Archive for the ‘General Information’ Category

posted by Administrator on Apr 6

It is a very known fact that businesses need people to work for them and since time immemorial, conflict has arisen from such a relationship. It is normally a peaceful co-existence but when external pressure strains the said relationship it can turn ugly for both parties. Recent events around the world has forced businesses to take extreme measures to stay afloat while employees in countries where there are more annual graduates compared to jobs available has been an ugly.
The recent economic crunch has highlighted the need for more control/oversight over businesses who may even sacrifice safety in exchange for profits. Some companies turn to illegal immigrants for the bulk of their workforce, allowing them to save a lot on costs. While others hire less that the best, sacrificing quality over quantity. China, the world’s biggest growing economy couldn’t shrug off the labor issues, resulting in clashes between the socialist government and the people they aim to represent.

The global economy has indeed re-shaped the way businesses deal with their employees and with more economic upheaval assured due to worsening economic problems, labor and businesses will continue to be one of the hottest topics around for discussion.

posted by Administrator on Jan 6

While it is a well accepted norm for businesses to have their employees put up a union which would allow better relations it is not always the best scenario as many a companies have learned. The union is the primary means by which the labor force deals with their employers in the best possible way, allowing for compromise that allows each party solutions that would otherwise end in stalemate.

Economics is the main issue and with upheavals in the global business arena, it is not easy to maintain good business relations. Many companies have suffered from ill managed labor/management relations ending in closure, loss for both parties. Businesses fight to stay afloat and their employees strive to survive. Conflict in the workplace in inevitable and when it does balloon out of control, even the labor branches of governments can find themselves overwhelmed by the problems leading to lengthy and costly court cases.

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.

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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

contractors2There 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.

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