Analysis Abnormal Working Hours Whether: Raise Productivity

Author:   Johnny Ch Lok
Publisher:   Independently Published
ISBN:  

9781793285317


Pages:   36
Publication Date:   06 January 2019
Format:   Paperback
Availability:   Temporarily unavailable   Availability explained
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Analysis Abnormal Working Hours Whether: Raise Productivity


Overview

In the second scenario of my hypothesis is about that Hong Kong workers are fully compensated for the increasing extra abnormal working time(hours) by the abnormal additional working hours calculation. Although, Hong Kong companies' productivity will be raised, but which are not to the extent that it compensates Hong Kong enterprises for their increased wage or salary costs. In fact, Hong Kong enterprises, their costs are passed on to the clients, it causes Hong Kong's economic growth has an impact on international competitiveness to cause economic declining in possible when these enterprises need to raise their products' sale prices to balance their salary or wage cost rasing to win their import competitors. Another effect is that Hong Kong individual labor's incomes decrease, which means that Hong Kong private consumption also falls in this scenario to influence HK economic growth seriously. Thus, the HK economic growth problem will be caused, due to these factors lead to a fall in Hong Kong social household private consumption. Consequently, it will cause many HK employers hope to raise Hong Kong productivity and they will raise the total amount of Hong Kong labor actually worked hours will be risen to such as extent as the increasing in normal working time(hours) from 8 or 9 hours per normal working day to 10 or 11 or 12 hours, even more extra abnormal hours per working day to the current labors. But they do not like to spend more salary or wage expenditure to employ full time extra labors, instead of increasing extra abnormal working hours to current labors to achieve productivity of raising, due to the cost will be increased if they choose to employ extra full time labors if they want to raise productivity. However, I feel they will raise productivity in the short term, but they will not raise productivity in the long term when they choose to raise their current labors abnormal working hours per working day.The assumption will be made regarding to the relationship between the HK labor market's abnormal long time working hours factor and whether it can influence Hong Kong economic growth in long time for this research economic problem. For example, how many hours Hong Kong labor would actually work or how much workers have efficient productivity and efficiency and how much salaries or wages would be affected as a result of the increasing in working time(hours) in Hong Kong employment market.I shall apply endogenous growth theory to Hong Kong labor market. As this theory indicates that this model also incorporated a new concept of human capital, whose capital is increasing rates of return. Research done in this area has focused on what increases human capital ( e.g. education) or technological change ( e.g. innovation) to influence HK economic growth. In macro economic environment, it indicates that economic growth means the increase in the market value of the products and services produced by the country's economy over time. It is conventionally measured as the percent rate of increase in real growth domestic product or real GDP. The growth of the ratio of GDP to population (GDP per capital, per capita income). Thus, an increase in growth is caused by more efficient use of inputs is referred to as intensive growth. GDP growth is caused only be increased in such as capital, population or territory is called extensive growth. Thus, in economy growth theory, typically refers growth off potential output, i.e. production is at full employment. However, HK unemployment ratio is still high to compare other developed or developing countries, although the labors supply are enough to HK employment market.

Full Product Details

Author:   Johnny Ch Lok
Publisher:   Independently Published
Imprint:   Independently Published
Dimensions:   Width: 21.60cm , Height: 0.20cm , Length: 27.90cm
Weight:   0.109kg
ISBN:  

9781793285317


ISBN 10:   1793285314
Pages:   36
Publication Date:   06 January 2019
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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