A commission is a fee or remuneration paid in return for services rendered. Commission is often calculated as a percentage of the total transaction; a commission can be separate and in addition to fixed wages, or it can be the sole form of compensation, known as straight commission.
The compensation committee is a committee composed of a company’s board of directors in charge of reviewing and approving the compensation of a company’s officers.
The term competent is used in various legal contexts, including procedure, evidence, and employment. More generally, it refers to the ability to act in the circumstances, including the ability to perform a job or occupation, the capacity to reason, or to make decisions.
Constructive means something is legally declared, even if not technically true in a given case. Lawmakers and judges can decide to make things constructively true so that the intent of the laws cannot be easily thwarted by a loophole or lack of personal responsibility.
Constructive discharge occurs when an employee quits their job in response to working conditions that are so poor that no reasonable person would stay. Like other “constructive” variants, constructive discharge functions in the eyes of the law as if the employee was terminated.
“The course of employment” generally arises when determining whether an injury caused by an accident is compensable under a workers’ compensation system. The accident must “arise out of employment” and occur “in the course of employment.”
“In the course of employment” refers to the time, place, and circumstances under which an accident occurred. An accident occurs “in the course of employment” when it occurs
A covenant not to compete, also called a "noncompete agreement" or "non-compete clause" - is an agreement where one party promises not to engage in conduct that would increase competition for the other party for a specific period of time. This conduct typically includes divulging trade secrets / privileged information obtained while working under that employer or entering employment with the employer’s direct business competitor.
