Economic crisis leads to huge changes in working practices


Global Wage Report 2012-13

  • Large numbers of employees are getting lower wages because they are working fewer hours and doing less overtime.
  • But rather than being a universally negative aspect of the economic crisis, reductions in working hours due to work sharing policies can be seen as a positive development
  • Work sharing is a reduction in working time to avoid lay-offs and it is a measure that helps to stabilize the economy


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s