LABR 1F99 Lecture Notes - Lecture 6: Human Resource Management, Labour Power

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Buying the commodity labour power means buying a potential capacity to work, not buying actual work or workers themselves. Employers must find ways to turn the potential capacity to work in to the actual performance of work ex/ work effort. How to get the work out of workers?! The role of managers (bosses this is what they do!) Workers have free will or agency cannot be controlled in the same way as machines or other factors of products. Workers are not designed to be used for production alone, they have other characteristics, goals and motivations which effect how they work. How to get the work out of the workers. Disincentives to slack or inefficient work (definition) In the past, whipping, beatings, black holes , fines. Material rewards: performance based pay and bonuses, profit- sharing, monetary parties, promotion and raises. Psychic rewards (status and demotions, reducing hours, reductions in pay/benefits prestige): gold stars , autonomy, nicer workspace.

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