Keep paying above market rate and face mass unemployment

MICHEL PIREU: (pireum@bdfm.co.za) has contributed the following words of wisdom in his StreetDogs column in BusinessDay today, being extracts from Planning for Freedom: Let the Market System Work, A Collection of Essays & Addresses by Ludwig von Mises:

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Decent work in South Africa

A letter appeared in BusinessDay by SC Weiss “Temp work is ‘decent’” in response to an opinion expressed by Tony Leon “State religion does not have all the answers to jobs crisis” in BusinessDay on 26 June 2009 and wishing he could live on Planet Leon instead of Planet Mdladlana.

Sustainable South African organisations: need for change

Dr Sutherland, a senior lecturer in Human Resources (HR) at the Gordon Institute of Business Science (GIBS), has made a valuable and substantial contribution to the need for a change in a BusinessDay article on 24 June 2009 entitled “Human resource management in treacherous times“.

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Saving jobs: rational consideration of alternatives

Representatives of the South African government, business and the trade unions responded to the international economic crisis on 19 February 2009 with a “Framework of Action”.   The framework deals in part with what are called Employment Measures, and uses the word ‘retrenchment’ without fully appreciating its negative connotation.   Although the term appears nowhere in our labour legislation its frequent use, especially by the drafters of the Framework, is unfortunate because the focus ought to be on saving jobs, not regulating their destruction.

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