Papers on "The Effect of Labor Policies on Productivity" and similar term paper topics

Paper #102567 :: The Effect of Labor Policies on Productivity
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A discussion on how US labor market polices have had a negative effect on employee productivity.

Written in 2008; 1,720 words; 5 sources; MLA; $ 55.95

Paper Summary:

This paper examines how, for over 20 years, workers have been faced with the dilemma of lack of job security, which has led to decreased productivity. Another major change that has affected productivity is American corporations' shift of focus away from making employees feel secure and appreciated, or providing them with ample pension and health care benefits plus wage increases to outpace inflation. The paper points out that, instead, the new focus of American corporations emphasizes the fiduciary responsibility to the stockholder and maximizing profits. The paper also adds that advanced technology, requiring less people but more skilled workers, and government labor policies, which removed trade barriers making it easier for American companies to outsource labor and relocate to countries with low labor costs, have had an adverse effect on American worker productivity and the American middle class. The paper concludes that the corporate/business paradigm shift from employee to stockholder is the most significant factor leading to reduced employee productivity and the erosion of the American middle class.

Outline:
Introduction
Hypothesis
Background Research
Conclusion

From the Paper:

"Lack of job security is not a problem new to 2007, or even 2000, but one that has been on the rise since 1972. American companies have downsized dramatically since the late 1970s.
"In the first downsizing wave, 12% of the out placed workers left the workforce completely, 17% remained unemployed after two years. Of those finding new employment, 31% took a wage reduction of 25% or more and 32% of worker's wages were reduced by one to twenty-five percent while only 37% found no wage loss. These figures translate to 63% of people finding replacement jobs that are inferior to what they held prior to being downsized."

Tags: microeconomics middle class corporation

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