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Legal regulations of management

Every state has its law and code system. In the business world its very important labour code, as it regulates and ensures the legal actions in the organizations. Today I’ll present only the main aspects of the legal regulations of management. It is the employment contract (‘individual contract’), collective bargaining and collective agreements (or ‘collective contract’). These terms are described in each state labour code and frequently the authors of the books refer to its state law and codes.

I. Employment contract –is a contract between employer and employee. (www.hyperdictionary.com)

II. Thomason describes the employment contract in such way:

“...employment is established by ’agreement’ between the two parties, employer and employee, and this agreement is identified by the particular term ‘contract of employment’.”

III. A contract of employment is an agreement entered into by an employer and an employee under which they have certain mutual obligations. (www.cst.gov.uk/er/index.htm)

IV. The Finnish Employment Contracts Act (no. 320 of 1970 - section 1) defines an employment contract as a contract whereby the employee agrees to perform work

Some topics in this essay:
GA Cole, Relations Act, Contracts Act, Megginson Pietri, Marti Kubik, , Davis Statt, Van Fleet, II Thomason, collective bargaining, employment contract, employer employee, conditions employment, ga cole, collective agreements, labor relations act, national labor, mutual obligations, labor relations, collective agreement, national labor relations, National Labor, cole “personnel management”, wages conditions employment, ga cole “personnel,

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Approximate Word count = 1400
Approximate Pages = 6 (250 words per page double spaced)

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