Employment is a contract between two parties, one being the employer and the other being the employee. In a commercial setting, the employer conceives of a productive activity, generally with the intention of creating profits, and the employee contributes labour to the enterprise, usually in return for payment of wages.
Employment also exists in the public, non-profit and household sectors.
In the United States, the "standard" employment contract is considered to be at-will meaning that the employer and employee are both free to terminate the employment at any time and for any cause, or for no cause at all.
Vienna director sick, but good music saves opera Sun, 12 Oct 2008 08:39:43 -0000 Roberto Alagna in the role of Doctor Faust, center, performs with extras during a dress rehearsal for the opera "Faust" by Charles Gounod, on Monday, Oct. Austrian leader Haider dies in road accident: report Sun, 12 Oct 2008 04:06:09 -0000 Austrian far-right leader Joerg Haider died in a road accident Saturday, APA news agency reported quoting the police. Gas prices still show volatility Sat, 11 Oct 2008 19:54:25 -0000 The cost of a gallon of gas began falling across the region late this week but stations here appeared reluctant to match prices seen elsewhere. Traders look for direction on oil market Sat, 11 Oct 2008 11:52:19 -0000 Traders look for direction on oil market Gas prices at a Pembroke Pines, Fla. Shell station, along with several in the area, have posted dramatically lower prices, Wednesday, Oct. N. Korea preparing to restart atomic facility Sat, 11 Oct 2008 03:43:07 -0000 VIENNA, AUSTRIA North Korea moved closer Thursday to relaunching its nuclear arms program, announcing that it wants to reactivate the facility that produced its atomic bomb and banning U.N. inspectors from the ... Foreigners count cost of Icelandic meltdown Fri, 10 Oct 2008 23:12:49 -0000 International investors counted the cost of their involvement with Iceland on Friday after a meltdown in its banking system turned the country from a popular financial player to a pauper in just a few days.