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
Premium Employment Welfare Occupational safety and health
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
Premium Fair Labor Standards Act Employment Layoff
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
Premium Supply and demand Labor Employment
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
Premium Law Appeal Trade union
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
Premium Welfare
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
Premium Employment
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
Premium Supply and demand
1. What is Labour Economics? Labour Economics may be defined as a study of wages and employment in the labour market‚ and the distribution of income among individuals and households. Labour Economics looks at * Labour market processes * Size of the labour force * Trade Unionism * Labour Legislation * Factors affecting employment/ unemployment/underemployment * The demand and supply of labour 2. Law of Derived Demand. Explain Marshall’s law of derived demand states
Premium Unemployment Supply and demand Economics
Background Of Foreign Labour in Singapore Since the day Singapore gained independence‚ the growth of the economy had been advancing tremendous over the past four decades. The influx of foreign labour has been playing an important role towards the Singapore economy. Even up to today‚ Singapore‚ itself with scarce resources‚ could only rely on human resource to sustain the economy growth. With a tightening labour market and a low unemployment rate‚ this gradual increase in foreign labour had been making
Premium Supply and demand
When looking back on the “Child is a Criminal or Criminal is a Child” assignment‚ I believe that my views have not changed from the views I possessed early on in this course. The views I had were actually solidified throughout this course in learning more about the juvenile justice system. I favored the “criminal is a child” model of approaching juvenile crime in the original essay and the key point noted was that juveniles are a product of their environment and should not be punished on a standardized
Premium Crime Criminology Juvenile delinquency