Those companies experiencing a decline will sometimes lay off the employees, however, if there is an agreement to sustain certain employees in the company, the firms would be forced to make an optimal decision wages. Therefore, labor unions find difficulty in the enforcement of the interests of some employees in
Relocation of manufacturing and outsourcing continues to be a contentious issue as companies seeks to maintain profit margins and reduce costs as well as receive incentives to locate production in specific areas. There is also pressure for companies to show social responsibility. 2.2.2
CSR is important for the multinationals to perform in foreign countries because of the growing competition and other challenges that are faced by an organization; the management theory is used as a tool to encounter such challenges ( Ismail, 2009). Donaldson (1989, cited in Secchi, 2007 :359) CSR also acts upon the firms managerial decisions when there are problems such as clashes, protests and strikes, these lay down the moral values, above profit maximization. Managerial theories performance depends on stakeholders trust, co operation and acceptance. Garrige and Mele ( 2004) Detomasi( 2008) were all of a view that social power drives the social responsibility as the corporation is a corporate citizen, who has investment in the community. Davies (1960) stated that CSR is a political power and therefore must be used responsibly as a business is social institution; its power comes from both within and outside.
Throughout my report I will seek to investigate the pros and cons of operating a contingent workforce. I will look at how it affects the landscape of an organisation and the impacts it has on retaining a competitive advantage. I will also look at whether it is best practice from a Human Resource (HR) point of view and how HR can best manage to retain the knowledge these individuals have and are given while working with an organisation. A contingent workforce can be defined as ‘Is a provisional group of workers who work for an organization on a non-permanent basis, also known as freelancers, independent professionals, temporary contract workers, independent contractors or consultants.’ Wikipedia Contingent workers are no longer viewed as just ‘temporary workers’ who are used to back fill permanent employees, or brought in during busy periods in different industries. They are now viewed as skilled individuals with a wide range of transferable skills who can diversify and adapt their skill set depending on the industry they are placed in.
In that direction, Bourdieu (1984/2010:222) introduces some factors on the historical materialism’s understanding of the labor market: for the author, beyond the differences between the owners of means of productions and the labor suppliers, the analysis must contemplate how rare a post is, the advantages (material and symbolic) it rewards and the qualifications it demands in order to assess how long a job supplier can endure a strike or individual withdraw and how far a worker can refuse a job position based on the worker’s individual characteristics (age, family, qualifications and vulnerabilities). These characteristics from both sides are determinants on social and labor relations and are deeply influenced by capital composition, social trajectory and context. Social class, thus, is not only a result of relations of production, but by “the class habitus which is normally associated with that position” (Bourdieu, 1984/2010: 373). For this reason, occupation, age, exposure to culture, educational qualifications and capital composition have a direct effect on personal ambitions, taste, consumption (consequently, habitus) and this is reflected on a person’s perception of class belonging and his/her position on the social
With the LRA of 1995, labour brokers or TES continued to be considered the employer, but both the agency supplying the workers and the client enterprise was now jointly and severally liable for breaches in labour law, except for unfair dismissals and breaches of contracts of employment. The rationale was that by making both parties jointly and severally liable workers would have some form of protection. However, instead of regulating these relationships, there is evidence that it encouraged the growth of permanent
In addition, FTA may cause unemployment. With the removal of trade barriers, unemployment may occur in the short term. This can give influence upon large numbers of workers, their families and local economies. Often it can be difficult for these workers to find employment in growth industries and government assistance is
Most multinational construction companies working in developing countries, particularly in the Middle East have been facing problems in the management and execution of the work. A major challenge to undertake projects in these countries is to effectively adapt to their culture. Cultural differences greatly affect project performance. Therefore, for an international project to succeed a single strategy should be adopted to resolve issues related to cultural diversity. This report basically describes a strategy to be adopted for; identify the impact of cultural diversity on individuals working in a different cultural environment; individual selection criteria to operate in different cultural environments.
Section 4: The Role of HRM (i) Human Resource practitioners face several issues within a recessionary environment. These issues include staffing, pay and benefits, industrial relations, the role of the HR function, unions and a disruption in the patterns of work and employment. During a recessionary period staffing is normally affected. Organisations will try to reduce costs of the organisation. One way of achieving this is through staffing.
Therefore, the scope of legal due diligence will differ and pose different challenges to those of large multi-nationals. In terms of the scope, it’s important to pay extra attention to regulated industries. Highly regulated industries have intricate regulations and they, therefore, demand extra control of the risks. You also need to be extra cautious when dealing with hot industries – in the current climate, cryptocurrency is an industry that requires a deeper scope of legal due