Case incident 2 era of the disposable worker

Post on 06-May-2015

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This presentation Case Incident 2 Era of Disposable Worker was presented by a student of UMT,Lahore to Prof.Dr.Iftikhar Ahmad. It provide a brief description of the case. It also provides fruitful Answers of the Questions raised in the Case

Transcript of Case incident 2 era of the disposable worker

CASE INCIDENT 2 Era of the Disposable Worker?

By M.USAMA MANSOOR

• Universal economic slump have declared several sufferers.

• In the history numbers of unemployment was at great high.

• Many workers was asked to work at lower wages.

• This is because many firm hired employees at transitory basis.

• Companies have adopted this straightly withdraw the services.

• Such as, Health insurance, Retirement benefits, vacations.

• One victim Tammy Smith Claims that she does not enjoy these employee benefits.

• Numerous Job suspensions means that permanent jobs are temporary now.

• For the next ten years these conditions will remain same.

• Employees are now least interested in fixed cost jobs (Peter Cappelli University of Pennsylvania)

• As they are getting employees benefits out of their job.

• For them now everything is available.

• We might consider corporate action a result of low productivity.

• But financial sector do not support this argument.

• In 2009, 500 lucky companies made endless accumulation of profit by using these business plans.

• One market equity researcher noted, “ lower pay roles have contributed not slowest rise in sales”

• This difference of cooperate profibility and workers outcome is because of profit monitoring

• A teacher judge students performance through test.

• Similarly company’s performance is judged by single matrix stock market share price.

• This practice is carried out in corporation to built employee’s confident.

• To save corporation’s position in global market its necessary to provide flexible benefits to its employees.

• But to remain in competition and to save organization manager take few steps

• Freeing employees from certain job is one of them.

• So there is a need to address some core issues of organisational behavior research such as,

• how executive makes decision of workforce allocation

• how job security and corporate loyalty influence employee behavior

• and how job security and corporate loyalty influence employee behavior

To what extent can individual business decisions (as opposed to economic forces) explain deterioration in working conditions for many workers?

• If the businesses aren’t bringing in the income they have been used to therefore resulting in budget cuts for the business.

• When the business suffers budget cuts, the employees feel the pain as well as the consumer.

• Employees feel it in reduced hours, pay cuts.

• Businesses may also not be able to afford to fix broken air conditioning units or heating units in a timely manner resulting in employees working in hot or cold conditions.

Do business -organizations have a responsibility to ensure that employees have secure jobs with good working conditions, or is their primary responsibility to shareholders?

• It seems to me that organizations do not have to ensure that employees have secure jobs with good working conditions.

• Organizations are primarily looking out for themselves; they want to make sure they still make a profit even in a downed economy.

What alternative measures of organizational performance, besides share prices, do you think might change the focus of business leaders?

• Business leaders need to give purpose and drive to their people, and most employees do not find these qualities in capitalizing on shareholder value.

• Managing for top-tier Total Shareholder Return (TSR) will not give someone the meaning of life or work for employees.

• However, it is an influential method that can create and sustain a high-performance, nimble organization with high-quality growth.

• Most employees (as well as other stakeholders) are highly motivated to be associated with a company with such values and beliefs.

What do you think the likely impact of the growth of temporary employment relationships will be for employee attitudes and behaviors? How would you develop a measurement system to evaluate the impact of corporate down sizing and temporary job assignmentson employees?

• I can’t see as how employee attitudes and behaviors would be exceedingly high for temporary employment positions.

• Everyone is feeling the hard times that our country is facing and temporary employment may be the only solution for some (or many).

• It doesn’t give a person a feeling of security knowing the job they are doing today may not be the same job they are doing next week or even the next day, especially those people who are trying to provide for their families.

• I would conduct a controlled experiment to evaluate the impact of corporate downsizing and temporary job assignments on employees.

• I would interview 10 full time employees, 10 part time employees and 10 temporary employees to be able to equally evaluate how employees are feeling about their current position.