Imagine that you were asked by your divisional president to present a 5 ? 6 page profile of the labor management practices in INDIA. This ?white paper? will serve as an important decision point on whether or not your company will establish a major facility in this country, or acquire a local company in order to develop their global reach. The key question will be do we want to have a significant number of local employees in this country and what will be the ?hassle factor? of selecting, retaining, and perhaps discharging them.
Topics to be researched and discussed will include:
An executive summary of the country?s political, economic, and social system.
? A profile of the educational system, standards of professional degrees and preparation,
and size of the trained workforce as a percent of the general population. How large is the
educated labor pool?
? Standards of employment law. Statutory or implied terms of employment contracts and the legal conditions for discharge. Explicit and implicit terms of employment and the role of labor unions.
? Labor conditions and working times, paid-time-off, equal opportunity laws, and parttime
work practices.
? Compensation systems. What are the general prevailing labor costs and how are salaries
and wages determined? In other words, the cost of human capital.
? The identification of other cultural constraints that would influence the free flow of labor
?goods and services.?
? Based on the identification of a specific industry, a reasoned analysis for the kind of
businesses you would consider purchasing or the strategic alliance you would recommend based on the local ?human capital? conditions.
Below questions have to be answered for the country INDIA. I have attached a sample document which gives the compensation systems in Zambia.Please have a sub-title for every questions asked above..for example 1) compensation systems: write a paragraph..2) Labor conditions and working times:
Also it is important to mention the sources in the footnotes..just need the link from where the figures were taken..which will enable me to refer to them.
Please let me know if you require any further details. I can be contacted at nunnarajkumar@gmail.com.
