Editing Employment (section)

{{Short description|Relationship between employee and employer}}
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'''Employment''' is a relationship between two [[party (law)|parties]] [[Regulation|regulating]] the provision of paid [[Labour (human activity)|labour]] services.  Usually based on a [[employment contract|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.<ref name=":2" /> Employees work in return for [[wage|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 [[gratuity|gratuities]], [[bonus payment]]s or [[employee stock option|stock option]]s. In some types of employment, employees may receive benefits in addition to payment. Benefits may include [[health insurance]], [[housing]], and [[disability insurance]]. Employment is typically governed by [[Labour law|employment laws]], organization or legal contracts.