How would flexibility in labour laws help multinational companies?
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By bringing flexibility in labour laws, rather then hiring workers on a regular basis, companies hire workers for short periods when there is intense pressure of work. This is done to reduce the cost of labour for the company.
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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.
hope this will help u.
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