how would flexibility in labour laws help MNC's
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HEYA!!!
☆Flexibility in labour laws can help the companies to decrease their production cost by employing labourers for short period of time when there is need instead of employing them for a long period of time.
☆ By easing upon labour laws companies heads can negotiate wages and terminate employment depending on market conditions. ..
HOPE THIS HELPS U @MP #MAHABOOBPASHA #..
☆Flexibility in labour laws can help the companies to decrease their production cost by employing labourers for short period of time when there is need instead of employing them for a long period of time.
☆ By easing upon labour laws companies heads can negotiate wages and terminate employment depending on market conditions. ..
HOPE THIS HELPS U @MP #MAHABOOBPASHA #..
vijet:
bahut jyada bada hai ....sirf ek mark ka tha
but it's my duty to elaborate my answers
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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.
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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