There are several types of employment relationships that affect the hiring and firing of employees.

There are several types of employment relationships that affect the hiring and firing of employees. Some states have laws about employment relationships and others do not. Compare two of the follow employment relationships: principal-agency relationships, independent contractor, at-will employment, and non-compete contractual agreements. Discuss two commonalities and two differences to the types of agreement. Does one type of relationship benefit the employer more? Does the type of relationship have a positive or negative effect for wanting to work for a company that follows this relationship?

ANSWER

An at-will employment relationship refers to an agreement in which an employer can terminate an employment contract at any time without an explanation, reason, or warning. It also allows the employee to quit the job without giving a reason (Atkinson et al., 2016). On the other hand, a contractual non-compete agreement is a contract that prohibits an employee from going into a company or starting a business that competes with the employer. At-will employment and non-compete agreements have two commonalities. Firth, both agreements give the employer an immense amount of power over the employee’s fate. Secondly, these employment relationships help in promoting instances…