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The Aspects of Multinational Corporation doing Business - Essay Example

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This work called "The Aspects of Multinational Corporation doing Business" describes living wages for employees in multinational corporations. The author outlines that a living wage is important to maintain a decent living for a worker and his or her company. From this work, it is clear about the strong support for living wages, the role of the economy…
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The Aspects of Multinational Corporation doing Business
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Download file to see previous pages This became necessary with the proclamation that a person’s desires, aspirations, and goals should be given due consideration. Persons have a right to well-being and freedom therefore other persons should not interfere with those rights. These rights also correspond to the duties of employees and their organizations. Multinational Corporations (MNC) managers must respect the rights and well-being of their employees. Managers on activities undertaken on behalf of their employers must implement these constraints. Managers should undertake industrial relations to ensure employees are paid adequate wages. Industrial relations involve firms, states, workers, civic organizations, international agencies, and public interest groups involved in work and employment in developing countries. The importance of industrial relations is that it affects the pace, scale, scope, and industrial relations and the economic change and characterization of industrialization in society. Industrial relations in developing countries are subjected to social forces; social scales ranging from local to extra-local forces. Large scale political and economic influences on industrial relations such as neocolonialism, development of post-colonial states, national and international economic cycles, changing political orientation, Ecological and demographic features of also affect industrial relations of a particular country.
Critics have intensely risen against contracting arrangements within multinational companies. The critics who are usually labor activists and human rights activists charge these companies with exploiting workers (Maitland 598). They call these companies “international workshops” accusing them of chasing cheap labor across the globe. Additionally, they are accused of failing to pay their workers living wages, using child labor, turning a blind eye to abuses of human rights, being complicit with repressive regimes in denying workers the right to join unions and failing to enforce minimum labor standards in the workforce and so on (Maitland, 2004, pg. 598). Shifts hours are at least ten, and they are usually forced overtime. In these conditions, factories have strict rules, which include talking or going to the bathroom, and supervisors are abusive in matters of policy (Young 366). ...Download file to see next pagesRead More
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