The fixation of wages bind the company to pay the workers the minimum amount as the government has fixed. Such situations might contribute in increasing the costs of employers thus causing them to make adjustments otherwise. For instance, the employers can choose to adjust this cost by reducing the hiring of workers, reducing the working hours, minimising the benefits and allowances and charging higher prices in return to compensate the cost incurred. A number of policy makers are on the view that companies cope with the fixation of minimum wages and increase in the minimum wages by compromising on the profits but in most of the situations, this is not the case. In order to maintain their net earnings, the business look for a number of alternatives, that includes cutting employment and making other similar decisions.
However, there are some people who disagree with this point of view because they believe competition leads to a focus only on winning. Workplace competition is not always positive, it can create unhealthy rivalries that result in workers resenting one another, which is especially true if one person or team always wins the competitions. This can result in a gap between the "haves" and "have nots" that may prove to be unhealthy in internal work relations. Competition can also create undue stress that may actually prove to be counterproductive to some workers efforts. Some workers don 't perform well under pressure and are actually more productive when the work environment allows for a more easygoing approach to getting work done.
Jobs can be stressful mentally, physically, and emotionally but at the same time jobs provide income, purpose, and relationships with others. While we have to understand the meaning of work design, we also have to understand the meaning of job resign and what it means within an organization. Ivancevich,
By the government raising minimum wage, this will force owners to compensate with their employees. This could result in letting employees go, giving employees very limited hours or cutting down the owners pay. Whichever way it goes, this is a downfall to the economy because people will end up losing their jobs, businesses will lose money which would decrease total profit and it could result in the closing of businesses and
Therefore, the employers should study the pros and cons of adopting FWA, and how is it going to affect the productivity of the employees in the business. As we discussed the pros of READ adopting FWA earlier, we come to discuss the cons of it. - To begin with, business owners and managers need to recognize that flexible work arrangements are not always appropriate for all people, jobs, or industries. In some jobs or industries FWA can turn out to be catastrophic while it decreases productivity immensely. - Another challenge that could be faced by employers adopting FWA is if the employees weren’t willing to adapt to such changes or weren’t able to resist any non-work temptations.
Also, due to the agreement, employees will not leave as quickly, therefore protecting the investment the employer has put into the employees. The cons from employers’ perspective: • Having a non-compete agreement might accelerate an employee decision to leave the company. • Non-compete agreement might increase the risk of the company to be involved in a legal battle. For example: The battle may be over the restrictions of the agreement being too broad. • Legal courts might not like unfair non-compete agreements which constrain an individual’s right to work.
They may want that new experience in order for them to grow, or to find better jobs, or as a preparation for promotions. This fault as a negative is a fault on how some people think. After all of these, Job Rotation programs that are aimed for the improvement of all employees to reduce boredom, increase knowledge and experience could still be difficult to unaware, under-informed, and unprepared employees and will become a problem for them if they aren’t educated for their own good. Job rotation is overall a good thing for employees however, if this is the only problem, then companies should do seminars, orientations and programs that helps their employees get the idea, get informed and stop their conventional thinking about things. Reducing boredom, increasing work experience, cultivating job knowledge and exercising more theories learned from college to work are indeed things that job
Employers have no choice but to make decisions with unions in order to maintain abundance. But there are also cons to unions. One con is union negotiations can lead to wages and other associated costs being boosted to unreasonably high levels. Another con is union protection makes it harder for employers to discipline, terminate, or even promote employees. Last but not least is unions promotes workplace hostility rather than workplace cooperation and collaboration.
Definitions of job performance ranges from general to specific aspects and from qualitative to quantitative dimensions. Initially, researchers are trying the possibility to define and measure job performance. However, it is sufficient that they started work to realize the dimensions of a job and its performance. In these days it is commonly agreed that job performance have complicated series of interacting variables which have different aspects of the job, the employee and the
Even if individuals gain employment after being unemployed, they can be scared of losing their job once again. High unemployment even has some spill over effects that negatively affects everyone, even those who are employed. The results of high unemployment can be seen at the individual level but also the macroeconomic level, meaning that national unemployment correlates negatively with the national