Last modified by Artur K. on 2026/05/29 14:28

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edited by Helena K.
on 2026/01/15 21:56
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To version 2.3
edited by Helena K.
on 2026/01/15 21:54
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92 92  
93 93  15. //Type of economic risk// refers to the extent to which the worker may: (1) be exposed to the loss of financial or other resources in pursuance of the activity; and (2) experience unreliability of remuneration in cash or in kind or receive no remuneration.
94 94  
95 -16. Economic risk may be measured operationally by considering:
95 +Economic risk may be measured operationally by considering:
96 96  
97 -* (a) the existence and nature of remuneration for the work performed;
98 -* (b) the circumstances in which the job or work activity may be terminated; and
99 -* (c) the extent to which the worker is protected in the event of sickness, accident, or termination of the job.
97 +* the existence and nature of remuneration for the work performed;
98 +* the circumstances in which the job or work activity may be terminated; and
99 +* the extent to which the worker is protected in the event of sickness, accident, or termination of the job.
100 +* In statistics on employment, the type of economic risk is used to classify workers as //in employment for profit //or// in employment for pay //based primarily on the nature of the remuneration for a particular job. The aspects of the nature of the remuneration taken into consideration include whether or not remuneration is received or expected: 
101 +** in the form of profit (and therefore also entails the risk of loss);
102 +** based on time worked;
103 +** by the piece for the goods produced or services provided; or
104 +** as a fee for the production of goods or provision of services.
100 100  
101 -17. In statistics on employment, the type of economic risk is used to classify workers as //in employment for profit //or// in employment for pay //based primarily on the nature of the remuneration for a particular job. The aspects of the nature of the remuneration taken into consideration include whether or not remuneration is received or expected:
106 +Workers in employment for profit
102 102  
103 -* (a) in the form of profit (and therefore also entails the risk of loss);
104 -* (b) based on time worked;
105 -* (c) by the piece for the goods produced or services provided; or
106 -* (d) as a fee for the production of goods or provision of services.
108 +//Workers in employment for profit// are employed persons whose remuneration is directly and entirely dependent on the profit or loss made by the economic unit in which they are employed, including remuneration in cash or in kind by way of a commercial transaction for goods produced or services provided. They do not receive a wage or salary in return for time worked.
107 107  
108 -=== Workers in employment for profit ===
110 +Owner-operators of corporations are excluded from workers in employment for profit. While they are exposed to economic risk related to the potential for loss of investments made in the corporation, the risk is mitigated due to limitations of liability when corporations are separate legal entities from the persons who own them. They may receive a wage or salary whether or not the corporation is making a profit and may also be in receipt of payments deriving from profits.
109 109  
110 -18. //Workers in employment for profit// are employed persons whose remuneration is directly and entirely dependent on the profit or loss made by the economic unit in which they are employed, including remuneration in cash or in kind by way of a commercial transaction for goods produced or services provided. They do not receive a wage or salary in return for time worked.
112 +Workers in employment for pay
111 111  
112 -19. Owner-operators of corporations are excluded from workers in employment for profit. While they are exposed to economic risk related to the potential for loss of investments made in the corporation, the risk is mitigated due to limitations of liability when corporations are separate legal entities from the persons who own them. They may receive a wage or salary whether or not the corporation is making a profit and may also be in receipt of payments deriving from profits.
114 +Workers in employment for pay are employed persons who receive, or expect to receive, remuneration in cash or in kind, in return for time worked or for each piece or service produced. They include both employees and owner-operators of corporations who hold a job in an incorporated enterprise which they own and control.
113 113  
114 -=== Workers in employment for pay ===
115 -
116 -20. Workers in employment for pay are employed persons who receive, or expect to receive, remuneration in cash or in kind, in return for time worked or for each piece or service produced. They include both employees and owner-operators of corporations who hold a job in an incorporated enterprise which they own and control.
117 -
118 118  = The International Classification of Status  in Employment (ICSE-18) =
119 119  
120 120  The International Classification of Status in Employment (ICSE-18) classifies jobs in employment for pay or profit into ten detailed categories based on the concepts of type of authority and type of economic risk described above. These categories may be aggregated according to two alternative classification hierarchies: the //International Classification of Status in Employment according to type of authority (ICSE-18-A) //and the //International Classification of Status in Employment according to type of economic risk (ICSE-18-R).//
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