Recruitment glossary
What is Employment Law?
Employment law encompasses all areas of the employer/employee relationship except the negotiation process covered by labor law and collective bargaining. Employment law exists to regulate the relationship between businesses and their employees. If a business is consistent and complies with employment law, hiring processes, dismissal processes and their workplace as a whole, are fair for every individual.
Related terms
Superannuation is an organisational pension program created by a company for the benefit of its employees.
Six Sigma is a set of management techniques intended to improve business processes by greatly reducing the probability that an …
SMSF (Self Managed Superannuation Fund) is a superannuation trust structure that provides benefits to its members upon retirement.The difference between …
A Preferred Supplier Agreement, or PSA, is an agreement entered into by a company and one of their third party …
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