Labor Market Dynamics in Singapore

This assignment delves into the complexities of Singapore's labor market. It examines various aspects, including industrial relations, the role of trade unions, the influence of globalization on employment patterns, wage structures, and the implications of efficiency wage theory. The analysis also touches upon the challenges posed by precarious work arrangements and the government's efforts to regulate and manage these dynamics.

Running Head: Labor Management relations
Labor Management Relations

Labor Management relations
Contents
Introduction.................................................................................................................................................1
4 Key Players of LMR...................................................................................................................................1
Government............................................................................................................................................1
Employees...............................................................................................................................................2
Trade Union.............................................................................................................................................2
Employer.................................................................................................................................................2
Analysis of Competitive Advantage.............................................................................................................3
Conclusion...................................................................................................................................................4
References...................................................................................................................................................5

Labor Management relations
Introduction
The report focuses on the labor management relations. The effective relation of the employees
helps the organization to achieve the targets and the objectives. It comprises of industrial life and
trade unionism. If there is proper labor management in the organization, then the activities can be
conducted in easy way without any conflicts. In this report, the discussion is made by
considering the main 4 key players that are government, employer, employees and the trade
union. The exchange union of Singapore was framed in 1951. Lim Yew Hock Government was
not taken into consideration by the Singapore factory and the union. The national exchanges
union was set up in 1962. The exchange union of Singapore has an association with each area of
the economy. The industrial relations in the Singapore give an impression of the connection
between the work development and Dominant political gathering. The exchange unions are the
instruments that are thinking about by the communists with whom they collaborate in extremely
troublesome circumstances. In 1961, the exchange union of Singapore partitions into the left
wing and the non-communist national Trades Union Congress.

Labor Management relations
The labor management Act has a connection with the Taft Hartley. It gives focus on many areas
and also it tries to minimize the disputes that are prevailing between the labors. LMRA gives
emphasis on the government labor law which is worried about the attitude of the correct
representatives that includes the limitations on the unions. In this the certification is made by
guaranteeing the right to speak freely and direct to businesses and the people. The primary point
of the arrangement is to give methods that keep the business and the workers away by taking into
consideration the rights that are related with the legitimate.
4 Key Players of LMR
The labor management relations are based on the 4 key players that are: Employees, Employer,
trade union and the government. It is very important to have a good labor relation, so that the
activities can be conducted in proper way without any conflicts. The roles of 4 key players are:
Government
Government takes into consideration and gives main focus on the worker and on the financial
criteria. The main point of the legislature is to analyze the issues that are focused on the union
and the organization with the goal that the outcome will be in a legitimate way. It will be useful
for the Singapore, and also by this the level of efficiency will be increased (Yeoh, Chee & Vu,
2014). Trade union is anxious about making effective working pattern of the laborers. The
working pattern gets improved by considering the industrial act, compensation act andalso the
working criteria of the workers. If corrective steps are taken by the country then the result will be
positive and also the effective connection can be made between the countries. Also the expansion
can be made if the organizations have a good financial condition (Bhave & Glomb, 2016).
Employees
Employees are measured as an asset of the organization. There are various problems the
employee suffer at the time of conducting the activities assigned by the organization. The
organization tries to give focus and tries to upgrade the work which motivates the workers, so
that they can perform their function with full devotion (Tremewan, 2016). The agents who
conduct their operations in the remote areas are given more emphasis, so that their efforts can’t
be ignored. The organization should increase the retirement age of the people, so that they can

Labor Management relations
earn easily and can easily survive. The employees, who are dependent on their salary, face many
difficulties after the retirement. The retirement benefits should be also offered to the employee’s,
so that they can easily conduct their operations and can earn money easily (Ehrenberg & Smith,
2016).
The company should give benefits according to the capability of conducting the task. The salary
of the workers should be enhanced by analyzing the working pattern. It is very important to give
main emphasis on the trade union and on the government. The workers or the employees should
be paid according to the qualification and the ability to complete their task (Christiano,
Eichenbaum & Trabandt, 2016).
Trade Union
The trade union is also responsible to maintain and create proper labor relations. Trade union
provides jobs to those people who really want to earn money. Trade union gives main focus to
give employment to the people of Singapore and also to survive in the market where the level of
competition is high. NTUC offers standard which enhances the status and position of the worker
to execute its activities in effective way. They only take into consideration the work which gives
positive outcome to the organization (Ministry of Manpower, 2017). The responsibility of the
trade union is to keep harmony by maintaining the business relations between the laborers and
managers. The union offers a great platform to enhance the level of production, so that there can
be proper understanding between the laborers. It assists the employees to work in proper way
towards the work. If employees conduct their activities with full dedication then it can be easy to
achieve the objectives and goal of the association. The trade union helps to report the issues
which are related with the industry and which enhance the position of the employees,
government and the experts (Donaghey, Reinecke, Niforou & Lawson, 2014).
Employer
The main responsibility is of the employer to maintain relation between the workers or the
laborers. The Singapore national federation reveals the union to assist the organization with the
goal that the operations can be conducted and enhance the profitability of the company. It helps
the businesses to accomplish the objectives and to conduct the operations which are routine in
nature. It has assisted the individuals who belong from the corporate background to allow the
organization that exists in tripartite (Waring & Lewer, 2013). The agent Of LMR enhances the

Labor Management relations
employability by taking assistance from various approaches which helps the workers to conduct
its operations in a viable manner. The individual who belongs from a corporate background helps
to conduct its operations according to the rules and procedures. To attract more investors various
techniques are taken into consideration, so that it can lead to establishment of the organization.
The individual who belongs from the corporate group helps to assist the policies and procedures
which should be taken into consideration for proper and smooth working (Dhar, 2015).
Analysis of Competitive Advantage
LMR gives main emphasis on attracting the investors as it can maintain the competitive
advantage and also help to deal with various situations that are prevailing. By taking into
consideration Singapore, it is seen that the relations who are concerned with the tripartite is
between the government and the top management. It is very essential to consider the increasing
level of competition and also to give emphasis on the specialist who is from the legislature
background. (Den Haan, Ilzetzki, Ellison & McMahon, 2017).
For instance, if the issues that are prevailing are taken into consideration due to the advancement
in the budget process. The issues are seen by considering the managers and the executives. The
Progressive wage is focused on enhancing the efficiency and it assist to increase the wages of
agents by modernizing talents and to enhance the level of profitability. The wage model is
concerned with the people who are conducting the activities like cleaning, safety. The model
improves the motivation level which is implemented by the national wages committee and that
gives focus on increasing wages of an individual. NTUC helped by finishing the advancements
of the law which is concerned with the employees. The business which is situated in Singapore
covered a huge crowd which started by taking into consideration the top management and the
employees (Metters &Metters, 2017). The LMR is considered as a process which is used to
compete with the competitors in the market. The workers are offered marriage leave, maternity
leaves and also there are various different leaves that are given. For offering the benefits to the
workers it is compulsory to take the permission from the top management of Singapore and also
there are various benefits that are considered by the trade unions. When the organization gives
positive situations and introduces the situations that are beneficial for the laborer, at that level it
is seen that motivation level of the individual is enhanced in a proper manner. It is analyzed that

Labor Management relations
if the working pattern of the laborers is enhanced then they become more dedicated towards the
work and focus on attaining the objectives and goals of the organization (Chua, Lim, Ter &
Chew, 2014).
The wage structure focuses on creating an effective environment for the laborers. The company
tries to build an effective wage structure which gives benefits and also help to attain the
incentives. The employee should have the feeling of competition then only they can give their
best towards the work and can attain their position in the organization (Tan, 2016).It is the duty
of the management to give motivation to the employees who are working in the organization, so
that they can easily promoted to high level. LMR enhances the motivation level of the employees
to work in effective way and it lead to the operations in Singapore in a legitimate way (Ministry
of Manpower, 2017). LMR of the Singapore has promoted the profits of the company. If there is
an extra work performed by the laborers then it can be seen that the employer can easily attain
the objectives related with the organization. If effective training is offered to the employees then
the laborers can be retained in an organization. National wage council methods and guidelines
are based for planning and also for minimizing the conflicts. It helps to attain the development in
the market. The main focus is given to the market where the level of competition is high (Weiss,
2014). The wage that is offered to the laborers should be according to the qualities and tasks
which they are performing in the organization. There are different provisions and approaches that
are used to minimize the conflicts. The wage framework should be adapted so that the worker
can consider the advancements which help to compete in the market. The lowest pay allowed by
the gives emphasis on improving the adaptability and also to secure the activities (da Silva &
Turrini, 2015).
Conclusion
By investigating the report, it is concluded that there are different issues that are looked by the
Singapore Tripatism and the issues are worried about preparing, upgrading the working structure
and also the abilities of the representatives. These issues can be taken care of in a successful way
by the businesses, government and the Trade unions. The report gives focus on the making and
maintaining the labor relations. It is important to have a successful work connection with the
administration. The representatives who are working in Singapore upgrade the level of

Labor Management relations
competition for the organization. The legislature and trade union of Singapore gave many points
to the representative like security of the specialists, wages of the laborer. The opening for the
work of the representatives is improved in legitimate way. Training of the employees can help
the organization to attain the profitability and also to make the workers feel committed and
persuaded towards the work. The workers help the organization to accomplish the objectives and
goal of the organization. Also by analyzing the report it is seen that labor relation plays a great
role and also help the organization to enhance its growth in the market.
References
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the surface acting–job satisfaction relationship. Journal of Management, 42(3), 722-741.
Christiano, L. J., Eichenbaum, M. S., & Trabandt, M. (2016). Unemployment and business
cycles. Econometrica, 84(4), 1523-1569.
Chua, S. C., Lim, Y. W., Ter, T. T., & Chew, S. B. (2014). Efficiency wage theory: Evidence for
Singapore manufacturing sector. The Singapore Economic Review, 59(03), 1450021.
da Silva, A. D., & Turrini, A. (2015). Precarious and less well paid? Wage differences between
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Donaghey, J., Reinecke, J., Niforou, C., & Lawson, B. (2014). From employment relations to
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