Analyzing EU's Impact on Industrial Democracy & HRM in Organizations
VerifiedAdded on 2023/04/17
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Report
AI Summary
This report examines the influence of the European Union on industrial democracy within organizations, focusing on how European legislation encourages employee involvement in decision-making. It explores the positive impact of this involvement on worker performance and organizational success, emphasizing the role of each member in decision-making and its effect on profits. The report details the structure of industrial democracy in various European countries and highlights the competitive relationship between managers and workers in the UK. Various methods for gaining employee participation in decision-making are compared, including participation at the board level, through ownership, collective bargaining, and job enrichment. Furthermore, the impact of human resource management (HRM) approaches on employee relations is analyzed, emphasizing the importance of managing human resources properly to ensure a satisfactory working environment and positive client experiences. The report also discusses the hard version of HRM, which emphasizes resource adoption to reduce costs and maximize profits, and concludes by highlighting how HRM, by considering commitment, adaptability, and quality of skills, leads to improved employee performance.
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