4. Individuals and Work Flashcards
What is the acronym for the reasons people work?
VET
V - Value and Status
E - Economic
T - To meet specific needs
Describe the acronym used to outline the reasons why people work.
To meet specific needs (SHESEA)
- Safety and security - Some forms of employment provide financial security through contracts.
- Health - The type of work you do may affect your mental/emotional, physical and social wellbeing.
- Education - Education will determine the type of employment you have and the income you may be receiving.
- Sense of identity - Depending on the work you do. For example, volunteering increases your self-esteem, self-worth and confidence.
- Employment - Different patterns of work. For example, full time/part-time.
- Adequate standard of living - Regular income to assist with paying for food/water, clothing and shelter.
Economic
- Monetary rewards are given for labour, either through direct or indirect payments. Direct payments for work are usually in the form of a wage; while Indirect payments are non-monetary payments in return for a service, such as a company car. Both direct and indirect payments enable workers to create a lifestyle and satisfy needs and wants.
Value and Status
- Individuals may value work for the satisfaction and self-esteem they gain from it and/or the lifestyle they are able to create.
- The industry in which an individual works – occupations with integrity, such as firefighter or schoolteacher, will give an individual status.
Compare and contrast the needs that are met through paid and unpaid work.
Safety and security
- Paid work - Paid work gives employee safety and security through regular income.
- Unpaid work - Volunteer work is generally safe (selling raffle tickets, teaching adult education), but some do come with risk e.g volunteer firefighting.
Health
- Paid work - Paid work generally compensate workers if they get injured or sick whilst working or on their way too or from work.
- Unpaid work - Unpaid work is generally safe however it is rare that an organisation will compensate for any injuries occurred on the job.
Education
- Paid work - Paid work will generally require some form of education e.g degree, diploma, certificate.
- Unpaid work - Unpaid work such as volunteering at an animal shelter may provide a day course to educate participants on what to expect and how to handle certain situations.
Sense of Identity
- Paid work - Paid work may provide an individual with a sense of identity if they are helping others or feel connected to their line of work.
- Unpaid work - Volunteering work will provide those participating with a sense of identity as they are helping others.
Employment
- Paid work - Paid work will require an individual to work certain hours including part-time or full-time.
- Unpaid work - Volunteer work may require individuals to work different hours compared to paid work. For example, night patrol.
Adequate standard of living
- Paid work - Paid employment can improve one’s standard of living through income. Generally the higher the income the more improved standard of living.
- Unpaid work - Unpaid work will generally not provide a way to improve one’s standard of living as there is no monetary gain.
Define the term labour force.
The labour force can be defined as that section of the population 15 years of age and above who are either working or actively seeking work. The workforce can be divided into two categories, the employed and the unemployed.
Define the term employment and provide a statistic.
A person is defined as being employed if they have one or more hours of work per week.
- Differences in male and female employment in occupations continue to be apparent. Almost all jobs worked by machinery operators and drivers were held by males (89.6%), while most clerical and administrative jobs were held by females (76.5%).
Define the term unemployed and provide a statistic.
A person is defined as unemployed if they are currently available for work, are actively seeking work, and are unable to find it.
- The unemployment rate is predicted to reach 10% by the end of the year amid COVID. There is a current increasing trend.
Define the term employed part-time and provide a statistic.
Those working fewer than 35 hours per working week.
- The reductions in hours worked were greater for women than for men, with female hours reducing by 11.5%, compared to a 7.5% reduction in male hours worked per month.
Define the term employed full-time and provide a statistic.
Those working 35 hours or more per working week.
- Full-time employment decreased 220,500 to 8,656,900 people and part-time employment decreased 373,800 to 3,761,800 people.
Define the term participation rate and provide a statistic.
The labour force expressed as a percentage of the entire population.
- Australia’s Labour Force Participation Rate dropped to 66.2 % in Mar 2020 amid worsening COVID-19 restrictions.
What is labour force participation across the life span?
Life events could influence labour force participation rates (E.g. becoming a parent). These events may impact on the labour force participation, determining whether a person works full time, part-time or is unemployed.
Name 3 events in which people would be taken out of the labour force.
Events in which people would be taken out of the labour force include:
- studying/attending school
- travel
- starting family.
Name the patterns of work.
- Full time
- Part-time
- Job share
- Casual
- Permanent
- Temporary/contract
- self-employed
- shift work
- voluntary
- seasonal
- working remotely
Define full-time work.
Employment based on working 35 hours or more per week. These employees receive entitlements such as paid annual leave, paid sick leave, and parental leave etc.
Define part time work.
Employment based on working a regular number of hours but less than 35 hours each week. A worker in this type of employment usually receives all, or most, of the benefits of a full-time employee but on a proportional basis.
Define job share work.
Employment based on two people voluntarily sharing the duties of one full-time position. Both workers are treated as permanent part-time employees and as such receive the same entitlements.