Employment

ABHISHEK
Contents
Introduction
Overview of Employment in Nepal
Process
Employment
relationship between two entities (employer and employee)
mostly under a contract
hired to do specific job
compensated(paid mostly) in exchange of job performed
Employment in Nepal
1990 to 2000

sharp decline in industrial growth, moderate growth in agriculture and service sectors
attained tolerable levels of inflation until prices of food grains rose sharply in 2008
poverty and no unemployment benefits causing very few being able to remain unemployed
due to the absence of proper employment,people had to get a job to make out a living
making brain drain a prominent problem
low productivity and earnings (the so-called-working-poor)
2000 to 2015

the labor force grew at annual rate of 2.6 percent while employment grew at the rate of 2.22
percent per annum
open unemployment has gone up from 1.8 percent to 2.1 percent
over 300,000 (400,000 another estimate) people entering the labor force every year
study puts the requirement of generating 500,000 productive employment per year
Process
Finding Job or Job Seekers
via websites, newspapers or using a Vacancy Sign leading to job interview
Signing a contract
Training and Development
making the new recruit do the job and help him/her to grow
Ending
according to the contract, which has/shows the responsibilities of both entity
such as the notice time, security measures, formal letter etc. or it could be tenure
laying off is also another process of terminating the job