Basic Elements of a Contract
Contracts primarily represent agreements or promises between signatories for the exchange of goods, services, or labor for consideration. This essay examines the essential components of a contract, what validity is based upon, and the sources of laws governing enforcement. The impact on society and businesses is also discussed, with specific examples.
New Work Reward Systems New, Improved, Innovative:
This compare / contrast article looks at traditional incentives and reward systems for employees versus the less conventional types of rewards seen most frequently in high tech companies. The fit between reward systems and workers is important, and the article articulates ways that knowledge workers particularly want certain types of rewards. Integral to this discussion is the role of the manager in understanding what improves employee morale and motivation.