Economics Paper - 550 Words

Economics Paper (Term Paper Sample) Content: Name of the studentInstitutional affiliationCourseDateIntroduction In the job market, employments are made at a particular time and certain places. These are the times and location that encourage the application of written employments contracts that would be signed between an employer and employee. However, an employer should be familiar with the kind of factors to consider when choosing an employee contract. Therefore, an employment contract is a unique form understood both by an employer and an employee such that the terms given dictates the relationship between them professionally. Entry to a contract is free of charge and does not require any payment to be agreed. However, breaking of contract by a company with its employees has become familiar. Arguments about the whether it is just and fair to break a contract have risen. These reasons include the followingBreaking an employee contract is fair due to some reasons. This contractual move is appropr iate because at some situation, where employees are working, at the same they are learning, companyà ¢Ã¢â€š ¬s confidential information is at risk. For instance an organization has trading secrets it does not want to be leaked and sense insecurity caused by an untrusted employee, it would not be illegal to fire him. It is because the company do not want its confidential information being disclosed to its competitors and public. Also, an employee may treat customers unfairly leading to a development of a wrong picture towards the company. This unfair treatment will draw more attention and reduce the number of clients. In case of such situations breaking a contract will be consulted (Ambrose, Taylor, and Hess2015).Besides, if the enterprise may not be satisfied with the quality of an employeeà ¢Ã¢â€š ¬s performance, the company will be required to intervene. This move will entail breaching of contract by an employee in the quality of work expected. For instance, an employee displays a poor job and perform dismally and fail to reach the target given, breaking of a contract is to be applied. The company has to report to the court and provide evidence supporting the complaint. Furthermore, if an operator fails to abide by his side, the contract has been breached. These terms include doing something against what the contract requires. An employee may also feel that what is needed from him is too much and will fail to do the intended action. He will apply for the destruction of a contract by his company (Heuvel, Schalk, and Assen 2015).Organizations might find out that it cannot conduct its daily business effectively if an employee do not follow the company rules and policies. A company can identify a situation for instance in a high-tech company, workers do not comply with the rules designed to govern them for comfortable and safe working conditions. Even though a times, imposed rules might be demanding and unfair to the employees such that ità ¢Ã¢â€š ¬s forcing them to work in unfair conditions, a complaint should be raised. A decision to bend the rules will result in breaking of the contract. Employees should, therefore, consider consulting and making new agreements favorable to both parties. Otherwise, the company will be forced to break the contract (Hannah, Robertson 2015.Also, a case where a company feels that it doesnà ¢Ã¢â€š ¬t need an employee anymore, b...