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Employers' Organization
An employers' organization or employers' association is a collective organization of manufacturers, retailers, or other employers of wage labor. Employers' organizations seek to coordinate the behavior of their member companies in matters of mutual interest, such as during negotiations with trade unions or government bodies. Employers' organizations operate like trade unions and promote the economic and social interests of its member organisations. History In a free market the rivalry between competing companies naturally tends to preclude combined action for the advancement of common interests.F.W. Hilbert, "Employers' Associations in the United States," in Jacob H. Hollander and George E. Barnett (eds.), ''Studies in American Trade Unionism.'' New York: Henry Holt and Co., 1912; pg. 185. The emergence of trade unions and their efforts to establish collective bargaining agreements on a local or an industry-wide level ultimately paved the way for combined action by competitors emplo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Employer
Employment is a relationship between two parties regulating the provision of paid labour services. Usually based on a contract, one party, the employer, which might be a corporation, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in return for carrying out assigned work. Employees work in return for wages, which can be paid on the basis of an hourly rate, by piecework or an annual salary, depending on the type of work an employee does, the prevailing conditions of the sector and the bargaining power between the parties. Employees in some sectors may receive gratuities, bonus payments or stock options. In some types of employment, employees may receive benefits in addition to payment. Benefits may include health insurance, housing, disability insurance. Employment is typically governed by employment laws, organisation or legal contracts. Employees and employers An employee contributes labour and expertise to an en ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Market Economy
The social market economy (SOME; german: soziale Marktwirtschaft), also called Rhine capitalism, Rhine-Alpine capitalism, the Rhenish model, and social capitalism, is a socioeconomic model combining a free-market capitalist economic system alongside social policies and enough regulation to establish both fair competition within the market and a welfare state. It is sometimes classified as a regulated market economy. The social market economy was originally promoted and implemented in West Germany by the Christian Democratic Union of Germany under Chancellor Konrad Adenauer in 1949, and today the term is used by ordoliberals, social liberals, and social democrats, who generally reject full state ownership of the means of production but support egalitarian distribution of all goods and services in a market segment. Its origins can be traced to the interwar Freiburg school of economic thought. The social market economy was designed to be a middle way between ''laissez-fair ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federation Of International Employers
The Federation of International Employers / La Federación de Empresarios Internacionales (formerly The Federation of European Employers) was established in 1988 with the support of the European Commission. Today it operates independently and claims to be the leading organisation for multinational employers. It is also known as FedEE Global. The Federation's principal aims are to assist companies to achieve legal compliance, operate more effectively at an international level, improve transnational HR capabilities, network with other international executives, develop practical/equitable pay structures, evaluate new employment methods and trends, monitor employee participation and trade union activities and embrace workforce diversity. History In 1988, the organisation was founded as the Federation of European Employers by current Secretary-General Robin E.J Chater in order to assist human resource professionals operating in Europe. The head office is located in London, UK - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Employer Associations
This is a list of employer associations and other business organizations. Albania * Konfindustria (Konfederata e Industrive te Shqiperise) Austria * Federation of Austrian Industry (Vereinigung der Österreichischen Industrie (VÖI)) Australia * Master Plumbers and Gasfitters Association of Western Australia (Union of Employers) *Australian Aluminium Council * Australian Chamber of Commerce and Industry * Australian Dental Industry Association * Australian Federation of Employers and Industries (AFEI) * Australian Gift & Homewares Association * Australian Industry Group * Australian Uranium Association * Business Council of Australia * Business Software Association of Australia * Cotton Australia * Insulation Council of Australia and New Zealand * The Pharmacy Guild of Australia * Victorian Employers' Chamber of Commerce and Industry * Federal Chamber of Automotive Industry * Master Grocers Australia Belgium * Federation of Enterprises in Belgium (FEB) Brazil * Nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chamber Of Commerce
A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to advocate on behalf of the business community. Local businesses are members, and they elect a board of directors or executive council to set policy for the chamber. The board or council then hires a President, CEO, or Executive Director, plus staffing appropriate to size, to run the organization. A chamber of commerce may be a voluntary or a mandatory association of business firms belonging to different trades and industries. They serve as spokespeople and representatives of a business community. They differ from country to country. History The first chamber of commerce was founded in 1599 in Marseille, France, as the "Chambre de Commerce". Another official chamber of commerce followed 65 years later, probably in Bruges, then part of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Switzerland
The economy of Switzerland is one of the world's most advanced and highly-developed free-market economies. The service sector has come to play a significant economic role, particularly the Swiss banking industry and tourism. The economy of Switzerland ranked first in the world since 2015 Global Innovation Index and third in the 2020 Global Competitiveness Report. According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a GDP per capita (nominal) above US$70,000 that are neither island nations nor ministates. History 19th century Switzerland as a federal state was established in 1848. Before that time, the city-cantons of Zurich, Geneva, and Basel in particular began to develop economically based on industry and trade, while the rural regions of Switzerland remained poor and underdeveloped. Whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a " defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Rate
In a tax system, the tax rate is the ratio (usually expressed as a percentage) at which a business or person is taxed. There are several methods used to present a tax rate: statutory, average, marginal, and effective. These rates can also be presented using different definitions applied to a tax base: inclusive and exclusive. Statutory A statutory tax rate is the legally imposed rate. An income tax could have multiple statutory rates for different income levels, where a sales tax may have a flat statutory rate. The statutory tax rate is expressed as a percentage and will always be higher than the effective tax rate. Average An average tax rate is the ratio of the total amount of taxes paid to the total tax base (taxable income or spending), expressed as a percentage. * Let t be the total tax liability. * Let i be the total tax base. ::= \frac. In a proportional tax, the tax rate is fixed and the average tax rate equals this tax rate. In case of tax brackets, common ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wage
A wage is payment made by an employer to an employee for work done in a specific period of time. Some examples of wage payments include compensatory payments such as ''minimum wage'', '' prevailing wage'', and ''yearly bonuses,'' and remunerative payments such as ''prizes'' and ''tip payouts.'' Wages are part of the expenses that are involved in running a business. It is an obligation to the employee regardless of the profitability of the company. Payment by wage contrasts with salaried work, in which the employer pays an arranged amount at steady intervals (such as a week or month) regardless of hours worked, with commission which conditions pay on individual performance, and with compensation based on the performance of the company as a whole. Waged employees may also receive tips or gratuity paid directly by clients and employee benefits which are non-monetary forms of compensation. Since wage labour is the predominant form of work, the term "wage" sometimes refers t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Price Level
The general price level is a hypothetical measure of overall prices for some set of goods and services (the consumer basket), in an economy or monetary union during a given interval (generally one day), normalized relative to some base set. Typically, the general price level is approximated with a daily price ''index'', normally the Daily CPI. The general price level can change more than once per day during hyperinflation. Theoretical foundation The classical dichotomy is the assumption that there is a relatively clean distinction between overall increases or decreases in prices and underlying, “nominal” economic variables. Thus, if prices ''overall'' increase or decrease, it is assumed that this change can be decomposed as follows: Given a set C of goods and services, the total value of transactions in C at time t is :\sum_ (p_\cdot q_)=\sum_ P_t\cdot p'_)\cdot q_P_t\cdot \sum_ (p'_\cdot q_) where :q_\, represents the quantity of c at time t :p_\, represents ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Partners
{{cleanup-rewrite, article, date=June 2014 Social partners are groups that cooperate in working relationships to achieve a mutually agreed-upon goal, typically for the benefit of all involved groups. Examples of social partners include employers, employees, trade unions, and governments. Origin The concept of social partners arose in Europe in part from the disorder following the Industrial Revolution. Article 152 of the Treaty on the Functioning of the European Union (TFEU) states: The Union recognizes and promotes the role of the social partners at its level, taking into account the diversity of national systems. It shall facilitate dialogue between the social partners, respecting their autonomy. This article forms part of the Primary Law of the European Union (EU). Role of social partners Social partners have a vital role to play in reaching out to workers and owners of enterprises and in particular those of SMEs and the informal economy, and in general, increasing the r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Netherlands
The economy of the Netherlands is th15th largest in the world in 2022(in terms of Gross domestic product; GDP) according to Forbes. Its GDP per capita was estimated at $68,572 in the fiscal year 2022, which makes it one of the highest-earning nations in the world. Between 1996 and 2000, annual economic growth ( GDP) averaged over 4%, well above the European average of 2.5% at the time. Growth slowed considerably in 2001–05 as part of the early 2000s recession. The years 2006 and 2007 however showed economic growth of 3-4% per annum. The Dutch economy was hit considerably by the financial crisis of 2007–2008, and the ensuing European sovereign-debt crisis. The Netherlands has had steady natural gas resources since 1959, when a wellspring was discovered. Currently the Netherlands accounts for more than 25% of all natural gas reserves in the European Union. Over the following decades, the sale of natural gas generated a significant rise in revenue for the Netherlands. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
