Because of the unstable economic
environment and automation/computerization of organization and production processes. It is
very ordinary to hear business organizations in different industries fighting
for survival.
Thus, to be able to survive they reduce the working days and hours of their employees. This is a very valid strategy for survival. If this strategy will not pull them through to survive the organization would eventually have to face the sad reality that it needs to stop its operation.
Thus, to be able to survive they reduce the working days and hours of their employees. This is a very valid strategy for survival. If this strategy will not pull them through to survive the organization would eventually have to face the sad reality that it needs to stop its operation.
When this situation comes up it is not
actually the business owners that is severely affected. For the reason that
they still have other businesses to take care. Others have safe financial
investments that earn for them interest that will keep them financially secure
for the rest of their lives.
Who hurts the most when an organization
brings to a close its operation? It’s the employees: not the top or middle
level management but the first level ones and the operative or rank and file
employees. In this case they are the most affected. And the irony of
it all is they are mostly the ones who have the longest length of loyalty and
service to the organization. And many of them are already middle aged and not
anymore marketable for employment .
Loosing ones job is not a joke; it’s
actually a big dilemma for those who will be affected especially if they have
mouths to feed. So before the organization folds up labor laws will dictate
them to properly compensate all those who would be laid off regardless of their
standing in the organization.
Some compassionate organizations/owners
even sponsor livelihood business training for their soon to be separated
employees. So that they could stand on their own feet and start their own little
businesses that hopefully they could grow so that it could sustain them.
If there’s a temptation for workers to go
on strike to demand higher wages, workers and union leaders must weight upon it
properly. For it may result to their permanent
displacement from their work. - Marino J. Dasmarinas
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