Though hiring competent people for the job is essential but retention is still more important than hiring. There is no dearth of opportunities for talented and high performing employees and rather many organizations will be in race with each other looking for and poaching such employees. High rate of employee attrition is a warning signal for the management that something is wrong with the organization. In the present day of fierce global competitive environment it becomes very important for organizations to retain their high performing employees. The management should try to retain such employees because employee turnover involves huge costs.
For example, cultural feminists look to the different values associated with womanhood and femininity as a reason why men and women experience the social world differently. Other feminist theorists believe that the different roles assigned to women and men within institutions better explain gender difference, including the sexual division of labor in the household. Existential and phenomenological feminists focus on how women have been marginalized and defined as the “other” in patriarchal societies. Women are thus seen as objects and are denied the opportunity for self-realization. Gender Inequality: Gender-inequality theories recognize that women's location in, and experience of, social situations are not only different but also unequal to men's.
Collective bargaining an important part of the labor union movement is negotiation between employers and employees about terms and conditions of employment. Unions usually represented the employees, and the bargaining process would be involved with negotiations such as; wages, fringe benefits, working hours, job security and other matters that relate to working conditions. Unions today in the United States have lost the upper hand with bargaining power of wages and benefits for the U.S. worker. Prior to this decline, competition was low, laws favored unionization, and the workforce was predominately made up of the white male, blue collar worker. These factors have all changed and with it so did the ability for unions to collectively bargain effectively any longer.
Bobby Jones believes that by making the managers part owners of the company, they will be motivated to provided better service. Incentive problems exist because of conflicts of interest between employers and employees (Brickley, Smith, & Zimmerman, 2009). Incentive problems occur because the costs of exerting effort are borne by employees, whereas the gains go to the employer. To resolve discontent between employees and employers, employers can sell each employee the rights to his or her total output. When employees own their output, both the benefits and costs of exerting effort are internalized by employees and will result in better productive choices by the employees.
Remember that there are a number of labor laws that are mandatory but even if this is so, there is still a lot of people who tend to violate the rights of workers everywhere. One example of an employee’s violated rights is unfair dismissal. When it comes to this particular thing, you are dealing with a situation where a worker is fired for no reason or coerced into quitting his or her position. Aside from the obvious reason of not wanting to keep the same employee in the company roster of paid personnel, there are businesses that resort to this so that they will not have to provide any severance pay for a worker that they are planning on removing from the system. There have been plenty of instances when workers lost their jobs for reasons such as not having the right looks or being of a different race.
The term also refers to the care plan, to implement agreed ways of working when following the care plan. In the working setting you need an agreed way of working with the employer, to make sure that tasks are sustained correctly and completed. You have a contract with the employer but also the employer also has a contract with you. For example you have a duty to take care of the company by working; your boss has to take care of you as well. 2.
By violating any type of law a business could easily lose revenue and in major cases shut down forever. As managers make sure the company and its employees are abiding by these laws. As long as they are doing this, the company has a chance to succeed. Under the functional area of human resources are the human resources managers. These managers are responsible of the well being of the employees of the company.
Could this have been avoided? What causes violence in the work place? What can employers do to protect themselves, their companies, and the livelihoods of their customers and employees? Many organizations have come up with preventive trainings to help companies deal with such issues along with literature on how to tell if employees are becoming disgruntled and to handle a problem before it escalates. Violence in the work place will continue to be an issue as people are always bound to get upset once in a while, the job of the employer is to try to keep the employee in check and make sure he or she can control his or her anger.
Do you think compensation packages negotiated through collective bargaining agreements are a major cause of our inability to compete in many sectors of the international market? Do you agree or disagree with this statement? Explain using relevant organizational examples. What is Collective Bargaining? Once a union is established in a workplace, discussions begin between the union and the employer regarding a new labor contract which will govern the working relationship between the employer and all the workers in the bargaining unit.
* Culture values The pay system mirrors the company’s image and reputation. So a pay system the values that guide an employer’s behavior and underlie its treatment of employees * Social and political context Context refers to a wide range of factors, including legal and regulatory requirement, cultural differences, changing workforce demographics and expectations. These factors will affect compensation choices. * Employee needs Emphasize on employees need and wants in order to meet their satisfaction. Employees join the organization, make investment decisions, interact with customers, design new product and assemble components.