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Raising Labor Productivity Methods

Raising Labor Productivity Methods

          
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About the Book

I shall assume that working wage or salary of every individual labors can not be increased, even can be decreased as well as whose normal working hours can be increased abnormally in generally. This means that the Hong Kong individual worker's income will be decreased and general productivity raising is not affected generally, due to HK employers need current labors to work abnormal extra working hours to attempt to raise productivity daily, but their salary or wage have not increased more. However, HK employers need many workers to accomplish the same amount of work, even who don't like to employ extra labors to assist current workers to achieve long term productivity raising in their companies. These abnormal working hours labors will feel unfair treatment, due to they need to work abnormal working hours, but their salary or wage have not been increased.In the first scenario of my hypothesis is about that HK labor employment market's general salary or wage has not been increased to the normal proportion of the increased extra abnormal working time(hours). Then, in HK labors market, due to the numbers of labors supply is more than the jobs supply because HK employers don't like to pay more salary or wage expenditure to employ extra labor, but they like to increase extra abnormal working hours to current workers to aim to achieve productivity. So it will cause many HK job seekers with adequate qualifications or with less qualifications who won't find any jobs easily, then the HK the numbers of unemployed people will be increased and their household incomes will decrease to cause many HK household do not like to spend easily. The result will cause a negative effect on HK social private consumption will be decreased and the businessmen' income will be decreased also. So, HK people private consumption decreasing will influence HK economy growth to be slow, even it will cause HK economy declining in the long time.In the second scenario of my hypothesis is about that Hong Kong workers are fully compensated for the increasing extra abnormal working time(hours) by the abnormal additional working hours calculation. Although, Hong Kong companies' productivity will be raised, but which are not to the extent that it compensates Hong Kong enterprises for their increased wage or salary costs. In fact, Hong Kong enterprises, their costs are passed on to the clients, it causes Hong Kong's economic growth has an impact on international competitiveness to cause economic declining in possible when these enterprises need to raise their products' sale prices to balance their salary or wage cost raising to win their import competitors. Another effect is that Hong Kong individual labor's incomes decrease, which means that Hong Kong private consumption also falls in this scenario to influence HK economic growth seriously. Thus, the HK economic growth problem will be caused, due to these factors lead to a fall in Hong Kong social household private consumption. Consequently, it will cause many HK employers hope to raise Hong Kong productivity and they will raise the total amount of Hong Kong labor actually worked hours will be risen to such as extent as the increasing in normal working time(hours) from 8 or 9 hours per normal working day to 10 or 11 or 12 hours, even more extra abnormal hours per working day to the current labors. But they do not like to spend more salary or wage expenditure to employ full time extra labors, instead of increasing extra abnormal working hours to current labors to achieve productivity of raising, due to the cost will be increased if they choose to employ extra full time labors if they want to raise productivity. However, I feel they will raise productivity in the short term, but they will not raise productivity in the long term when they choose to raise their current labors abnormal working hours per working day.


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Product Details
  • ISBN-13: 9798627540627
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 78
  • Spine Width: 5 mm
  • Width: 203 mm
  • ISBN-10: 8627540624
  • Publisher Date: 18 Mar 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 236 gr


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