Difference Between Employees And Self-employed Contractors (Essay Sample)
Make it easier, control the words in around 2000source..
DIFFERENCE BETWEEN EMPLOYEES AND SELF-EMPLOYED CONTRACTORS
Date of Submission
Difference between Employees and Self-Employed Contractors
One of the most important labor laws in Britain is employment law, which deals with the rules governing the relationships between employee and employer (Opkins, 2010). The engagement between these two parties involves the existence of a contractual relationship where one party presents an offer that should be accepted by the other party. In such a scenario, one party is the employer who is the person or the company that offers the contract, and the other party is an employee, the person who accepts the contractual terms (Opkins, 2010). For a long time now, there has been a huge challenge in determining whether an individual is an employee or an independent worker. Those individuals who do not work as employees are referred to as independent contractors. Some of the acts regulating the employment status of the employee but not independent contractor include Employment Rights Act (ERA) and the Trade Union and Labor relations Act (TULRA) enacted in 1996 and 1992 respectively (legislation.gov.uk, 2018). ERA 1996 is a crucial act that mainly deals with redundancy, protection of wages, unfair dismissal, and notice rights. TULRA, on the other hand, deals with trade unions and their relationships with their members and employers, collective bargaining, and industrial action.
YOU MAY ALSO LIKE
- Accounting For Decision Makers of Management and FinanceDescription: This letter provides insights on the treatment of expenses, revenue, assets, liabilities and equity in the financial statements. How the different transactions affect the financial accounting cycle....8 pages/≈2200 words | 7 Sources | Harvard | Accounting, Finance, SPSS | Essay |
- Discuss The Factors Which Led To The Financial Crisis Of 2007/8 Description: Discuss the factors which led to the financial crisis of 2007/8. Explain how these factors impacted upon Northern Rock and the reasons for the nationalisation...10 pages/≈2750 words | 11 Sources | Harvard | Accounting, Finance, SPSS | Essay |
- Accounting and Ethical Actions Accounting AssignmentDescription: The managers were preoccupied with short-term profits and their conduct signalled that unethical behaviour was acceptable....18 pages/≈4950 words | No Sources | Harvard | Accounting, Finance, SPSS | Essay |