Which term describes a person who performs work for compensation?

Which term describes a person who performs work for compensation?

• A. Employer
• B. Employee
• C. Market
• D. Community

Answer: (B)

An employee describes a person who performs work for compensation for another party, typically an employer, and receives wages or salary in return. The relationship often involves the employer directing how the work is done and providing the work within an organization or structure. This distinguishes the person from the employer (the one who hires and pays), the market (the system where labor and goods are bought and sold), and the community (a group of people sharing a location or interests). In other words, someone who works for pay as part of an employer’s organization is an employee.

An employee describes a person who performs work for compensation for another party, typically an employer, and receives wages or salary in return. The relationship often involves the employer directing how the work is done and providing the work within an organization or structure. This distinguishes the person from the employer (the one who hires and pays), the market (the system where labor and goods are bought and sold), and the community (a group of people sharing a location or interests). In other words, someone who works for pay as part of an employer’s organization is an employee.