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Economic tricks : Comments
By Adrian Pagan, published 22/1/2008So abolishing WorkChoices would cost up to 400,000 jobs? Let's take another look at those figures ...
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Posted by Fozz, Thursday, 24 January 2008 7:46:26 PM
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Why would workchoices prompt employers to hire more than they needed? Recruitment and training costs are very expensive. If you are not obliged to pay penalty rates, shift allowances etc and you can sack someone on a whim, then it becomes more economical in many cases to simply make existing employees work as many hours as possible on the single ordinary time rate.
Workchoices was simply about a transfer of power from employee to employer. The proponents of such a scheme must have assumed that too few people would have been negatively affected to make a difference to the vote or that those not (yet)been affected would not care what happened to their friends, relatives, countrymen etc. I fail to see how introducing a policy that effectively allowed for the lowering of many people's ability to consume in such a consumption based society made good economic sense.