posted by Sherill on Feb 21
Accounting firms are generally reliable institutions, but it always pays to know what you are entitled to under the law and the labor laws. Knowing the law doesn’t necessarily mean that you’re going to go on strike or start a union, you simply need to know the basic accounting labor law so that you can also enjoy the benefits of your job. Like for example, you have the right to know if your company is paying your social security on time.
You can consult law books or go to a labor lawyer for specific provisions that apply in your area. It may be a bit of a hassle, but the long term benefits outweigh the hardships. And you may also serve as a help to other people who need to know the basic labor law. So you not only help yourself, but have the opportunity to help others too.
posted by Administrator on Jan 30
There is a very defined line between employment as a contractor or as an employee and in the middle may be the casual or an individual who is still not a full pledged employee but is performing the jobs of one pending his evaluation after a specified time frame. That time frame may depend on the agreement he signs with the company which will have to deliberate on whether to hire him as a full time employee or to terminate his services from the firm. The time-period is defined by law but may vary depending on the employer but is not to exceed six months to a year, after which the employee will automatically become a full-pledged employee entitled to all the benefits and pay as such. Contractors on the other hand are individuals that are brought into a company for their specific skills that may be required for a short period of time. Opposed to employees who can resign at anytime given a valid reason, contractors are bound by their contract to finish the terms of the contract signed. Contractors often work on a consultaion basis and are not obliged to come in as regular employees do, they simply have to perform their duties as required by their contract, in between that period they are free to take other jobs that may interest them. The binding that hold all the above situations is the contract which is signed by both employee and a contractor where all the specific are defined and discussed.