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

 

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