master, n. 1. One who has personal authority over another’s services; specif., a principal who employs another to perform one or more services and who controls or has the right to control the physical conduct of the other in the performance of the services; EMPLOYER (the law of master and servant). [Cases: Master and Servant […]
benefit, n. 1. Advantage; privilege (the benefit of owning a car). 2. Profit or gain; esp., the consideration that moves to the promisee (a benefit received from the sale). — Also termed legal benefit; legal value. Cf. DETRIMENT(2). death benefit. (usu. pl.) A sum or sums paid to a beneficiary from a life-insurance policy on
stock bonus plan. A special type of profit-sharing plan in which the distribution of benefits is in the form of the employer-company’s own stock. [Cases: Corporations 308(1). C.J.S. Corporations §§ 490, 530–531, 533, 536.]
employee. A person who works in the service of another person (the employer) under an express or implied contract of hire, under which the employer has the right to control the details of work performance. — Also spelled employe. Cf. AGENT(1); INDEPENDENT CONTRACTOR. [Cases: Master and Servant 1. C.J.S. Apprentices §§ 2, 11; Employer–Employee Relationship