Dignity of Labour: “Shouldn’t an honest and descent job be enough?” “Work is work”; no work is superior or lower in itself. It is absolutely wrong to consider any work as high or low. The work itself is a dignity and every work has some dignity attached to it. The meaning of dignity of labour every kind of work is dignified. It also implies that dignity can be achieved only by hard work. All types of jobs are respected equally‚ and no occupation is considered superior. Dignity of labour indicates
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hild labour refers to the employment of children at regular and sustained labour.This practice is considered exploitative by many international organizations and is illegal in many countries. Childlabour was utilized to varying extents through most of history‚ but entered public dispute with the advent of universal schooling‚ with changes in working conditions during the industrial revolution‚ and with the emergence of the concepts of workers’ and children’s rights . Seventy-three million children
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company’s present employees and equipment can produce all five products. b. The direct labor rate of $8 per hour is expected to remain unchanged during the coming year. c. Fixed costs total $520‚000 per year. Variable overhead costs are $2 per direct labor-hour. d. All of the company’s nonmanufacturing costs are fixed. e. The company’s finished goods inventory is negligible and can be ignored. Required: 1. Determine the contribution margin per direct labor-hour expended on each product
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Flexible Labour Markets. - Benefits and Disadvantages Flexible labour markets involve a minimum of government intervention‚ they are labour markets which work efficiently and are competitive. Many supply side economists argue flexible labour markets are of great importance in reducing unemployment and improving the competitiveness of the economy. Advantages: 1. Opportunity to exploit 24-hour economy 2. Contributes to an improvement in the inflation-unemployment trade off 3. Flexible wages
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LABOUR IMPERIALISM IN LABOUR DAY Today is September the first it means today is Labour Day in the USA‚ but What are labourers doing now? Are they relaxing or going somewhere with their family or friends for resting? The answer will be very Easy. No. Maybe the reason is about words‚ “Yes” or “No”. As you see No has only two letters and it can get out in easy way. Unfortunately They are working not all of them but most of them. It is not very long time for me to live in the Dream Country‚ USA. I
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of their normal childhood like us. They cannot go to school or play with their friends like we do. They are denied opportunities for growth‚ development‚ learning etc. They are subjected to hard labour with meager wages. What is the reason for this? Poverty!‚ yes poverty is the main reason for Child Labour in India and in many developing countries. Children have to work all through the day and many times during night to feed themselves and to support their family. Most parents of these children are
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In human resources context‚ turnover or staff turnover or labour turnover is the rate at which an employer gains and loses employees. Simple ways to describe it are "how long employees tend to stay" or "the rate of traffic through the revolving door". Turnover is measured for individual companies and for their industry as a whole. If an employer is said to have a high turnover relative to its competitors‚ it means that employees of that company have a shorter average tenure than those of other companies
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"modern states regard education as a legal duty". and compulsory primary education is the policy instrument by which the sates effectively removed children from the work force. in India‚ child labour persists on a significant scale.Child labour is neither illegal nor is schooling compulsory.child labour usually refers to children up to the age of 14‚ following the ILO(international labour organisation) convention. It resolution on age of the employment‚concerning age for admission to the employment
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......3 2. TERMINILOGY OF CHILD LABOUR-FURTHER ANALYSIS………………………………3-4 3. CAUSES OF CHILD LABOR…………………………………………………………......................4 4. SUPPORTING IDEAS OF ANOTHER VIEW ABOUT CHILD LABOR …………………4-5 5. CONCLUSION-OUR OPINION………………………………………………………………………….. 6. REFERENSES………………………………………………………………………………………………….5 CONTENTS 7. INTRODUCTION………………………………………………………........................................4 8. TERMINILOGY OF CHILD LABOUR-FURTHER ANALYSIS………………………………4-5 9
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Ronald Coase noted‚“The cost of doing anything consists of the receipts that could have been obtained if that particular decision had not been taken.” For example‚ the opportunity set for this Friday night includes the movies‚ a concert‚ staying home and studying‚ staying home and watching television‚ inviting friends over‚ and so forth. The opportunity cost of taking job A included the forgone salary of $102‚000 plus the $5‚000 of intangibles from job B. Opportunity cost is the sacrifice of
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