An employee is an individual who works for an employer who dictates not only what tasks the individual performs but also how those tasks are accomplished. Employers are usually responsible for paying Social Security taxes, withholding income taxes, and providing any obligatory employee benefits.
Relocation service refers to specialized companies that arrange and manage the relocation of employees from one city to another. These companies typically take charge of selling the employee's existing home, purchasing a new home, and may include services like furniture moving.
Vesting is the process through which an individual earns the right to assets or benefits, usually over a specified period and under clearly defined conditions.
