Difference between revisions of "Employment"
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| − | [[Employment]] is | + | [[Employment]] is making use of somebody or something. In the workspace, ''employment'' refers to an agreement between two parties, one of which is called an [[employer]] and another is called an [[employee]]. From the [[employer]]'s side, ''employment'' is the act of employing workers or exchanging money for someone's work. From the [[employee]]'s side, ''employment'' is the state of being employed or giving one's work in exchange for money and/or another compensation. |
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| + | ''Employment'' can also refer to some activity to which one devotes time. In [[economics]], ''employment'' refers to the ratio of the employed to the unemployed. | ||
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==Related lectures== | ==Related lectures== | ||
Revision as of 02:29, 13 January 2019
Employment is making use of somebody or something. In the workspace, employment refers to an agreement between two parties, one of which is called an employer and another is called an employee. From the employer's side, employment is the act of employing workers or exchanging money for someone's work. From the employee's side, employment is the state of being employed or giving one's work in exchange for money and/or another compensation.
Employment can also refer to some activity to which one devotes time. In economics, employment refers to the ratio of the employed to the unemployed.
