Employment Contracts and Business Organization Essentials

Employment Contract Essentials

An employment contract reflects the agreement between a company and a worker. Key characteristics include:

• Worker: Minimum working age is 16.
• Employer: Can be a physical or juridical person responsible for directing work.
• The company benefits from the worker's labor in exchange for wages.
• Contracts can be indefinite or for a fixed term.
• Trial periods generally last 6 months for technical roles and 2 months for others.

Salary

Salary is the compensation provided to the worker for their services.

Shareholder Rights

Shareholders have rights including:

• Participation in social benefits distribution.
• Preemptive subscription rights for new shares.
• Attendance and voting at meetings.
• Right to challenge unlawful agreements.

Shares

Shares represent a portion of a company's capital, documented in nominative or bearer titles, and are negotiable.

Business Organization

Organization involves designing a structure where tasks, responsibilities, and authority are assigned to individuals within the company.

Management

Management ensures tasks are performed to achieve company objectives.

Labor Laws (Statute of Workers)

The Statute of Workers establishes the regulatory framework outlining workers' rights, freedoms, and obligations, as well as those of companies.

Collective Agreements

Collective agreements are negotiated between worker representatives and companies in a sector to establish working conditions and rules for a specific period.