Management Society and new forms of work Essay Example | Topics and Well Written Essays - 1500 words

Management Society and new forms of work - Essay Example On the other hand, it can be seen that this concept raises a lot of social issues that might also destabilise peace and tranquillity in different areas. Against this backdrop, this paper has been designed to explore the reasons why the issue of precarity is of concern to the current labour and management practices. The paper starts by outlining the concept of precarity and its impact on the welfare of people as well as to suggest measures that can be implemented in order to address this particular problem. The concept of precarity is a quite a new sociological discourse in the contemporary labour and management practice. â€Å"In 2003, the concept of precarity emerged as the central organizing platform for a series of social struggles that would spread across the space of Europe,† (Neilson & Rossiter, 2009, p. 51). This concept is concerned with highlighting the issue that social security in different workplaces is disappearing as a result of the fact that the employers are pr imarily concerned with productivity in their organizations while overlooking the needs and interests of the employees such as improving their welfare through offering them rewards for their efforts. This scenario is evident in different sectors of the society where people working on part time basis, permanent employees as well as the unemployed often find themselves in a predicament where they often fail to derive security from their jobs. These people live a precarious life whereby it can be seen that they are not in a position to secure themselves against things like mounting debts as well as to enjoy good welfare. People who are entitled to low wages also face the same predicament since they are forced to eke a living from the meagre income they earn from their work. The concept of precarity has negative effects on different sectors of the economy and society at large. Generally speaking, employees living under precarious conditions are not satisfied with their work. According to a study by Patterson et al (1998) entitled, ‘Impact of People Management Practices on Business Performance,’ it can be seen that people in an organization make a difference between success and failure. The management practices have an impact on the performance of the people in the organization. People who are satisfied with their work are productive compared to those who are not. Satisfaction can be derived if the employees are rewarded for their effort in an organization. However, if there are no measures in place that are designed to address the issue of employee motivation through giving them rewards for their performance, it can be observed that the workers are likely to lose goodwill in the company in the long run. The adverse effects of precarity among the workforce during the contemporary period mainly involve aspects related to quality of work as well as productivity. According to Robbins (1993), a workforce that is dissatisfied is likely to be less productive compared to workers who are happy about their work. This impacts on the performance of the organization as a whole since it may fail to achieve its set goals. On the other hand, it can be seen that this state of affairs can also compromise on the aspect of quality of the goods and services offered by the company concerned. This in turn may impact on the profitability of the company since the targeted customers