Table of Contents
Unitarist, Pluralist and Conflict Perspectives 2
Dunlop's Model of Industrial Relations 3
Collective bargaining 4
Legal enactment 4
Mutual insurance 4
Dual Labour Markets 6
Q.1) Use your understanding of employee relations to answer the following questions:
(i) Critically examine the factors at play which determine the pay and conditions of
• London underground train drivers
• Top company executives
• Investment Bankers
"London tube drivers to strike on Boxing Day"(news.sky.com),"Rail strike cause festive chaos"(metro.co.uk) are just few of the headlines that have spread over leading newspapers in the UK. Since the late 2008, when recession took over the UK economy, the people have been dealing with various adversities which have made life very difficult for workers working in various sectors. In a world where the national average wage in the UK is around 26,000 pounds, London tube drivers have agreed a 10,000 pounds increase in their salary which takes their overall pay scale to a whopping 52,300 a year from an already mountable sum of 40,000(thisislondon.co.uk,2011)
3/4th of the UK population is envious with the fact that investment bankers get paid large sums of money in bonuses and other incentives. Barclays paid around 265,000 pounds bonuses which is astronomical amounts of remuneration compared to rest of the UK population.
Then there's top executive on the other hand who claim their position is a very critical one as they're involved in significant decisions regarding the economy, have come scrutiny for getting paid large sums of money. In this economic insurgence, the two factors such as pay and behavior should be controlled to establish a successful economic structure.
Unitarist, Pluralist and Conflict Perspectives
Organizational behavior can be assessed through various...