Fundamentals of Employment Relations (ER) - HRM2BB2
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Fundamentals of Employment Relations (ER) - HRM2BB2

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@InfallibleNobility5003

Questions and Answers

What should students be able to demonstrate at the end of this learning unit?

An understanding of the concept and nature of employment relations and how it has evolved from industrial relations.

What is a major challenge faced by the South African economy?

  • High literacy rate
  • Low population growth
  • High inflation rate
  • High crime rate (correct)
  • What was South Africa's Gross Domestic Product in 2011?

    $400 billion

    The unemployment rate among those aged 15-24 years in South Africa is _____%.

    <p>63.9</p> Signup and view all the answers

    What percentage of South Africa's economy do state-owned enterprises represent?

    <p>Approximately 700 SOEs involved in various industries</p> Signup and view all the answers

    The graduate unemployment rate in South Africa is lower compared to other educational levels.

    <p>True</p> Signup and view all the answers

    What is one key ingredient that makes employment relations dynamic?

    <p>Justice perceptions</p> Signup and view all the answers

    Which of these factors negatively impacts the stability of employment relations in South Africa?

    <p>Inequality</p> Signup and view all the answers

    Study Notes

    Goals of the Learning Unit

    • Understand the evolution of employment relations (ER) from traditional industrial relations.
    • Identify and discuss different ideological and theoretical perspectives influencing conflict and cooperation in ER.
    • Recognize the multidimensional nature of contemporary employment relationships and their practical relevance.
    • Differentiate between tripartite and multipartite systems in employment relations, including key role-players and stakeholders.
    • Describe four key ingredients that contribute to the dynamic nature of employment relations.
    • Analyze the implications of justice perceptions on ER theory and practice.
    • Explore how organizational ER dynamics interact with broader environmental factors.

    Economic Context in South Africa

    • South Africa ranks as the second largest economy in Africa, known for being a manufacturing hub.
    • It is the most industrialized and technologically advanced African economy, categorized as upper-middle-income.
    • GDP rose from $133 billion in 1996 to $400 billion in 2011, subsequently declining to approximately $385 billion by 2019.
    • Foreign exchange reserves grew from $3 billion to nearly $50 billion within two decades post-apartheid.
    • The government owns stakes in around 700 state-owned enterprises (SOEs), impacting various key industries.

    Employment Challenges in South Africa

    • The country faces high crime rates, poor security, and significant economic inequality.
    • Unemployment stands at 34.5%, with youth unemployment drastically higher at 63.9% for ages 15-24 and 42.1% for ages 25-34.
    • Despite a relatively low unemployment rate among graduates, youth remain disproportionately affected by joblessness.
    • Unemployment for young graduates decreased from 40.3% to 32.6%, whereas it rose for older youth (25-34) to 22.4%.
    • Economic growth remains low, with a 4.9% annual increase noted in 2021 and only a 1.2% rise in the last quarter.

    Impact on Employment Relations

    • Rising unemployment and related challenges threaten the stability of employment relations in the country.
    • Workers experience issues related to injustices and fairness, critical to societal well-being.
    • The field of Employment Relations focuses on income-generating work and related fairness challenges, indicating its relevance to social stability and economic performance.

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    Description

    This quiz explores the foundational concepts and evolution of employment relations, particularly in the context of industrial psychology and people management. It aims to equip students with a nuanced understanding of this essential field in human resource management.

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