Employment Relationship Flashcards
What is the wage-effort bargain?
Employers buy labour power of workers and aim to increase productivity
Workers submit to authority of the employer
It is an _____ relationship
Asymmetrical - employer has greater power than worker
What is the frontier of control?
Narrow: regulation of the workplace at the workplace
Broader: regulation of workplace through market, political and social forces
What does the power of workers stem from?
Ability to disrupt
Scarcity of labour
Political influence
What two types of economies are there?
Liberal market
Coordinated market
Describe the Liberal Market Economies
Capital markets Weakly regulated labour markets Weak unions and employer associations Decentralised collective bargaining Welfare state
What is the employment relationship? (Lewis et al, 2003)
Economic, social, legal and psychological and political relationship in which employees give time and expertise to employer in exchange for financial and non-financial rewards