Tuesday, April 23, 2019
Should the Government Intervene in the labour market Essay
Should the Government Intervene in the labour market - Essay casefulVarious critics argue that the government involvement in the labor markets is significant since it promotes free and fair concern while other argue the exact opposite, citing that in hinders the willing employer, willing employee relationships, owe to the various policies enforced (Tisdell and Hartley, 2008 p.269).Government involvement in the labor market is critical since it acts in response to various challenges that bulge out in employment. For instance, employers may opt to hire employees at extremely reduced rates, owing to their intended think of maximizing their profits. At such(prenominal) instances, some employees may be willing to work with such remunerations, owing to the unemployment rates resulting from economic recession globally while other suitable employees may be defiant to work under such rates. This creates a challenge since the unemployed individuals may act in their conjure for increas ed pay, which may lead to property and life destruction, and this call for government involvement, in a frolic to provide a solution to such a predicament through the introduction of the minimum wage policies.In other instances, some unscrupulous employers may overwork their employees without increasing their minimum salaries, and even font them to working under harsh and dangerous conditions without the implementation of the necessary safety measure policies, in their bid to reduce costs(Neugart, 2002, p.69). This places the employees welfare at risk, and cases of employee opposition have been rampant across the globe. As such, government intervention is critical in such institutions since the government is tasked with the provision of apt safety policies that safeguard the welfare of such employees. This serves to reduce the employer-employee conflicts hence promoting production and profit maximization of such firms. Additionally, cases of employment of minors are liquid in pr actice,
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