If the company has low skilled employees than they will not be making the most out of their assets because there will be more wastage in production, this can result in an increase in the amount being able to provide to the public. If production levels fall then the company will make less money because they will not be able to see as much to the public as they could if they did have highly skilled workers. Therefore it is important to review the workforce plan constantly to understand when more highly skilled workers will be needed. External The fact that the current market has a global shortage of mining professionals does cause a problem to the company’s long term projects. This is because the company will need highly skilled workers to maximise production without a large range to choose from.
More importantly, it hurts the lives of the many people that were working for Hostess. They can't make a living without a job, without a job they wouldn't have the money to pay for their bills or even their house and might even add to the growing population of homeless people. It would also hurt the states in which the bakeries or plants were shut down. Also, the liquidation affects the people who love Hostess, people who grew up with Hostess, and the new-coming babies that won't be able to enjoy any of their products anymore. The Union is supposed to help the economy, not take away businesses that will help it.
On the other hand there that middle class of poor that knows nothing about the system or doesn’t have the resources to get a good lawyer they are screwed completely ruin your life and affecting some people around you. Several contemporary concerns impacting criminal justice professionals are, stress, finances, the economy, their family and friends, health and job security. I say stress because so many things can stress a person out this line of work. It can be the hours of the job, the clients, the court cases, etc. Finances can be a major worry especially if your budget is tight and so is your money.
The LFS limits the accuracy of the calculation of the unemployment rate because it results in the issue of “underemployment” or “underutilisation” meaning that people are able and willing to work more hours, however are unable to do so due to the lack of demand from firms for workers to work additional hours. 4) Suppose a firm decides to pay its employees “efficiency wages” that are much higher than in other comparable firms. What may be the reasons for this and
Many workers fear losing their jobs because of the fact that finding another will be a hustle for them. Due to this firms take advantage and overwork their workers without extra
The cause of the problem was that owners were selfish and very greedy. Most of the people at that time were not educated. As a result, workers went on strikes for higher wages and safer working conditions, but the owners were not going down with
This is a potential reason for the high turnover rate, as low-level employees are more likely to be transient. The results also showed that the majority of the sample was more dissatisfied, than satisfied with company operations. The qualitative data showed more negative responses (1 and 2) versus positive or middle ground responses. Employees feared losing their job and felt they were not being compensated fairly. Also, the majority of the employees surveyed did not enjoy their assigned shift nor did they feel they were given the proper tools to perform their jobs effectively.
Low-wage workers struggle to pay rent In a forty-hour work week, no minimum wage worker makes enough to reasonably afford a two-bedroom unit at fair market-rent. This is due to the economy being so high and minimum-wage not increasing with the times. The ones that suffer from this situation is low-wage workers, and people just getting a job to try and survive in an expensive society. Studies show that a minimum-wage worker needs two jobs just to be able to afford a two-bedroom unit, and the basic utilities that come with it. The interpersonal needs of this situation are mainly to raise minimum-wage to nine dollars an hour, or maybe lowering rent prices.
However, many people believe that an increase in minimum wage would jeopardize the workforce. If minimum wage was increased, then unskilled workers would not have any incentive to “go above and beyond” to get higher pay. This would lead to employers thinking the payment the employee is receiving is not worth the work they are doing. Also, some employers may not do an “across the board” increase, which means employees who have been with the company longer may be making the same amount as new hires. Therefore, this may cause disputes between employers and employees.
Along with these dreadful wages and hours there were poor working conditions. The working conditions were the main cause for the strikes. There were improvements being made throughout the time period. “The working people find that improvements are constantly being made, and unless a strike, the improvements will all go to the employer…” (Doc I). As stated, without the laborers performing a strike the improvements would just benefit the employers and the employees had to work for every little thing they got.