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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Chapter 16: Labour Relations Labour union: an officially recognized association of employees practicing a similar trade or employed in the same company or industry who have joined together to present a united front and collective voice in dealing with management. -the purpose of unionization are to influence HR policies and practices that affect bargaining unit members such as pay and benefits. Labour- management relations: the ongoing interactions between labour unions and management in organizations
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CHILD L ABOUR IN INDIA Economics of Child Labour A case study of the glass bangle industry BACKGROUND Child Labour The glass manufacturing industry in Ferozabad‚ Uttar Pradesh‚ produces bangles‚ utensils‚ bulbs‚ decorative articles etc. The glass industry has been classified as hazardous and the employment of child labour (children below age 14 years) in it is prohibited. However‚ available research and literature indicated that child labour was concentrated mainly in the production
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2012 Labour Economics: Essay topics 1. “A number of factors impacted negatively on the South African labour market between 1900 -1922.” Give a concise outline of those factors. Briefly describe some the conflicts that resulted. 2. Write an essay discussing the motivation and methods for creating the colour bar in the South African labour market during the first half of the 20th century. 3. “The Labour Relations Act of 1995 makes it possible for Employers and Trade Unions to operate
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CHILD MARRIAGE IN INDIA: Definition: Child marriage means that two children are forced to marry each other with the consent of the two families. The children are forced into the institution of marriage without knowing about its significance in the long run. Though parents are of the opinion that they involve their children in such rituals because it is an age old custom and it will also secure the future of their children but the reality is not so. Though in some cases parents believe in such superstitions
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dignity or would lower him in the eyes of others. The dignity of labour means that every kind of work is dignified. It also implies that dignity can be achieved only by hard work. The dignity of labour does necessarily cover manual labour I.e.‚ physical labour or work done with hands. Great men have said that work is worship. The spirit of the dignity of labour has been niilpluccd in India. There is a very wrong notion that labour or manual work is not meant for urban educated‚ rich and intellectual
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other country ( or city ) in an attempt to find at least a temporary or a better paying job. Actively taking place all over the world the process of internationalization of production is accompanied by the internationalization of the labor force. Labour migration has become part of international economic relations. Migration flows rushing from one region and country to another . Giving rise to some problems ‚ labor migration provides clear benefits to countries hosting the workforce and delivering
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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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What causes the Division of Labour? You can point to one very important cause‚ the society. Society creates class which leads to class-wars within individuals when there is labour is distributed. As we know when we think of modern industry we think of the capital and the division of labour as well as powerful machines and forces. Occupation is not only separated inside the factors but as mentioned in the text each product itself has a speciality dependent upon others. Agriculture was looked as an
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STUDY TO ANALYSE THE LABOUR WELFARE SCHEMES OF ARIHANT SPINNING MILLS SUMMER TRAINING REPORT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DEGREE OF MASTER OF BUSINESS ADMINISTRATION SUBMITTED BY AISHA CHOWDHARY M.B.A. (H.R.) 1173895 Department of Business Administration GURU NANAK DEV ENGINEERING COLLEGE LUDHIANA‚ PUNJAB DECLARATION I hereby certify that the work which is being presented in the project entitled “TO ANALYSE THE LABOUR WELFARE SCHEMES OF
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