how would flexibility in labour laws help companies? Explain
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Flexibility in labour laws will help companies in being competitive and progressive. In recent years, government has allowed companies to ignore many of the labour laws in force. Instead of hiring workers on a regular or permanent basis, companies can hire workers flexibly for short periods when there is intense pressure of work.
The companies can negotiate wages and terminate employment, depending on market conditions. This will lead to an increase in the company’s competitiveness
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The companies can negotiate wages and terminate employment, depending on market conditions. This will lead to an increase in the company’s competitiveness
HOPE IT HELPS YOU
MARK ME ON BRAINLIEST
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HEYA MATE HERE u GO.
❤. Flexibility in labour laws can help the compaines to decrease their production cost by employing labourers only for short period of time when there is need insteadvof employing them for long period of time or yearly basis
❤. By easing upon labour laws , company heads can negotiate wages and terminate employment , depending on market condition.
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