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  2. Employment contract - Wikipedia

    en.wikipedia.org/wiki/Employment_contract

    An employment contract should clearly define all terms and conditions of the employment relationship. The most common elements to any employment contract include the following: [citation needed] Terms of employment; Employee responsibilities; Employee compensation (i.e. wage/salary, benefits) Employment absence; Dispute resolution ...

  3. Intention to create legal relations - Wikipedia

    en.wikipedia.org/wiki/Intention_to_create_legal...

    A contract is a legally binding agreement. Once an offer has been accepted, there is an agreement, but not necessarily a contract. The element that converts any agreement into a true contract is "intention to create legal relations". There must be evidence that the parties intended the agreement to be subject to the law of contract.

  4. Collective bargaining - Wikipedia

    en.wikipedia.org/wiki/Collective_bargaining

    This system was established to resolve industrial disputes through the intervention of an independent third party, which could make legally binding decisions. Over the years, this system underwent significant transformations, reflecting the changing priorities of different governments and the shifting balance of power between employers and unions.

  5. 11 Things to Know Before You Sign an Independent Contractor ...

    www.aol.com/news/2011-06-21-you-need-to-know...

    Many employers try to save money on taxes and escape liability under employment laws by getting employees to sign Independent Contractor Agreements. There are some advantages to being an ...

  6. Non-compete clause - Wikipedia

    en.wikipedia.org/wiki/Non-compete_clause

    Research shows that non-compete agreements make labor markets less competitive, reduce wages and reduce labor mobility. [3] [1] While non-compete agreements may incentivize company investment into their workers and research, they may also reduce innovation and productivity by employees who may be forced to leave a sector when they leave a firm.

  7. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    While contracts often determine wages and terms of employment, the law refuses to enforce contracts that do not observe basic standards of fairness for employees. [108] Today, the Fair Labor Standards Act of 1938 aims to create a national minimum wage, and a voice at work, especially through collective bargaining should achieve fair wages.

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