Research Business Environment Challenge: Solution Questions

By: Lok, Johnny Ch

What factors cause the increased in the ageingpopulation arises the wage costs of enterprises in labour economy view ?Nowadays, any countries, the increased in the ageing population arises the wage costs of enterprises in two ways. The first is the seniority-based wage system, the ageing of the labour force naturally leads to a rise in the total wage costs. For example, the senior position, e.g. CEO, manager, doctor, lawyer etc. different professional or senior management occupations. The middle or old age labour both groups whose wages will be higher than the young age labour group. Their high wages level are depended on their working experiences, knowledge and educational level. So, if the young employee who has been working in the same firm (employer) from the under level clerk position to be promoted to the senior level CEO or Senior mangagement position during who is middle age or old age stage. Then, the firm's senior level and under level wage gap will be larger to compare with it chooses to recruit the another new employee who enters to this firm to do the senior level position. Because the firm's distance of wage gap between the lower level and the middle or upper level employees, it is depended the factor, such as the upper level employee position who is either come from whose firm's promotion or the choice of its new staff's outside employment method. So, why the difference of wage distant gap to any large enterprise, which is caused by the senior management level position is either recruited from promotion method or recruitment from outside employment method. It seems that the important determinant of working conditions for individual employee to cause wage inequality to Japan and China both countries, including job stability, wage level and opportunity for receiving training etc. job market factors. Also it seems that the cause of their wage inequality reasons include the individual labour's education level, skillful level and individual labour's age etc. different personal factors mainly. Otherwise, the other factors to cause wage inequality to America, it is possible to link these factors, including structural changes on the labour market to industrial dynamics, deindustralization, technology innovation changes to work nature and commercialization of micro-economic factors. So, the nature of inequalities, e.g. wage vs other types of income, it is the nature of link of different age and/or occupation groups. Thus, different countries will have different factors to cause wage or income inequality. Such as, America wage inequality is caused by the macro economic factor mainly, it focuses on structural changes on the labour markets as a consequence of industrial dynamics, deindustralization, changing technology work nature to cause America wage inequality consequently. Otherwise, Japan and China wage inequality is caused by personal education and working experiences and job market factor.Q8Is the cause of wage inequality challenge come by individual labour factor or macro social environment factor more? Whether the cause of wage inequality challenge is come by individual labour factor more or macro economic factor more. I shall consider the political economy to explain whether either individual labour personal factor or macro economic external factor which is more caused to wage inequality. For example, Japan has experienced a significant increase of inequalities since the early 1980 year. Japan's government policy has charged high income tax to individual income and it also had only sightly increased between 1989 year and 2001 year.

• Format: Paperback
• Language: English
• ISBN: B08RBFKNMK
• ISBN13: 9798587111110
• Release Date: January 1
• Publisher: Independently Published
• Length: 78 Pages
• Weight: 0.51 lbs.
• Dimensions: 0.2" x 8.0" x 10.0"