HR experts would designate these professionals as <u>contingent employees.</u>
<h3><u>A Contingent Worker: What Is One?</u></h3>
Unemployed individuals who work for a company on a contract basis are known as contingent workers. Contingent employees may offer their services on a permanent, temporary, or as-needed basis. Instead of taking on an ongoing, unending burden as a permanent employee does, they are frequently recruited to finish a single project. A few instances of contingent laborers are:
- Unaffiliated businesses
- Freelancers
- Consultants
- Employees on a temporary basis who are contracted by a staffing company or other third party to work for your business.
<u>Why Do Some Workers Opt to Work as Contingent Employees?</u>
Successful contingent workers frequently have the ability to earn more money or put in fewer hours than they would as salaried workers—and occasionally both. Furthermore, independent workers frequently respect that quality. After you give them an assignment, they are free to pick how to complete it; no micromanagement is permitted, according to the law. They are also free to choose the assignments that appeal to them the most.
Learn more about contingent employees with the help of the given link:
brainly.com/question/4327473
#SPJ4
A company with a labor agreement under which union membership cannot be required as a condition of employment is considered an open shop.
This means that the employees do not have to join a trade union in order to work there at this particular company. So regardless of the fact whether these workers are members of the union or not, they will be employed and paid equally.
Answer:
an offer and an acceptance
Explanation:
Here, in this particular case, the valid contract will require an agreement i.e. an offer and an acceptance which is further backed personally by the legally adequate consideration that is made by the individuals or groups that tend to have legal competence to embark into a contract, and thus the legal ambition.
Answer and Explanation:
a. The preparation of income statement is shown below:-
Income Statement
Service revenue $80,000
operating expenses
Salary expenses $28,000
Uncollectible accounts
expense $3,273
Total operating expense $31,273
Net income $48,727
Working Note :-
Days Amount Percentage Allowance balance
Current $16,800 0.01 $168
0-30 $5,100 0.05 $255
31-60 $4,000 0.10 $400
61-90 $2,000 0.30 $600
Over 90
days $3,700 0.50 $1,850
Total $31,600 $3,273
b. The computation of net realizable value of the accounts receivable is shown below:-
Net realizable value = Accounts receivable - Allowance for doubtful accounts
= ($80,000 - $48,400) - $3,273
= $31,600 - $3,273
= $28,327
