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What are the advantages and disadvantages of lifelong learning to both the employer and the employee?
Lifelong learning benefits both the employer and the employee by making a more productive employee. The biggest disadvantage of lifelong learning is the cost to the employer.
What benefit does both the employer and employee?
Both employers and employees benefit from a positive work environment that fosters collaboration and communication. For employers, this leads to increased productivity, employee retention, and a stronger company culture. Employees benefit from job satisfaction, career growth opportunities, and a sense of belonging, which can enhance their overall well-being. Ultimately, a mutually beneficial relationship enhances organizational success and individual fulfillment.
Can I work remotely for the same employer in two different states?
Yes, it is possible to work remotely for the same employer in two different states, as long as both the employer and employee agree to the arrangement and comply with the tax and employment laws of both states.
How to check 41k account with fetidity?
Firstly i would say that its not 41k its 401(k) account with fedility. 401(k) account is a qualified account in U.S.It is used for basic goal of retirement. It is given by employer. Both employee and employer contribute in this scheme. maximum contribution by employee in this account is $16500/yr. As i told u above its a employee sponsored account hence u can find 401(k) account in pay stubs,benefit summary statement.
What are the key differences between defined benefit plans and defined contribution plans in terms of retirement savings and benefits?
Defined benefit plans provide a guaranteed retirement income based on a formula, while defined contribution plans involve contributions from both the employer and employee that are invested for retirement. The key difference is that defined benefit plans offer a fixed benefit, while defined contribution plans depend on the performance of the investments.
What are the advantages and disadvantages of lifelong learning to both the employer and the employee?
Lifelong learning benefits both the employer and the employee by making a more productive employee. The biggest disadvantage of lifelong learning is the cost to the employer.
How the changes in employee relations impact employment relationship?
The employer-employee relationship is a significant human relationship based on mutual dependency. Changes in employee relations have a great impact on both the employer and the employee. Both the employer and employee have obligations that arise from their relationship.
Why is legislation important in upholding and protecting the rights of both employer and employee?
why is legislation important in upholding and protecting the rights of both employer and employee?
If the provident fund administrator returns contributions does the employer then refund both the employee and employer contributions to the employee?
Yes.
Which of these statements is trueThe employee and employer both assume the role of the buyer?
The employer usually assumes the role of the buyer, and the employee assumes the role of the seller.
Whether ctc included employee pf and employer pf?
Yes. CTC includes both Employee and Employer PF contributions
How are expenses of termination of a Defined Benefit Pension Plan shared among the employer and employees?
db plans are pooled asset type plans (both employer and employee $) and expenses are normally deducted/paid from the assets.
Why does a manager have to clock in an employee?
Employees generally themselves in. A manager may clock in an employee if the employee is working or on the job but for some reason unable to do so or forgets to do so. Time clocks benefit both the employee and the employer since it helps determine billing, wages, etc.
Why does legislation to employment exist?
to protect both the employee and employer
Both the employer and the employee contribute to which of these benefits?
Defined contribution plan
Why does legislation exist relating to employment?
to protect both the employee and employer
Why is a verbal agreement not a satisfactory contact arrangement for both the employer and the employee?
no
