Alp Case Study

Powerful Essays
Critically evaluate the following statement
The wages policy adopted by the ALP Federal Government is a hybrid of theoretical approaches and aims to benefit the interests of both employers and wage and salary earners. This approach has not achieved its aims.

The ALP government has adopted a multifaceted approach to constructing an outline to wage and salary setting. The movement to “collective agreement making will be available under the ALP proposal,” (Retail Times 2008) which means that individual agreements will be abolished, which was part of the policy for WorkChoices under the liberal government.
There are clear differences between the two theories, Neoclassical and Institutional, both of which can be argued are present within
…show more content…
Having constraints on the market and the capacity for slight individual bargaining could be detrimental, “Competition in labour markets was promoted through deregulation (or altered regulation in favour of less centralised wage setting arrangements) and the reduction in the monopoly power of trade unions.” (Lecture notes week 3 slide …show more content…
These include the continued centralisation of the labour market and the abolishment of the individual awards.

The policies adopted by the ALP in theory will potentially benefit the interests of both the employers and employees, although it is not possible to benefit everyone in all aspects. With employers having to pay more to the employee for minimum wage, their rights within the workplace and accommodating to the safety net imposed by the ALP party, it could be seen as detrimental for the employer. Evidently with the composition of the hybrid system it does aim to benefit both the employee and the employer.
Nevertheless as stated by (Buchanan, Van Wanrooy, Oxenbridge, Jakubauskas 2008 p.15) “our institutional arrangements involving awards working in conjunction with collective agreements offer major strengths and dynamism necessary for flourishing in the future.” The overall outcome for the labour market could markedly be a profitable system for both the employee and employer with the proposed hybrid approach at this point in

You May Also Find These Documents Helpful

  • Good Essays

    Wages and Wage Earners

    • 980 Words
    • 4 Pages

    Running head: WAGE AND WAGE EARNERS Wage and Wage Earners There has always been much debate about the wages earned between those with many years of education and those with many years of work experience. Does one factor promise higher compensation than the other? In a study conducted by University of Phoenix students, one hundred working adults were surveyed on how many years of experience they had, how many years of education they had, and what their annual salary is. The results vary…

    • 980 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Wages and Salaries

    • 3629 Words
    • 15 Pages

    Wages and Salaries An extensive review of the literature indicates that important work- related variables leading to job satisfaction include challenging work, interesting job assignments, equitable rewards, competent supervision, and rewarding careers. It is doubtful, however, whether many employees would continue working were it not for the money they earn. Employees desire compensation systems that they perceive as being fair and commensurate with their skills and expectations. Pay, therefore…

    • 3629 Words
    • 15 Pages
    Better Essays
  • Good Essays

    Wages and Salary

    • 705 Words
    • 3 Pages

    1. Clarissa is considering two job offers. One has an annual salary of $61.1K and the other has an annual salary of $63.4K. What is the difference in the weekly pay for these two jobs? 63,400-61100=2,300 2. Mr. Leonard took a job through an employment agency. The job pays $88K per year. He must pay a fee to the employment agency of 22% of his first four weeks’ pay. How much money must Mr. Leonard pay the agency, to the nearest cent? 88,000/12=7,333.3…

    • 705 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Wages and Salary Administration Present by, Mosammat Rasheda Khanom Lipa Contents page no. 1.0. Introduction 1 2.0. What is wages and salaries 1 2.1. Difference between wage and salary 1-2 3.0. Wage and salary administration 2 3.1. Nature and purpose of wage and salary administration 2-3 3…

    • 6858 Words
    • 28 Pages
    Powerful Essays
  • Good Essays

    Salary and Wages Admin

    • 12580 Words
    • 51 Pages

    A TRAINING PROJECT REPORT ON Various laws applicable to Wage and salary administration At hidustan zinc limited (Rampura agucha mine) bhilwara (BATCH 2009-2010) A TRAINING PROJECT REPORT Submitted in Partial Fulfillment of the requirement For the award of the degree of BACHELOR OF BUSINESS ADMINISTRATION Affiliated to Kota University, Kota (Rajasthan) Submitted to submitted by Govt.pg college gopal lal kumawat Bundi (Raj.) B.B.A. final year ACKNOWLEDGEMENT…

    • 12580 Words
    • 51 Pages
    Good Essays
  • Good Essays

    STUDENT NAME: TITLE: Has the system of land registration achieved its aims? Discuss. WORD LENGTH: 1735 (INCLUDING FOOTNOTES) In 1925, Parliament introduced a system of land title registration, where the title to land across England and Wales would be compiled. The Land Registration Act 1925 ('LRA 1925') planned to create a 'one-stop shop', to eventually eradicate the need for individual title deeds. Subsequently, the Land Registration Act 2002 ('LRA 2002') set out the law of land registration…

    • 1996 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    more bitterly. This shows that people have the tendency to compare themselves with others who are in a similar profession and/or with similar qualifications. The main objective of wage and salary administration is to have a scientific, rational, and balanced wage & salary structure. In salary administration, the employer should not feel that the employees are paid more than they deserve and the employees should not feel that they are underpaid. Unless there is a scientific approach /method we cannot…

    • 279 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    To what extent were the aims of the 1905 Revolution achieved? To a certain extent the aims of the 1905 Revolution were achieved. Every class had grievances with the government and their main aims were political reforms, land reforms, civil liberties and industrial reforms. The October Manifesto partially addressed most of the factors concerned, yet a year after the mandate, the Fundamental Laws were passed and it made the October Manifesto redundant in many aspects. The general populace wanted…

    • 835 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    A SUMMER TRAINING PROJECT REPORT On “A study on Wage and Salary Administration, Performance Linked Incentive Scheme and Quality of Work Life” At NTPC Ltd. FARAKKA, WEST BENGAL Submitted in the Partial Fulfillment of “Master of Business Administration” SUBMITTED TO: SUBMITTED TO Ms. Pragya Sonam…

    • 16279 Words
    • 66 Pages
    Satisfactory Essays
  • Powerful Essays

    Salary & Wages Administration

    • 10244 Words
    • 41 Pages

    Session of the Conference:1 Date of adoption:28:11:1919 Subject classification: Hours of Work Subject: Working Time See the ratifications for this ConventionDisplay the document in: French SpanishStatus: Instrument subject to a request for information. The General Conference of the International Labour Organisation, Having been convened at Washington by the Government of the United States of America on the 29 th day of October 1919, and Having decided upon the adoption of certain proposals with regard…

    • 10244 Words
    • 41 Pages
    Powerful Essays