Archive | Employment

Types of Employee Benefits: Professional, Social, Auxiliary, Fringe, Retirement

Everything you need to know about the types of employee benefits. Employee benefits or indirect compensations are group membership rewards that provide security for employees and their family members. Benefits are indirect financial and non-financial payments employees receive for continuing their employment with the company. They constitute an important part of every employee's compensation. Benefits and services are alternatively known [...]

By |2019-06-08T06:36:14+05:30June 8, 2019|Employment|Comments Off on Types of Employee Benefits: Professional, Social, Auxiliary, Fringe, Retirement

Role of AS and AD in the Classical Model | Employment

In this article we will discuss about the role of Aggregate Demand (AD) and Aggregate Supply (AS) in the Keynesian Model, explained with the help of a suitable diagram. Like the Keynesian model, the classical model also employs ag­gregate supply and aggregate demand—but with two important differ­ences. First, the aggregate supply schedule corresponding to SAS in Fig. 10 is assumed [...]

By |2017-01-13T05:55:19+05:30January 13, 2017|Employment|Comments Off on Role of AS and AD in the Classical Model | Employment

Full Employment: Meaning, Attainment and Problems

In this article we will discuss about Full Employment:- 1. Meaning of Full Employment 2. Government Policies to Achieve Full Employment 3. Attainment 4. Problems. Meaning of Full Employment: One of the main aims of government policy is the maintenance of 'full employment'. The precise meaning of this phrase is a matter of dispute among economists. It may appar­ently seem [...]

By |2016-05-16T07:47:10+05:30May 16, 2016|Employment|Comments Off on Full Employment: Meaning, Attainment and Problems
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