employment relationship vs employment bond

Both 'employment relationship' and 'employment bond' are correct phrases, but they are used in different contexts. 'Employment relationship' refers to the connection between an employer and an employee, encompassing rights, responsibilities, and expectations. On the other hand, 'employment bond' typically refers to a financial agreement where an employee commits to staying with the company for a certain period or else pay a penalty.

Last updated: March 27, 2024 • 891 views

This phrase is correct and commonly used in English.

"employment relationship"

It refers to the connection between an employer and an employee, including the rights, responsibilities, and expectations that exist between them.

Show examples from the web [+]

Concept of 'temporary contract or employment relationship'
The Commission cannot accept Amendments Nos 36 and 61 which extend judicial protection to all cases where discrimination takes place after termination of the employment relationship.
This amendment covers the obligation of paying indemnities on termination of the employment relationship.
Once this general framework is adopted and widely applied, the specific rules on collective redundancies and transfers of undertakings will make sense; first of all, because crises in the employment relationship like these would in many cases have been prevented.
Council Directive 91/533/EEC applies to every paid employee having a contract or employment relationship defined by the law in force in a Member State.
To this end, the directive states that every employee must be given a document containing information on the essential aspects of the contract or employment relationship.
Acceptance of an employment relationship in another Member State therefore has no (or only minimal) adverse effect on the social security status of the worker concerned.
Outstanding remuneration and other work-related financial entitlements to be paid back should therefore be equal to those which would have been enjoyed by comparable workers in a declared employment relationship.
This Directive applies to entitlements arising out of voluntary and compulsory supplementary pension schemes on the basis of an employment relationship.
during the first four weeks of the employment relationship
of outgoing workers in a supplementary pension scheme linked to an employment relationship
or severance pay due to workers on termination of the employment relationship
after the employment relationship has ended.
This Directive does not apply to individual pension arrangements, other than those concluded through an employment relationship.
2. The minimum period of paid annual leave may not be replaced by an allowance in lieu, except where the employment relationship is terminated.
- the three-week period of paid annual leave may not be replaced by an allowance in lieu, except where the employment relationship is terminated.
The management team is hired from the county authorities for an indefinite period of time and thus do not have contractual employment relationship with the NDLA.
The Directive should apply only to insurance and pensions which are private, voluntary and separate from the employment relationship.
Workers made redundant and self-employed persons whose activity has ceased should have equal access to the EGF independently of their type of employment contract or employment relationship.
This Directive shall be without prejudice to national law as regards the definition of contract of employment or employment relationship.

Alternatives:

work relationship
job connection
employment association
labor partnership
professional affiliation

This phrase is correct but less commonly used than 'employment relationship'.

"employment bond"

It typically refers to a financial agreement where an employee commits to staying with the company for a certain period or else pay a penalty.

Show examples from the web [+]

Employment is not promoted when small investing enterprises are taxed disproportionately more than those tinkering speculatively in shares, bonds and financial derivatives.
The currency and term of the corporate bonds or government bonds shall be consistent with the currency and estimated term of the post-employment benefit obligations.
There is uproar in Greece over the financial scandal involving the 'secret bond' in which the Greek press has implicated the name of the Minister for Employment (and a Commission official on leave), Mr Savvas Tsitouridis.
The rate used to discount post-employment benefit obligations (both funded and unfunded) shall be determined by reference to market yields at the balance sheet date on high quality corporate bonds.
The rate used to discount post-employment benefit obligations (both funded and unfunded) shall be determined by reference to market yields at the end of the reporting period on high quality corporate bonds.
With this, the Commission aims to protect women's employment rights, give women sufficient time to recover from birth and bond with her child, and allow women to be financially secure during the maternity leave.

Alternatives:

job bond
work commitment
employment agreement
service obligation
labor contract

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employment relationship vs employment bond