Name: Course: Instructor: Date: Macro and micro economics Employment In the current work force, most baby boomers are headed for retirement, and are being replaced by the Generation Xs and mostly Generation Y who are tech savvy and have cultural diversity…
Download file to see previous pages...
Other professionals will find themselves locked into an arms race with their competitors, and companies will have to provide their teams with the best equipment or face serious defeat. The advancements in medicine will reduce the population of potential employers lost through disease, and increased child care cost will force most employees to find ways of bettering their wages, either through job hoping, or making themselves marketable. Workers will telecommute; enabling them to use time spent commuting into productive work. The choices available for reemployment will be endless due to new, upcoming jobs including computer programmer, day care provider, environmental engineer, and elder specialist. People will be working during the weekends, in the evenings and on holidays (Roger Backhouse). Inflation Inflation is expected to increase in the next five years, because the rising prices of commodities is not lasting a short time. Prospects of currency shifts and high commodity prices will cause the inflation to increase. In my view, the current market imbalances will continue keeping commodity prices rising in the next five years, with the inflationary pressures hitting emerging markets more, since a bigger share of their consumption is commodities. New emerging markets have in the past been a source of disinflation for most of the developed economies, because cheap imports from countries like China decreased inflation in the US and Europe, but that dynamic will be changed with higher commodity prices. The developed world policy makers will also try making their economies competitive through a cheaper currency, which in my view; will cause higher inflation for net importers like United States. In addition, emerging economies will let their currencies appreciate with a bid to combat inflation causing exportation of inflation to countries that buy their goods (Roger Backhouse). Interest rates Suppressing interests now will lead to disproportionate rise after five years. In addition, the proposed low rate encourages depositors, who can relocate their money elsewhere, leading to more pressure for a rise. In my opinion, the monetary system is in a complete mess characterized by cons and quick solutions to serious economic problems. Currently no single borrower or saver can be immune. There is a lot of fake currency with no fixed value, and the trend seems to be escalating with time. Although there are few exceptions including gold silver coins and liberty dollars. With the currency and legal system plus savings and pension, most people are enslaved. There is no longer money, and people are just dealing with negative and positive numbers, which are illusions of debt and credit, of which we have no control. Probably, we can introduce some feel in the monetary system by nailing the currency to stabilize the unstable financial environment. The question, therefore, is how one can plan and be successful with their finances. This, therefore, makes interest rate speculation meaningless (Roger Backhouse). Level of taxation The middle class has been the category of tax payers who have mostly felt the weight of the tax mans demands. With increasing government spending, and demand for more infrastructures, the level of taxation is expected to go up, because the government will have to meet its high budget, while at the same time provide necessary social facilities for its citizens. The expected rise in inflation would also mean the governments would be faced with the challenge of getting the
...Download file to see next pagesRead More
Cite this document
(“Employment Coursework Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1398427-microeconomics
(Employment Coursework Example | Topics and Well Written Essays - 1750 Words)
“Employment Coursework Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/macro-microeconomics/1398427-microeconomics.
However, the Equality Act 2010 requires organisations to make appropriate adjustments to the work place, so as to make it suitable for the disabled. Under the provisions of this Act, the employer is under a duty to make reasonable adjustments at the workplace, in order to accommodate disabled employees.
Name: Instructor’s Name: Course: Date of Submission: 1. Staff turnover is described as the number of employees who leave their jobs as compared to those who keep their jobs and remain employed. High turnover is when old or even new employees leave their jobs and the company is left with new employees who have to be trained.
The HR strategies at the Taj Group of Hotels can be examined to provide an example of employment resourcing. The Taj Group is managed by the Indian Hotels Company Limited (IHCL). The group received the Hermes Award for its innovative practices in employment resourcing.
The original tests of employment included the aspect of control, which further introduced the concepts of integration and economic reality. Further, there has been borrowing from American jurisprudence, and thus the following of what has been known as a multiple or composite test.
I will try to establish the circumstances under which the garden leave clause is valid and applicable. I will then review some of previous cases where ruling in such circumstances were made with the sole aim of establishing which course of action Clarissa could take with regard to her claim of unfair dismissal and whether she can go ahead and take Flare Missiles job offer without breaching her contract with Precision Missiles plc.
The action may encompass availing assistance on occasions of dependant’s illness, injury or assault (Marsh & Soulsby 2002, p. 304). Dependants in this case apply to persons such as spouses, children, parents, or persons living in the same household as the employee.
Nadia a paralegal officer at Akhtar. She is pregnant and has employment rights and is protected under the UK employment law. Stewart is a paralegal at Akhtar. He is also a single parent of a 7yr old boy who needs to undergo physiotherapy every Monday afternoon because of the broken arm. Stewart has a right to request for flexible time working.
This is especially if such an individual has committed criminal acts. The company may dismiss them due to real or perceived losses, which may be incurred within the company. For instance, depending on the nature of a criminal act, customers may dissociate themselves with such a company.
The most crucial parameter is what one can offer to make extra cash. Some of the talents that one can possess to earn more cash include drawing, cooking, managing money, and also giving good advice. Everyone has to be good in something. It only involves getting in touch with the talent and makes extra cash on what someone loves doing.
Badgering in this case means calling the employer many times; this can be annoying, and doing this might make the seeker lose the job. It is a job seeker’s decision whether to contact the employer or not about the job status. Some might decide not to contact the employer and wait to hear from the employer, and if they do not receive any feedback they assume disinterest.
3 Pages(750 words)Coursework
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Coursework on topic Employment for FREE!