Difference between revisions of "What Employer Is"

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(Key terms)
(Key terms)
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===Key terms===
 
===Key terms===
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:'''[[Employer]]'''. Any [[legal entity]] that employs one or more [[employee]]s.<div style="background-color:#efefef; padding: 5px; margin: 15px;">
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:*'''[[Government organization]]'''. A [[legal entity]] that is owned by a government.
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:*'''[[Non-profit corporation]]'''. Any [[corporation]] that cannot distribute its [[free cash flow]] to the ''Corp's'' [[shareholder]]s, [[leader]]s, and/or members.
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:*'''[[Operational business]]'''. Any [[business]], which [[business model]] generates revenue.
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:*'''[[Startup business]]''' (or, simply, [[startup business|startup]]). (1) A [[business]] in its search of its [[business model]], which usually means ways not to depend on external [[funding]]; (2) An [[enterprise]] in the early stages of operations. [[startup business|Startup]]s are usually seeking to solve a [[problem]] or fill a need, but there is no hard-and-fast rule for what makes a [[startup business|startup]] since situations differ. Often, a company is considered a [[startup business|startup]] until they stop referring to themselves as a [[startup business|startup]].</div>
  
 
===Script===
 
===Script===

Revision as of 21:41, 8 May 2020

What Employer Is (hereinafter, the Lectio) is the second lesson part of the Recruitment Essentials lesson that introduces its participants to job market and related topics.

This lesson belongs to the Introduction to Recruitment session of the CNM Cyber Orientation. The Orientation is the second stage of the WorldOpp Pipeline.


Content

The predecessor lectio is Employment Vacancies.

Key terms

Employer. Any legal entity that employs one or more employees.

Script

An employer is any legal entity that employs one or more employees. Not all employers are created equal. So are their owners.
Those employers who operate in the public sector are known as government and state-run organizations. These legal entities are owned by a government.
Those employers who operate in the nonprofit sector are known as non-profit organizations. A non-profit corporation is any corporation that cannot distribute its free cash flow to the Corp's shareholders, leaders, and/or members.
Those employers who operate in the private sector can be divided in two groups.
Operational businesses are the ones that generate profits that are sufficient to operate. These employers don't depend on external financing.
The rest of businesses are startups. They are still in search for their sustainable business models. Startups are usually enterprises in the early stages of operations. Commonly, they seek to solve a problem or fill a need. Startups don't generate enough profits from sales and depend on external funding.
Some startups employ thousands of workers. Uber, Tesla, and WeWork are some of those employers. There is no definite rule for what makes startups startups. Often, a business is considered a startup until they stop referring to themselves as a startup.

Staffing Firms is the successor lectio.

Quiz