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Employment with a Human Face - Balancing Efficiency, Equity, and Voice (Hardcover, New)
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Employment with a Human Face - Balancing Efficiency, Equity, and Voice (Hardcover, New)
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John W. Budd contends that the turbulence of the current workplace
and the importance of work for individuals and society make it
vitally important that employment be given "a human face."
Contradicting the traditional view of the employment relationship
as a purely economic transaction, with business wanting efficiency
and workers wanting income, Budd argues that equity and voice are
equally important objectives. The traditional narrow focus on
efficiency must be balanced with employees' entitlement to fair
treatment (equity) and the opportunity to have meaningful input
into decisions (voice), he says. Only through a greater respect for
these human concerns can broadly shared prosperity, respect for
human dignity, and equal appreciation for the competing human
rights of property and labor be achieved.Budd proposes a fresh set
of objectives for modern democracies efficiency, equity, and voice
and supports this new triad with an intellectual framework for
analyzing employment institutions and practices. In the process, he
draws on scholarship from industrial relations, law, political
science, moral philosophy, theology, psychology, sociology, and
economics, and advances debates over free markets, globalization,
human rights, and ethics. He applies his framework to important
employment-related topics, such as workplace governance, the New
Deal industrial relations system, comparative industrial relations,
labor union strategies, and globalization. These analyses create a
foundation for reforming employment practices, social norms, and
public policies. In the book's final chapter, Budd advocates the
creation of the field of human resources and industrial relations
and explores the wider implications of this renewed
conceptualization of industrial relations."
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