Search results
Results from the WOW.Com Content Network
The Statement of Support program is the cornerstone of ESGR's efforts to gain and maintain employer support. The program aims to develop employers into advocates for employee participation in the military. Supportive employers are critical to maintaining the strength and readiness of the nation's Guard and Reserve units.
Full employment is an economic situation in which there is no cyclical or deficient-demand unemployment. [1] Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely structural and frictional, may remain. For instance, workers who are "between jobs" for short periods of time as they search ...
As a result, there are four common models of employment: [62] Mainstream economics: employment is seen as a mutually advantageous transaction in a free market between self-interested legal and economic equals; Human resource management (unitarism): employment is a long-term partnership of employees and employers with common interests
v. t. e. Economics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [ 1 ][ 2 ] is a social science that studies the production, distribution, and consumption of goods and services. [ 3 ][ 4 ] Economics focuses on the behaviour and interactions of economic agents and how economies work.
Yellow-dog contract. A yellow-dog contract (a yellow-dog clause of a contract, also known as an ironclad oath) [1] is an agreement between an employer and an employee in which the employee agrees, as a condition of employment, not to be a member of a labor union. [2] In the United States, such contracts were used by employers to prevent the ...
e. In organizational behavior and industrial and organizational psychology, organizational commitment is an individual's psychological attachment to the organization. Organizational scientists have also developed many nuanced definitions of organizational commitment, and numerous scales to measure them. Exemplary of this work is Meyer and Allen ...
The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. The theory was first named by Ferdinand Lassalle in the mid-nineteenth century. Karl Marx and Friedrich Engels attribute the doctrine to Lassalle (notably in Marx's ...
e. Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers, usually in exchange for a wage paid by demanding firms. [1][2] Because these labourers exist as parts of a social, institutional, or political system, labour economics ...