of duties during the contract. Some advantages of contract employment for the employer, are savings of payroll taxes as contract employees are responsible for paying their own taxes to the IRS, training expenses as contract are hired with specialized skills and reserves of health benefits as they are generally not provided for contract employees. Some advantages of contract employment for the employee are higher wages as studies have shown that contract employees can earn upwards of 40% of conventional at-will employees (usually to cover taxes and health insurance), freedom of choice of employers and being able to work on their own terms.
Conversely, with at-will employment, there is no contract and employment can be terminated by either the employee or employer at any time throughout the course of the employment with no explanation or warning required. An advantage of at-will employment for the employer is the ability to terminate employees without legal ramifications. Some advantages of at-will employment for the employee is that they too have the freedom to terminate the employment and move on if better opportunities are presented, free training if needed, health insurance, vacation, and bonuses.
Is it appropriate for governments to interfere with private businesses to prevent discrimination? In what situations do you believe the government should intervene to...

... middle of paper ...

...o bargain collectively through representatives of their own choosing, and to engage in other concerted activities for the purpose of collective bargaining or other mutual aid or protection.” Included in those activities are strikes, as referred to in Section 13, “Nothing in this Act, except as specifically provided for herein, shall be construed so as either to interfere with or impede or diminish in any way the right to strike, or to affect the limitations or qualifications on that right.” A labor strike, or “refusal of employees to perform work that their employer has assigned” as the Free Dictionary defines it, is the refusal to work by the majority of an organization’s workforce. I believe that the government grants this right with appropriate limitations to both offer protection of the labor force and to prevent national emergencies as a result of a strike.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Comparative Benefits Of Contract Employment Essay

- Comparative Advantages of Contract Employment • Using contract employment allows you to hold on to your best employees, this done by adding terms to the contract that limit reasons employees may use when they want to leave your company. • Contracts allow employers to lock employees into specific lengths of employment. This helpful in sense that after spending so much time and money on training an employee, you obviously want to keep them. Including a clause in the contract that stipulates and give you enough time to train them....   [tags: Employment, Trade union, Employment contract, Law]

Better Essays
784 words (2.2 pages)

Benefits Of Hiring Contract Labor Workers At The Asian Country Essay

- Introduction Here we observe a flavors and food additives company, Amgis, had a sudden increase in production due to the transfer of production from other unit and it simultaneously increase in sales. Because of the strict labor laws and strong union power in the Asian country, the company was not interested to hire additional permanent employees for managing the short-term improvements in productivity. Overtime work duties assigned to its current employees was not possible due to severe penalties for overtime imposed by the government....   [tags: Employment, Minimum wage, Production line, Wage]

Better Essays
1402 words (4 pages)

Questions On Employment Law And Employment Essay

- EBookBinders Ltd, the following is my advice which is hopefully beneficial in answering your queries on employment law and gives you the guidance and support you need in bettering the position of your company. When looking at employment law and employment relationship, it is important to know the different types of employment statuses that an individual is likely to be such as an employee, a contractor/self-employed or worker. Under s.230(1) of the ERA 96 an ‘employee is an individual who has entered into or works under a contract of employment’....   [tags: Employment, Minimum wage, Law, Tribunal]

Better Essays
1475 words (4.2 pages)

Essay on Employment at Will: A Deeper Look into the Copious Benefits

- It is human nature to look out for one’s individual self-interests. This vested interest is what minimizes unjust treatment by other parties and ensures success. Leverage is priceless when presented with an unfair employment scenario. In the case of an employer and employee relationship, too much power on either side can quickly become detrimental. Balancing this power is no easy task and holds no single solution. In this essay, I will propose that the contract at will, or employment at will, is one viable solution that can legitimately benefit both the employer and the employee....   [tags: Human Resource Management ]

Better Essays
876 words (2.5 pages)

Minimum Hour Contract Must Be Banned Essay

- Considering the advantages and disadvantages of zero hour contract to both the employer and employees, zero hour contract must be banned. A Zero-hour contracts are flexible agreement between the employer and employees. In it, it does not include the number of hours that the employee will be doing. It is a way to making fast and easy money. The way it works is by the employer telling the employee when to come to work. Part of the zero-hour contract includes holiday pay, however, it does not include sick days....   [tags: Employment, Contract, Money, Supply and demand]

Better Essays
778 words (2.2 pages)

Essay about Contract Between Claudia And Jimmy

- Q1. ‘Consideration’ The issue here is whether there exists a sufficient consideration in the contract between Claudia and Jimmy. To be specific, whether other related duties in employment contract include serving customers is the key arguable issue. The performance of a pre-existing contractual duty is not a sufficient consideration, which cannot make a contract valid. Employment contract defines Jimmy’s duties are food preparation and other related duties. Except consideration, the rest of elements of the contract is satisfied....   [tags: Contract, Contract law, Sale of Goods Act 1979]

Better Essays
844 words (2.4 pages)

Why is the Psychological Contract Important to the Organization? Essays

- Human resource management plays an important role in the organisation. It not only helps the employer evaluate employee accurately but also contribute to the firm’s development. Hence, the appearance of psychological contract is one of the most effective tools to help the organisation improve their HRM issues. However, it also has some challenges for the manager to overcome. Therefore, the main aim of this essay is to analyse the importance of the psychological contract in many aspects and support more evidences and experiences to support employers’ view in managing people....   [tags: Psychological Contract Research Paper]

Better Essays
2061 words (5.9 pages)

Essay on Contract of Employment

- Contract of Employment A contract of employment is an agreement that is between the employer and the employee, by having the employer offer the employee work to do a particular job and agrees to work for the employer in return for wages. An employer would provide a contract to make sure the employee understands what is required of them, if so they should sign the contract. In doing this, the employee agrees only to do the jobs stated in the contract. ‘In Breach of Contract’ breaking your contract even though the employee has signed and agreed to the content within the contract....   [tags: Papers]

Better Essays
780 words (2.2 pages)

Essay on Employment at Will

- The employment at will doctrine is such that, an employer can terminate an employee, at any time and for any cause, or no cause at all. Employment at will employees do not have an agreement and surety of continued employment, which is an issue of employee rights. There are several employee's right issues at workplaces; among which, one of the biggest issue of employees is their uncertainty towards their length of work employment. This leads to a lack of job security and an unsafe, and an unfair working environment for the employee....   [tags: termination, security, business]

Better Essays
1170 words (3.3 pages)

Employment Categories: Classifying Workers Essay examples

- ... Their solvency, created through their ability to work efficiently. Independent contractors are free to use their marketable talents for several organizations. They are contracted for short periods to complete work that is not a part of the essential functions of the business that it would need to be a daily or ongoing relationship (Marsh 2012). In disputes, the status of an employee verses an independent contractor the burden of proof fall to the employer to validate the relationship. There are several test that the court have done in the pass to test the relationship with a business....   [tags: Equal Employment Opportunity Commission]

Better Essays
1006 words (2.9 pages)