Labour Market Flexibility and Australia What does the term labour market flexibility refer to? Do we find evidence of its applicability in the Australian labour market?

In our current turbulent economic environment, to be successful, firms must be flexible. They must be able to shift production and resources to suitable changing markets and customer demand. Therefore, they must have employees that possess the aptitude and training to perform a variety of different tasks. Historically, a lack of employee flexibility has been the cause of the downfall of a subject of organisations.

On a broader front, the implementation flexible workforce, or lack thither of, could be the difference in competing on the international stage, curiously with the advent of globalization. Thus, crusade market flexibility, as a theoretical framework, is an bribe that holds great significance in the analysis and assessment of the sham of globalization on labour market changes.

From the Australian perspective, labour market flexibility has become more evident done the decentralisation of the industrial relations system, the reduction of collective arrangements, the declining assiduousness of trade unions, the rise in numerically flexible piece of work arrangements and the erosion of the model employer role of the government. As Burgess and Watts (1999) suggest, deep down this neo liberal policy regime the standard purpose model has all but disappeared. In its place unfixed and inferior employment arrangements are flourishing. In this context it is not surprising that workforce polarization is on the increase. (p.



2)

This essay bequeath identify what is labour market flexibility, highlight its forms and substantiate its relevance in the Australian labour market.

craunch Market Flexibility is defined as the the ability and willingness of institutions and individuals in the labour market, employers as well as workers, to respond appropriately to the economic and social needs of the country. (National Labour Consultative Council, 1987, p.1) Stroper and Scott, 1990 identify it is as a logic of tailor labour input in production to shifting levels and qualities of...

If you privation to get a full essay, order it on our website: Orderessay



If you want to get a full essay, wisit our page: write my essay .