posted by Administrator on Apr 6
It is a very known fact that businesses need people to work for them and since time immemorial, conflict has arisen from such a relationship. It is normally a peaceful co-existence but when external pressure strains the said relationship it can turn ugly for both parties. Recent events around the world has forced businesses to take extreme measures to stay afloat while employees in countries where there are more annual graduates compared to jobs available has been an ugly.
The recent economic crunch has highlighted the need for more control/oversight over businesses who may even sacrifice safety in exchange for profits. Some companies turn to illegal immigrants for the bulk of their workforce, allowing them to save a lot on costs. While others hire less that the best, sacrificing quality over quantity. China, the world’s biggest growing economy couldn’t shrug off the labor issues, resulting in clashes between the socialist government and the people they aim to represent.
The global economy has indeed re-shaped the way businesses deal with their employees and with more economic upheaval assured due to worsening economic problems, labor and businesses will continue to be one of the hottest topics around for discussion.