Employment Relation System In Australia Essay

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Since the 2008 global financial crisis, managers in the capitalists United States and the UK have been keen on increasing productivity while suppressing employment-creation resulting in work effort intensification and stronger managerial prerogative (Gregory & Harary, 2012, p.508). In these two countries, the emphasis since the financial crisis has been that operational and financial productivity in an organization can be improved by increasing employer involvement and individual bargaining (Morgan & Zeffane, 2003, p.544). Australia has also been seeing a transition inclined towards modern and individualized employment relation system instead of a collective traditional one. According to Campbell & Brosnan (1999), these changes are to blame on the involvement of the two main political parties in Australia in satisfying the needs of big corporations and foreign private investments through widening the wage gap between employers and employees, and …show more content…

Drucker also believed that industrial communities should be formed out of industrial organizations in order for workers to feel esteemed and fulfilled through achieving their work without the need to achieve their social needs outside the work place (as cited in Gregory & Harary, 2012, p.424). According to Drucker, management is the only actor in the employment relation system that has the ability to manage the diverse workforce of today for the benefit of all mankind (as cited in Gregory & Harary, 2012, p.420). Drucker’s views are still relevant because in the diverse demographics of the work place today, managing diversity through contemporary employment relation systems is

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