Explain the impact of flexible labour law on workers.
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19
Answer:
Flexibility in labour laws has badly affected the workers. MNCs employ them on a temporary basis in order to cut costs. They do not pay throughout the year.During peak seasons, workers are made to work for long hours and in night shifts. They are also not given fair wages. This forces them to lead a very hard and highly insecured life.
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Flexible labour market deals with less less unemployment and more productivity.
Explanation:
- Labour laws basically give priority to the rights of the workers as a result there is reduction in unemployment and increase in production.
- Flexible labour laws has created a worst condition for the workers who are working in the multinational companies. The workers are normally hired on a temporary basis to reduce the cost.
- During boom period they are made to work for a long period of time but they are not provided with proper wages as a result the workers start leading insecured life.
To know more:
What are labour laws?
https://brainly.in/question/9000202
Importance of Informal employment ?
https://brainly.in/question/8216282
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