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MODS Metadata of Drivers of wage demands in a low-inflation and recessionary environment

roleTerm ( text )
advisor 
namePart
Prof. M. Bussin 
roleTerm ( text )
author 
namePart
Mmolaeng, Makgotla 
dateAccessioned
2012-10-25T09:28:52Z 
dateAvailable
2012-10-25T09:28:52Z 
dateIssued
2012-10-25 
dateSubmitted
2012 
identifier ( uri )
http://hdl.handle.net/10210/7903 
note
M.Comm. 
abstract
According to Seboni (2007), narrowing the wage gap is a key concern for the trade unions and the linch pin on which many of the current negotiations have been based. Attempts to find a negotiated settlement to the wage dispute between the employer organisations and trade unions in various sectors are more often than not protracted leading to threat and ultimately strike actions by unions and their members. On the other hand Statistics South Africa (StatisticsSA) (2010) has indicated that inflation is down, spending is down, and economic confidence is at its lowest ebb for years. As businesses face up to their most challenging conditions for some time, the pressure on Human Resource (HR)to act is immense because jobs must be cut, wages frozen and recruitment stopped(Charman, 2008). This would not augur well with the unions within the South African environment where there are continuous endeavours to protect jobs, increase wages and a quest to get more unemployed into the job market.The current global economic meltdown requires of all role players to act cautiously in order for organisations to stay competitive whilst at the same time riding the storm. For the purposes of this study, remuneration includes components such as base pay, fringe benefits and perks, short and medium term incentives as well as long term incentives. 
languageTerm ( rfc3066 )
en 
topic
Recessions 
topic
Inflation (Finance) 
topic
Wage payment systems 
topic
Pay equity 
topic
Labor unions 
title
Drivers of wage demands in a low-inflation and recessionary environment 
genre
Mini-Dissertation 

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http://hdl.handle.net/10210/132423
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