Future of work: Strategy roadmap for labour

Future of work: Strategy roadmap for labour Phuah Eng Chye (16 March 2019) The most pressing question in the future of work is how to fix a broken labour market. Large industrial employment and traditional labour regulation grew up alongside each other and both are in tatters. Traditional employment is being replaced by transient and … “Future of work: Strategy roadmap for labour”

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Future of work: Re-defining work (Part 6: Monetising participation)

Future of work: Re-defining work (Part 6: Monetising participation) Phuah Eng Chye (5 January 2019) The paradigm of participation[1], as compared with employment, expands the sphere of potential economic engagement. It requires establishing a platform (similar to sharing) to facilitate formal organisation for a broad range of activities to be monetised. But there is a … “Future of work: Re-defining work (Part 6: Monetising participation)”

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Future of work: Re-defining work (Part 3: Bad jobs, good jobs and what governments could do about it)

Future of work: Re-defining work (Part 3: Bad jobs, good jobs and what governments could do about it) Phuah Eng Chye (24 November 2018) An important step to defining work is to clarify the difference between bad jobs and good jobs. In this context, the label of bad job doesn’t refer to the job per … “Future of work: Re-defining work (Part 3: Bad jobs, good jobs and what governments could do about it)”

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Labour share of income: (Part 7 – The roles of wages and profits)

Labour share of income: (Part 7 – The roles of wages and profits) Phuah Eng Chye (7 July 2018) Wages have an important role in an economy. The International Labour Organization (ILO) notes they “are a major source of household income in both developed economies and emerging and developing economies. In developed economies, wages represent … “Labour share of income: (Part 7 – The roles of wages and profits)”

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Labour share of income (Part 5: The quandary of labour reform)

Labour share of income (Part 5: The quandary of labour reform) Phuah Eng Chye (23 June 2018) Corporations set wages and hence determine the distribution of income. In the early phases of industrialisation, public abhorrence over appalling work and social conditions galvanised governments to introduce labour legislation and institutions (trade unions) to protect ordinary workers. … “Labour share of income (Part 5: The quandary of labour reform)”

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Labour share of income (Part 3 – Causes of wage inequality)

Labour share of income (Part 3 – Causes of wage inequality) Phuah Eng Chye (9 June 2018) Technological advances lead to significant changes in the organisation of work which changes the distribution of rewards. Karen Harris, Austin Kimson and Andrew Schwedel note the “tendency of displacement and long-term unemployment to erode earnings may cast a … “Labour share of income (Part 3 – Causes of wage inequality)”

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