This implementation of macro-economic

Running head: MANAGEMENT: LABOUR MARKET AND ORGANZIATION
MANAGEMENT: LABOUR MARKET AND ORGANZIATION
Name of the Student
Name of the University
Author Note

Question 1
The labor market trend in UK includes implementation of macro-economic context. This
implementation of macro-economic enhances understanding of labor market activity. This aspect
also helps in better knowing the Brexit, which is a major factor affecting the economic and labor
market developments. It has been seen that in the recent years jobs have been booming and
hence wise here has been an increase in the recruitment. Thus it is expected that the pressure of
recruitment will be increasing after the year of 2021. This ensures that there will be a restrictions
in the migration process will be established. Another aspect that is to be considered includes
majority of the Labor Market Outlook employers intend on increasing the staff levels and pay the
expectations to the labors and hence wise it is expected that the difference in between the public
and private sector will be decreasing. It is also seen that there has been issues related to the
confidence of the labors. This is due to the fact that there are challenges regarding retention of
labors in the organizations. It is also noted that the amount of high skilled jobs have been
constant over the years. There has been a removal of the migration cap. The supply of the high
and medium skilled jobs have been similar in nature. This includes the fact that better assessment
of the challenges that are present in nib provisioning remains. This enhances the fact that proper
assessment of the labors migrating will be considered and hence the labor demands has been
remaining constant in nature. It is also noted that the total number of employees functioning in
the lower skilled roles are at a constant rate and hence wise there is a proper balance in between
the labor demands and wants with the functional processing of the organizations. It is also noted
that there have been an expectation rise from 1% to 1.5%. However there has been a constant
pay expectation rise that ranges to 2%. It is also expected that there will be a 3% increase in the
basic pay in compared to that of the last year.

In case of UAE, the main aspect that is considered is that they are trying to achieve higher
stability in the labor management. This is expected to be beneficial in bettering the performance
level of the labors. UAE has the 8th most efficient labor market across the globe. They have also
been the 3rd best country that is successful in retaining of the clients. The sub indicators form the
third efficiency index of the market globally in terms of attracting the new talents. It is also said
that the skilled labors of first class draws nearly 12000 AED and the second skilled labors earn
an average of 7000 AED and the third category earn about 5000 AED.
In case of tight labor market, the main aspect that is considered includes the fact that there are
least availability of the labors and employees available. This ensures the fact that proper
assessing of the requirement of the skilled labors are high but the amount of skilled labors
present is low, this will ensure the fact that there will be a need of exhibition of newer talents
and developing new talents have been one of the major concern. Again in case of the loose
market condition, it can be stated that the demand of skilled labors in the market has been very
low. There is a surplus of skilled labors in the market but their requirement has been very low
(Pessoa 2016). From this state it can be declared that proper assessment of the new job creation
will be essential.
It gets more difficult for the organizations to sustain in the case of tight market condition. The
main aspect that is considered that despite there is a need of skilled labors, the demands cannot
be fulfilled. This process acts as a barrier in the expansion of the business organization. This is
where the business organizations needs to work hard to in a strategic manner to mitigate this
issue. Mitigation of this issue will ensure that better assessment of the recruitment and retention
process is to be performed. Hence wise proper planning regarding the retention of the employees
is to be performed. Proper training is to be provided to the employees and the labors that are
already in the organization for increasing the versatility of the employees. This internal training

of the employees will help in increasing the expertise of the employees in many fields. This will
also ensure that the organization providing proper internal training a competitive edge over the
other industries. Again in case of the loose market condition the main aspect that is considered is
that there will be availability of skilled labors (Glocker and Wegmueller 2018). This insists the
fact that all the business organizations will be having a vast option for hiring new employees as
per their needs but in this case, retention of the existing employees acts as a challenge for the
organizations.
Question 2
It is seen that the policy that are to be implemented for work purpose will be ensuring the fact
that better management of the business organization in the verge of maintaining a subtle
relationship with their labors. The policies are framed in a manner that will ensure that the
functional process of both the labors as well as the business organization is maintained
(Morikawa 2015). This is the main reason that the dynamicity of the policies proposed by the
government has been very high. The policies stated by them will be getting changed in a manner
that will be affecting the business organizations in a positive manner. The main aspect that is
considered in this case is that the flexible labor market is implemented. In this case the governing
body will be responsible for performing the policy development process. In case of
implementation of the flexible market it will ensure that there is proper intervention and
regulation as per the processing of the business activities which will ensure that competition
provided will be having a justified platform. This section also ensures that with flexible market
process implementation will ensure that process of hiring and terminating of the labors will be
getting easy. Another aspect that is considered is that proper assessing of the globalization along
with competitive sector will be acting as an important aspect that will be benefitting the business