Employee

An Employee is any entity that is hired by employers. Typically, it is a worker who is hired to perform a specific job. The employee is in a contract between two parties, the other being the employer, and is called employment. Employees exist in the public, nonprofit, and household sectors (besides the "for-profit" sectors). The employee contributes labour to an enterprise. Employees preform the discrete activity of economic production. An employee may contribute to the evolution of the enterprise, but usually has little control over the productive infrastructure, such as intellectual property and business contacts. Employees usually are the labour in the three factors of production, the others being land and capital. Employees are assigned a set of tasks, each task being "the job" of the employee. Typical examples include - accountants, solicitors, lawyers, photographers, among many other worker classifications. Workers who sell their labor on their own are called independent contractors and they are not technically classified as employees.

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