The International Labour Organization The International Labour Organization (ILO) is devoted to advancing opportunities for women and men to obtain decent and productive work in conditions of freedom‚ equity‚ security and human dignity. Its main aims are to promote rights at work‚ encourage decent employment opportunities‚ enhance social protection and strengthen dialogue in handling work-related issues. In promoting social justice and internationally recognized human and labour rights‚ the organization
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The 12 labours of Hercules “The Labours Of Hercules” one of the most well known stories from Greek history. A story about a boy that grew into greatness. Son of Zeus‚ god of the sky‚ and Alchmene‚ granddaughter of Perseus. Hercules had never felt as much sorrow as he did on the day Hera‚ the goddess of marriage and his jealous step mother‚ had finally paid him a visit. She drove him mad making him kill his family. He instantly fell into grief when he had regained control of his mind after Hera
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Summer Activity Several businesses‚ such as Primark and Nestle‚ have been accused of being unethical in recent years. Do you think it is essential for managers to take ethics into account consideration when making business decisions nowadays? Justify your answer with reference to Primark‚ Nestle and other businesses that you know. (40 marks) Business ethics refer to what is regarded as right or wrong in relation to business behaviour. I think that managers should worry about ethics as it may
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APPROACHES TO LABOUR WELFARE INTRODUCTION: The various approaches to labour welfare reflect the attitudes and belief of the agencies‚ which are‚ engages in welfare activities. Welfare facilities may be provided on religious‚ philanthropic or some other grounds. Moreover‚ the different approaches to labour welfare reflect the evolution of the concept of welfare. In the bygone days‚ the government of the land had to compel the owner of the industrial establishment to provide such basic amenities
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Labor Cost Cutting Strategy In a sluggish economy‚ it is more important than ever for businesses to cut costs. Knowing how to reduce the cost of paying employees without reducing product quality‚ dropping employee morale or otherwise sacrificing the way you do business can be the difference between being in the red or the black at the end of the year. Stop the Overtime * Don’t pay overtime unless it is absolutely necessary. Remember that you must pay non-exempt employees 1 1/2 times their
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4 The Labour Market Context of HRM Chapter Objectives • To define internal and external labour markets • To outline the role of HRM as the interface between an organisation and its labour markets • To identify the changing labour market conditions under which contemporary organisations operate • To critically evaluate the implications for HRM of the ‘knowledge economy’ • To outline how labour market trends are impacting upon how organisations utilise labour and how HRM practices
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The Functions of the Labour Relations Commission in Ireland. · To provide a conciliation service. Conciliation is a procedure by which parties in dispute can meet to sort out their difficulties with the help of a third party · To offer guidance on codes of practice but only after consultation with union and employer organisations such as ICTU and IBEC. The codes of practice are not enforceable‚ but they can be taken into account by an equality officer or a rights commissioner in deciding
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is difficult in a global economy characterized by cut throat competition‚ increasing cost‚ expanding power of labour‚ rapid technological changes‚ growing customer expectations etc. Human resources are wealth of an organization which can help in achieving its goals. The problem of employees satisfaction is regarded as a very significant factor in workers morale‚ absenteeism and labour turnover. The amount of co-operation that management may deceive from the employees would depend greatly on the
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USEFUL TIPS ON LABOUR LAWS Composed by P.B.S. KUMAR B.Sc‚ M.A.(PM)‚M.A.(Ind.Eco.)‚MBA(HR)‚BGL‚LLD‚PGDIRPM APPRENTICES ACT‚ 1961 CHECKLIST Object of the Act Promotion of new manpower at skills. Improvement/refinement of old skills through theoretical and practical training in number of trades and occupation Applicability of the Act Areas and industries as notified by the Central Government Sec. 1 Apprenticeship Advisor Central Apprenticeship Advisor – when appointed by Central
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Elasticity of Labour Demand A firm always incurs a change in labour or capital. It is important for a firm to know the effects on the wage or capital increase since it would help the firm make accurate decisions. A change in wage would make an impact on the firms employment. When there is a wage cut‚ it reduces the price of labour relative to that of capital‚ and now labour is cheaper. However‚ when the wage increase the price of labour increases and the firm would substitute away from labour toward capital
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