Human Resources
What would you do to ensure that you were well versed in the legal regulation of business and U.S. labor laws?
In order for a country to realize its investment potential, a stable macroeconomic environment is essential. To reduce poverty and accelerate growth appropriate policies in institutions, good governance and property rights all contribute towards a positive investment climate (Mattioli, 2006). Lately, improved worker rights have turned out to contribute higher productivity growth, and therefore faster economic growth, better distribution of income amongst people as well as between workers and firms. In addition, the outcome is a more stable and strong local demand
Employers must offer the employees with a workplace that is free from discrimination and harassment, where all the employment decisions are made of basis of merit. Working environment should be such that all employees have the opportunity to perform to their maximum potential. An ideal workplace values equity, diversity and equality of opportunity (Mattioli, 2006). It is the duty of the employer to ensure that all employees receive certain basic employment rights. Presently, the workplaces today have become very diverse as one gets to work with different people, personalities and challenges that come along with the job and employees. Human resources have been created so as to assist organizations reach its goals whilst maintaining legal, safety and regulatory requirements.
The freedom and privileges given to the employer and employees are protected by different branches within the U.S. Department of Labor, Equal Employment Opportunity Commission (EEOC), and Occupational Safety Health Administration (OSHA). These departments have been created to ensure that all employees and workers are safely and fairly treated. For the safety of the employer and the employee need to know the ins and outs of the laws and regulations of employment that are in place for the safety of employer along with the employees. . According to the ILO Declaration on Fundamental Principles and Rights at Work, all member states are to offer opportunities for both men and women to obtain decent and productive work in conditions of freedom, equity, security and human dignity. The purpose is not just to create jobs but to create jobs of acceptable quality. As per the economic research on labor rights these along with other labor rights lead to substantial increases in economic growth in nations where they have been imposed and applied.
2. How would you train yourself to bargain not only with employees, but with other businesses you would come into contact with?
The term negotiating is being widely used nowadays even if we don't realize all human interactions are characterized by some kind of negotiation between or among people trying to give to and take from one another. In order to be successful in business, one must learn the art of negotiating with employees and other businesses. Negotiations skills are important to the smooth running of your business (Noe and Noe, 2012).
Everyday business leaders have to negotiate with customers, vendors, employees and bosses. Those who learn to negotiate effectively tend to have an advantage over others. In majority of the situations, making the first offer is the wise thing to do as when you are going to initiate, there is a possibility in negotiations for the first offer to anchor the negotiations. Negotiations can be of two types; win-lose or win-win negotiations. The biggest mistake made in negotiations is making use of the same strategy for every negotiation. A well trained negotiator would adapt his or her negotiating strategy in order to fit the situation. In business negotiations the most commonly used strategies are accommodating strategy, collaborative strategy and competitive strategy.
In order to negotiate successfully one must need to define your own objectives and subsequently plan and prepare for negotiations. According to Lax and Sebenius, managers frequently negotiate for authority, status, complaint...
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