Flexbile Labour Flashcards
What is it?
- Flexible labour describes economic practices that have emerged since the 1970s that contrast with industrial capitalism
- Describes practices such as flexible contracts and recognition that jobs are not for life
What are the three components Guest 1987 see’s flexibility to have?
- Organisational design
- Job design
- Employee attitudes and motivation
What does Guest conclude?
- Flexibilities in organisations can only be achieved if employees display organisational commitment, trust and motivation
Whats the need for flexible labour firms?
- Market stagnation- meaning a combination of world recession and inability to compete leads to having to reduce unit costs.
- Uncertainty - Firms operating in these uncertain times means firms are cautious about committing themselves in employment terms
- Technological changes - Employees need to be able to be responsive e.g flexible contracts
- Market conditions - high unemployment and few labour shortages
What are the three types of flexibility?
1) Functional -redeployment between tasks, multitasking, change in careers
2) Numerical - responsive increase and decrease in labour force. Looser contractual relationships between employer and employee. Also shift to different payment systems such as assessment based pay
3) Financial - Pay and employment costs reflect supply and demand in the market
What is meany by a boundaryless career?
- A career that is meant to span across a set of different organisations, sectors, domains etc
What is meant by nonstandard work?
Employer by that doesn’t involve a fixed working schedule at the same physical location for an extended time
Which generation are more likely to have jobs that are non standard?
Generation Y - the netgeneration born since the 1980s