General

Differences between employer and employee

Othuke Andrew Akpeli9 years ago6 years ago03 mins

EMPLOYER	EMPLOYEE
The employer being the owner of the company hires the employee.	The employee only comes to work on the company for financial benefits.
The employer takes the risk in running the company.	The employee work to achieve the employer’s goals
Employers employ workers	employees are employed by employers
The employer creates the job	The employee fills/does the job.
The employer deals with all the headaches required to run a business.	Employees get to work for regular wages.
The employer usually gets more benefits from the company than the employee.	The employee gets less benefits from the company, he or she is only hired when the employer is sure of making profit.
The employer has job security. That means he or she is not afraid of being sacks, unless the business liquidates.	The employee has no job security. The chance of keeping his or her job is based on the employer’s decision.
The employee is paid by the employer.	The employee works for the employer.
The profit of the company is the employers’ financial reward.	The salary of the employee is the financial reward of the employer.
When there is no profit, the employer bears the loses	The employee is entitled to the reward whether there is profit or not.
The employer can give his or her position in the company to his or her offspring as an inheritance.	The employee cannot give his or her position to another person as an inherited.
The debt incurred by the company is the employer’s responsibility	The debt of the company is nit the employee’s responsibility.