What Are the Two Types of Employment Contracts? How Is

question 47

Essay

What are the two types of employment contracts? How is each one established? Explain the terms of employment if there is no contract.

Explain the honeymoon-hangover effect in job transitions.

Describe the relationship between job satisfaction and employee behaviors, including turnover, organizational citizenship, and customer satisfaction.

Recognize the impact of life events on job satisfaction and turnover decisions.

Understand the role of rewards and performance feedback in employee satisfaction.

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Definitions:

Trial or Appeal

Legal proceedings where a case is reviewed in court; a trial is the original hearing of a case, while an appeal is a request for a higher court to review a decision.

Mandatory Arbitration

A process stipulated by a contract where parties must resolve their disputes through arbitration rather than through the court system.

Employment Contract

A formal agreement between an employer and employee outlining the terms and conditions of employment.

Arbitration Clause

A clause in a contract that provides that, in the event of a dispute, the parties will submit the dispute to arbitration rather than litigate the dispute in court.