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Labor Market In Australia (Paperback)
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Labor Market In Australia (Paperback)
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Seminar paper from the year 2011 in the subject Business economics
- Personnel and Organisation, grade: A, Kings College London,
language: English, abstract: Australian labor market over the
period has continued to greatly experience periods of substantial
changes. This has largely been in the areas of industrial
relations, economic environment and employee relations. Australia
seeks to ensure that its labor market remains stable through the
creation of better employment and trade systems. The need to
address the wage rate and employee relationship remains the focus
of the country and various parties involved in addressing the
productivity of enterprises (Burgess, 1999). This has seen the
government get involved in ensuring that appropriate labor laws and
major reforms are made in this sector to improve its productivity.
The role of the state in industrial relation therefore has
continued to grow and strengthen the labor market providing
opportunities for employees to find paying jobs. Various
institutions and labor unions have come up to ensure that drastic
changes are made in the labor market both regionally and
internationally for Australia. Most important has been the flow of
information in the labor market from employers to job seekers,
determination of the level of market competition, geographical and
job locations and how the wage rates have been determined for the
Australian labor population (Anon., 2002). Employee relations has
been taken seriously by the regulatory bodies and various
disciplinary actions have been effected with much concern placed on
resolving employee grievances and wage rate related issues. Various
institutions and labor unions have sort to ensure that employees
understand their rights and roles to play regarding job
performance, duty misconduct and various issues that affect and
arise in the workplace. Australia labor market addresses applicable
regulation issues, legislation involved and various bargaining
agreements.
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