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jek_recluse [69]
3 years ago
14

Employment law is the large body of laws, administrative rulings, and precedents that encompass all areas of the employer/employ

ee relationship.
a. True
b. False
Business
1 answer:
hammer [34]3 years ago
4 0

Answer:

a. True

Explanation:

A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.

The law is a tool used by lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior.

In circumstances where there are aberration, the law is enforced as a punishment and penalty.

Employment law is the large body of laws, administrative rulings, and precedents that encompass all areas of the employer/employee relationship. It is a body of principles and rules that are put in place to regulate and ensure there's a good working relationship between the employees and their employers while being fair to both sides.

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A(n) _____ is a form of retirement savings plan in which the employee contributes money each pay period to his or her retirement
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Answer:

The correct answer is defined contribution plan.

Explanation:

The defined contribution plan is a pension plan in which the company agrees to make monetary contributions each year for the benefit of the employee.

Generally, in a defined contribution plan the employee has the right over the invested assets and is free to withdraw the accumulated funds if his retirement occurs prematurely. For this reason, the defined contribution plans are said to have portability, that is, if the employee ends his employment relationship with the company, he can transfer his funds to his new company's pension plan or to a private pension plan.

Upon retirement, the employee can access the accumulated funds, but unlike in the defined benefit plans, no amount is guaranteed. The investment risk is assumed entirely by the employee.

For example, the company can contribute 1% of salary to a pension fund every month. The employee can also contribute part of his salary to this plan.

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Martha is a highly skilled employee at DistantTool Editorial. She specializes in web designing. Recently, she has been assigned
loris [4]

While working on the project, Martha is most likely to be bored and less creative than usual.

Specialisation is an economic theory that suggests a person carries out activities for which one has a comparative advantage in or is most efficient in.  For example, Martha is skilled in web design, economic theory would suggest that she specialises in Web design.

<u><em>Advantages of specialisation </em></u>

  1. The worker that carries out the same job function repeatedly becomes extremely skilled in the activity.
  2. Work is carried out faster.

<u><em>Disadvantages of specialisation </em></u>

  1. Work can become monotonous
  2. Employees skills in other job functions declines.

If a person carries out the same rudimentary task repeatedly, it is likely that the individual would become bored. For example, if an engineer is employed to put marbles in a box. Soon he would become bored because the work he is doing is not mentally stimulating.

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We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.

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