Contracts in a Firm

In a company there are two types of contracts:

Client Side - A contract between you and who you are delivering for.

Employee Side - Contract between you and the people you hire.

Client Side

Duty of Contract

• Supply what the client is asking for (Give the client a format they are asking for e.g. animation or design).

• What does the client really ask for (Think about the concept and give the client an idea they are going to love.) 

• Ensure parameters are put in place (Make sure a system works for you and your client).

Duty of Care

• To look after the client and his concerns (Show that you really care about what the client is asking for and his vision). 

• Understand what the clients business is (You should have a clear understanding about who the client is and what their aim is as a business because this helps with the client realising that you are committed to his ideas). 

• Broader understanding of the economic environment. 

Employee Side

There is a lot of employment legislation but the main aim is to protect the employees from unfair actions and practices.

Duty of Care 

• Mental and physical care (To ensure staff are happy and consent with coming to work and are not bullied or harmed by other employers).

• Safe working environment (Staff need to be working in a healthy comfortable environment, e.g. comfortable chairs and heating).

• Procedures to resolve issues (Reasonable ways to solve any falling out between staff and problems that may persist with the job itself that make everyone happy).

• Clear job understanding (Understanding staff roles is crucial to helping them with their work when they might lose their way).

Employment Terminology 

• Sacked - You have been bad. stolen something. Thrown out of the firm.

• Dismissed - Neutral and depends on context. You have being let go on neither good or bad terms but that depends on the reason.

• Probation - Period of time you need to serve before you are permanent and have employment rights. Normally 1 year.

• Released - The firm has no further use for you so you are let go but leaving the job isn't seen as your fault.

• Redundant - A company can’t hold on to you because they might be going bankrupt or another factor could be affecting the business. This is normally seen as a good thing because you gain a statutory pay off.

• Resigned - You leave the job out of your free will.

Remedies

Problems arise that breach the contact so how do you deal with the situation.

    

A. Talk through the problem to understand the issue to then make a plan to solve the issue. This works most of the time.

B. Take the problem through a legal procedure (court) to solve it.

What Did I Learn and Summary

This lecture was about understanding the use for contracts and why they are needed within a company. Before the lecture I knew what a contract was but I didn't know what the specific rules were between employee and employer, but I now know what those rules are and that they are used to prevent people taking advantage of one another in the work place. I have also learnt the different situations that occur for someone to leave a job and what they are called.