StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Primary and Secondary Labor Market - Essay Example

Cite this document
Summary
The author of the paper "Primary and Secondary Labor Market" argues in a well-organized manner that the contrast between a primary and a secondary labor market is that secondary markets are characterized by low-paying jobs, temporary employment, and limited skills of manpower…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Primary and Secondary Labor Market
Read Text Preview

Extract of sample "Primary and Secondary Labor Market"

Primary/Secondary Labor Markets A primary labor market is characterized by high wages, highly skilled manpower, careers that are long lasting and employee social security. Another basic definition is that a primary labor market is a job that require formal education. An example is careers like finance and accounting. Trades that require skills such as plumbing and technical repairs are also included in this labor market. The contrast between a primary and a secondary labor market is that secondary markets are characterized by low paying jobs, temporary employment and limited skills of the manpower. The work force in a primary market is mainly motivated by incentives such as health benefits, insurance policies and pension funds. The employees often try to prove their education and skills to their employers. Subsequently, the significance of a primary labor market is the provision and support of a skilled labor force in the economy. As such, this labor force steers economic growth in all sectors and stimulate innovativeness and technological advancement as they outsmart each other to impress their employers (Rubin). A secondary labor market compromises of a high employee turn-over, low paying wages, semi-skilled employees and temporary form of employment. These blue collar jobs may be performed by students or other people with limited educational qualifications. Rick Edwards in his book named Contested Terrain says that management in a secondary labor market treat the employees as interchangeable parts. If they dislike their jobs the employees are free to leave. This leads to a high staff turn-over in these markets. The significance of this labor market is provision of employment to many people and thus a reduction on the dependence on the government for financial help to sustain lives and livelihoods. Social Evolution/Social Darwinism In the 19th century, Herbert Spencer advanced the social evolution idea. Social Darwinism is the use of the theory of natural selection of species to issues of economic, social and political nature. Social Darwinism follows the mantra of survival of the fittest. This survival also apply in the human species. The idea was used in promotion of the white race being superior to other races and thus justified to colonize them. The idea of social evolution holds that the weak species in the environment will eventually suffer and go into extinction. Only the strong species are able to withstand the environmental pressures and hardships. Those species acquire adaptive features that ensures their survival. They thus rule over the weak species who crush under pressure and go into extinction. Evolution theory holds that nature is a system of kill or be killed. The species that cannot keep up with environmental pressure are cut off. This aspect has been used to justify antisocial actions such as the Nazis holocaust where the Jews who were seen as the weak species were killed. The Nazi justified this as a way of eliminating a genetically inferior race. Other dictators world-wide have used Social Darwinism to justify their criminal activities. This raises a lot of moral questions in application of science in the society. The accord/ collective bargaining This is the process of negotiations between an employer and a group of employees to reach an agreement on the terms of employment. A trade union is used to present the employees’ interests and welfare. The collective agreements reached after negotiations defines the employees’ hours of work, wages and other allowances, health benefits, training and promotions and safety at work among others. The collective bargaining agreement functions as a contract between the employer and employee trade union(s). The process of bargaining involves the union’s representatives with the employer’s management team to set out the terms of the collective agreement. The origin of collective bargaining was in 1891 by Beatrice Webb, who was a founder of labor relations in Britain. It meant that the employers and a representative of the union had to sit and negotiate terms of employment for the benefit of both the employer and the employees. The significance of collective bargaining is to regulate labor relations at work places. It aims to ensure that the employees are safe and satisfied with their working conditions. The employer benefits from a satisfied work force that is able to perform its work sufficiently and an efficient method of dispute resolution where all the parties are involved in solving a problem at work place. Collective bargaining gives the employees a voice without facing discrimination from the employers. It is unethical for an employer to suck employees for involving their trade union in solving their issues. Employees have a right to participate in the union’s affairs without discrimination. Flexible/Just in time production This is a strategic production that aim to improve the returns of the business by cutting down on inventory costs and other associated costs such as the carrying and holding costs. The process works by manufacturing only the products that are required by customers. Production is based on customer orders and no products are made in advance. Demand stimulates production in this type of production. Raw materials are obtained after customers place their orders and only the required materials to complete the customer orders are procured. Just in time production saves on inventory costs since the cost of holding stock such insurance, pilferage, obsolesce and maintenance costs of stock and inventory are eliminated. The concept of flexible production originated in Japan in 1950s. Toyota has used it successfully by raising production and eliminating waste. To meet its objectives, just in time process relies on signals at different points involved in the process. These signals notify the process when to make the next item. The significance of this process is increased productivity and profits by eliminating wastes in the production process. Products are made to customer orders and thus quality and customer satisfaction is achieved. It also increases the production efficiency in the company. It eliminates wastage of resources and unnecessary costs such as Inventory holding costs. American Dream/Fordism This refers to the national ethos upheld by the United States of America. They are a set of ideals where freedom is associated with availing opportunities for success and prosperity and a social mobility that aims at climbing the ladder of success. Social mobility is only attained through hard work and strong work ethics. James Truslow Adams in 1931 describes the dream to include a better, fuller life for all Americans. According to James, every person should have an opportunity to achieve their goals despite their social classification or background. The American dream idea is rooted in the US ‘declaration for independence that states that all men are created as equal and are endowed by God with specific unalienable rights that include right to life, freedom and a right to pursue happiness(Amitai). The meaning of this dream has changed with time and history. It now includes personal components such as home ownership and a global vision. The ethos currently imply that Americans have an opportunity to achieve prosperity through hard work. According to the American Dream, this includes chances of the children to go to school and obtain a good education and careers without any external barrier. Individuals have the opportunity to make their choices without limitations such as social classes, racial discrimination, caste and religion. The dream promotes personal liberty and enjoyment of fundamental rights. It promotes achievement for individual success and prosperity through hard work. It calls for unity among American citizens to realize this dream in their life time. Works Cited Rubin, Beth A. Shifts in the social contract: Understanding change in American society. 1995. Shifts in the social contract: Understanding change in American society. SAGE Publications,, 1995. Print Sathyamurthy, T. V. "Social Change: sources, patterns and consequences edited by Amitai and Eva Etzioni New York and London, Basic Books, 1964. Pp. xiv+ 503. $6.95." The Journal of Modern African Studies 3.04 (2000): 628-629. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Take Home Exam Essay Example | Topics and Well Written Essays - 1000 words - 1”, n.d.)
Take Home Exam Essay Example | Topics and Well Written Essays - 1000 words - 1. Retrieved from https://studentshare.org/sociology/1663798-take-home-exam
(Take Home Exam Essay Example | Topics and Well Written Essays - 1000 Words - 1)
Take Home Exam Essay Example | Topics and Well Written Essays - 1000 Words - 1. https://studentshare.org/sociology/1663798-take-home-exam.
“Take Home Exam Essay Example | Topics and Well Written Essays - 1000 Words - 1”, n.d. https://studentshare.org/sociology/1663798-take-home-exam.
  • Cited: 0 times

CHECK THESE SAMPLES OF Primary and Secondary Labor Market

The Labour Market Sector UK

The report is to demonstrate the researcher's knowledge of the marketing intelligence in the United Kingdom labor market, via the use of both secondary and primary sources and theories as well.... This report will focus on the labour market sector in the United Kingdom, bringing forth, a better understanding of the labor market and its performance over the years.... The marketing intelligence of the labor market is important in that, one is able to relate the labor supply and labor demand of a country, and determine how the two aspects correlate with each other....
14 Pages (3500 words) Essay

Labour Market Segmentation Theory

labor market Segmentation Theory labor market segmentation (Garnsey & Zablocka, pp.... 56-60) is a direct consequence of labor market discrimination that comes under definition as the specific treatment reserved to members of a particular group, only because they are part of that particular group.... Both labor market discrimination and labor market segmentation are products of market failure in the labor market....
1 Pages (250 words) Term Paper

The 19th Century Labor Market

After the Second World War, the labor market was divided into the primary and secondary labor markets.... The secondary labor market was disproportionately composed of a large number of women, racial minorities, Africans, and Hispanics.... "The 19th Century labor market" paper examines the 19th century which was known as a period of true labor.... The large industrial working class replaced craft workers, while the labor market entered a period of labor homogenization....
7 Pages (1750 words) Term Paper

History of Canadian Labor

The paper "History of Canadian Labor" highlights that the interrelation between the ongoing capitalist market and labor force was primarily economic.... Plenty of research works paved the way for jotting down crucial historical components related to labor history in other countries, there wasn't too much study material for the historians to trace the labor history of Canada.... However, with the publication of the Committee on Canadian Labour History, the history of Canadian labor, especially the changing context in the working class section, has assumed an important dimension....
9 Pages (2250 words) Essay

Markets and Division of Labor

The present study "Markets and Division of Labor" deals with the market that is one of the areas where the world of commerce and the entire business community comes under one roof with their unique set of ideas, thoughts, and creativity in order to compete for a firm and enduring recognition.... With this competent market, it has become essential for organizations to divide their tasks and responsibilities amongst their labors and workforce in order to achieve their goals and attain the level of global competence....
12 Pages (3000 words) Case Study

History of child labor

Child labor mostly occurs in developing countries precisely the global south.... The history of child labor engages both.... While at the microeconomic level, the arguments include the question on necessity of child labor, wealth paradox and parent altruism.... ooking at the history of child labor at a microeconomic level, child labor has a negative association with the aggregate income of the state.... However, microeconomic child labor depends on the total income at the household level....
5 Pages (1250 words) Term Paper

Foreign Labor and Recruitment in United Arab Emirates

"Foreign labor and Recruitment in United Arab Emirates" paper provides an analysis of the upcoming trends in the areas of recruitment of foreign labor in UAE.... The rate of foreign labor recruitment is higher in the United Arab Emirates when compared to other countries.... The cost of labor is the income received by them for the services they render.... Further, the reason for this increasing trend and the economic impact of foreign labor recruitment on the country is examined....
9 Pages (2250 words) Research Proposal

How Wage Differentials Exist in Labour the Market

In The Labour Market Introduction A labor market definitively pertains to environments in which both workers (labor force) and employers interact with each other.... In The Labour Market Introduction A labor market definitively pertains to environments in which both workers (labor force) and employers interact with each other.... Thus, a labor market functions in relation to the prevailing supply and demand of labor.... Accordingly, the paper will delve into the issue of labor market functionality, in relation to the prevailing demand for goods and services....
12 Pages (3000 words) Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us