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57). These approaches have various effects on the labour standards. This paper analyses the approaches to regulating labour standards in a particular context of Multinational corporations (MNCs). Multinational corporations are business organizations that operate in at least one country apart from their home country. The paper will also consider the effectiveness of current approaches and their sustainability over the long-term.
In response to the race to the bottom in labour standards the International Labour Organization decided to focus on what they thought had articulated as core labour standards. This led to a Declaration on Fundamental Principles and Rights at Work which defined the fundamental rights of workers to be: freedom to associate and the right to collectively bargain to be recognized; illegalization of any type of compulsory or forced labour; abolition of underage labour; and illegalization of discrimination when it comes to occupation and employment (Weil & Mallo 2007, p. 799). International Labour Organization’s member states are supposed to make sure that these fundamental rights are promoted within their territories. This can be said to have been the beginning step toward making sure that the race to the bottom in labour standards is properly dealt with.
However, there have been some concerns with regard to the ability of the International Labour’s ability to influence the regulation of labour standards. Despite the fact that the ILO is charged with the responsibility of setting international labour standards it has been observed that these role is in most cases educational, promotional, and normative (Williams & Williams 2014, p. 123). This is because they can only encourage member states to adopt the international labour standards that they propose. They can also be of assistance when it comes to the implementation of these labourstandards. Therefore, it should be noted that
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183). The paper explores the impact of globalization on industrial relations and how different countries relate in terms of high-road vs. Low-road responses to increasing global competition. As a result of globalization, the flow of labour, as well as capital, has increased.
In recent times, contingent employment which includes temporary employment, part-time working and outsourcing, has grown significantly in every country. Labor market changes have resulted in changes in the employer/employee relationship.
y referred to as a “worker”) and an “employer” for whom the “employee” performs work under certain conditions in return for remuneration (The Employment Relationship: Fifth Item on the Agenda 2005, p. 3). The interference of the Australian government in the
246). So, how is the history of employment relations in India? It is important to first point out that employment relations in India trace its history to many decades ago; however, the agrarian age was when some sort of formal
he living wage means that labour should receive adequate compensation for the time spent working so that he can afford the basic essentials for himself and his family like food, shelter and clothing. This paper also examines the various measures taken by labour to get employers
Employment relationship can also be regarded as one of the major aspects through which the employees can access their rights associated with employment practices (International Labour Organization, 2011). In most of the countries, it can be apparently observed
The research had shown that multinational companies have been greatly deterred to enter into countries which have high labour costs on account of collective bargaining, a condition which is prevalent in the developed countries. The problem of race to bottom in labour market has been traced to the collective bargaining power of the labourers.
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