MGB201 Lecture Notes - Capital Accumulation, Dynamic Equilibrium, General Union

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5 Jul 2013
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Employment relations - reflects the realities of work and its regulation at the end of the 20th century. Also reflects the focus of both industrial relations and human resource management on the employment relationship and its broader contexts. Common law - plays key role in clarifying who is an employee. Legislation/statutes - federal government given general powers to settle and prevent interstate disputes by conciliation & arbitration and also set wages and conditions for own employees. Awards and agreements - set out minimum wage rates & working conditions which must be provided. They are determined by australian industrial relations commission via dispute settlement in the past. Federal minimum wage set by australian fair pay commission between 2006 & 2010. International law - ancillary source of regulation which can influence rights and duties of parties to employment. Key source of regulation comes from international labour organisation.

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