Post
Topic
Board Economics
Re: Rich now Understood that working class people need to be protected
by
Moreno233
on 30/07/2024, 23:41:12 UTC
If you don't protect your workers or employees in your company, it will be difficult for the company to be productive in the community because the employees need to be in safe place or position, where they can be productive for the company to achieve income. This is the reason why people use to call on government to solve the insecurity challenge in the community, because they know that they can not be productive in the community if the insecurity continue, and the government must respond to them in a positive way, You can also use high salary to protect your workers or employees because the high salary will make them to be productive for the company to achieve their goal.
In theory, this is correct but in reality, it largely depend on the size of the economy and the labor force. In a country where the unemployment rate is high with fierce competition for the few available slots, employer really do not pay much attention to their workers as it should be and the later will not have any choice than to give their best even though it is done grudgingly. In such climes, people are heavily underemployed yet they don't have a choice. So, the major challenge with this post is the generalization because what is obtainable in the West may not be obtainable in Asia or some part of Africa.