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Worker Satisfaction and Economic Performance by Morris Altman Pdf
This work challenges some of the fundamental tenets of the "free market" economics that have had a profound impact on public policy and the American worker. The author shows that these myths are a product of unrealistic behavioural assumptions from "free market" economists about the worker.
Worker Satisfaction and Economic Performance by Morris Altman Pdf
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy. Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Worker Satisfaction and Economic Performance by Morris Altman Pdf
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy. Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Labour Market and Economic Performance by Toshiaki Tachibanaki Pdf
The book examines the effect of labor markets on economic performance from an international perspective. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance.The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the USA.
Labour Market and Economic Performance by Toshiaki Tachibanaki Pdf
The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.
Work, Productivity, and Job Satisfaction by Raymond A. Katzell,Daniel Yankelovich Pdf
Interdisciplinary research report on factors affecting motivation, job satisfaction and productivity in the USA - examines management attitudes and practices, labour relations aspects, employees attitudes, management by objectives, workers participation and job enrichment, wage incentives issues, employment policy implications, etc. Bibliography pp. 369 to 413, glossary and statistical tables.
Dynamism by Edmund S. Phelps,Raicho Bojilov,Hian Teck Hoon,Gylfi Zoega Pdf
Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.
Dynamism by Edmund Phelps,Raicho Bojilov,Hian Teck Hoon,Gylfi Zoega Pdf
Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.
Since the early 1980s, a vast number of jobs have been created in the affluent economies of the industrialized world. Many workers are doing more skilled and fulfilling jobs, and getting paid more for their trouble. Yet it is often alleged that the quality of work life has deteriorated, with a substantial and rising proportion of jobs providing low wages and little security, or requiring unusually hard and stressful effort. In this unique and authoritative formal account of changing job quality, economist Francis Green highlights contrasting trends, using quantitative indicators drawn from public opinion surveys and administrative data. In most affluent countries average pay levels have risen along with economic growth, a major exception being the United States. Skill requirements have increased, potentially meaning a more fulfilling time at work. Set against these beneficial trends, however, are increases in inequality, a strong intensification of work effort, diminished job satisfaction, and less employee influence over daily work tasks. Using an interdisciplinary approach, Demanding Work shows how aspects of job quality are related, and how changes in the quality of work life stem from technological change and transformations in the politico-economic environment. The book concludes by discussing what individuals, firms, unions, and governments can do to counter declining job quality.
Labour Market and Economic Performance by Toshiaki Tachibanaki Pdf
The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.
Jobs, Training, and Worker Well-Being by Solomon W. Polachek,Konstantinos Tatsiramos Pdf
Contains twelve papers contributing fresh research to important issues concerning worker welfare. This title offers answers to a number of policy related questions such as: Why are jobs designed the way they are? Does seniority-based pay provide a sufficient motivation for workers? What policies are effective in combating discrimination?
