Alp Case Study
Critically evaluate the following statement
The wages policy adopted by the ALP Federal Government is a hybrid of theoretical approaches and aims to benefit the interests of both employers and wage and salary earners. This approach has not achieved its aims.
The ALP government has adopted a multifaceted approach to constructing an outline to wage and salary setting. The movement to “collective agreement making will be available under the ALP proposal,” (Retail Times 2008) which means that individual agreements will be abolished, which was part of the policy for WorkChoices under the liberal government.
There are clear differences between the two theories, Neoclassical and Institutional, both of which can be argued are present within …show more content…
Having constraints on the market and the capacity for slight individual bargaining could be detrimental, “Competition in labour markets was promoted through deregulation (or altered regulation in favour of less centralised wage setting arrangements) and the reduction in the monopoly power of trade unions.” (Lecture notes week 3 slide …show more content…
These include the continued centralisation of the labour market and the abolishment of the individual awards.
The policies adopted by the ALP in theory will potentially benefit the interests of both the employers and employees, although it is not possible to benefit everyone in all aspects. With employers having to pay more to the employee for minimum wage, their rights within the workplace and accommodating to the safety net imposed by the ALP party, it could be seen as detrimental for the employer. Evidently with the composition of the hybrid system it does aim to benefit both the employee and the employer.
Nevertheless as stated by (Buchanan, Van Wanrooy, Oxenbridge, Jakubauskas 2008 p.15) “our institutional arrangements involving awards working in conjunction with collective agreements offer major strengths and dynamism necessary for flourishing in the future.” The overall outcome for the labour market could markedly be a profitable system for both the employee and employer with the proposed hybrid approach at this point in
The wages policy adopted by the ALP Federal Government is a hybrid of theoretical approaches and aims to benefit the interests of both employers and wage and salary earners. This approach has not achieved its aims.
The ALP government has adopted a multifaceted approach to constructing an outline to wage and salary setting. The movement to “collective agreement making will be available under the ALP proposal,” (Retail Times 2008) which means that individual agreements will be abolished, which was part of the policy for WorkChoices under the liberal government.
There are clear differences between the two theories, Neoclassical and Institutional, both of which can be argued are present within …show more content…
Having constraints on the market and the capacity for slight individual bargaining could be detrimental, “Competition in labour markets was promoted through deregulation (or altered regulation in favour of less centralised wage setting arrangements) and the reduction in the monopoly power of trade unions.” (Lecture notes week 3 slide …show more content…
These include the continued centralisation of the labour market and the abolishment of the individual awards.
The policies adopted by the ALP in theory will potentially benefit the interests of both the employers and employees, although it is not possible to benefit everyone in all aspects. With employers having to pay more to the employee for minimum wage, their rights within the workplace and accommodating to the safety net imposed by the ALP party, it could be seen as detrimental for the employer. Evidently with the composition of the hybrid system it does aim to benefit both the employee and the employer.
Nevertheless as stated by (Buchanan, Van Wanrooy, Oxenbridge, Jakubauskas 2008 p.15) “our institutional arrangements involving awards working in conjunction with collective agreements offer major strengths and dynamism necessary for flourishing in the future.” The overall outcome for the labour market could markedly be a profitable system for both the employee and employer with the proposed hybrid approach at this point in