A Theory of Employment Systems
Micro-Foundations of Societal Diversity
By (author) David Marsden
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Theory of Employment Systems by David Marsden
Book DescriptionA Theory of Employment Systems considers why there are such great international differences in the way employment relations are organized within the firm. Taking account of the growing evidence that international diversity persists despite 'globalization', it sets out from the theory of the firm first developed by Coase and Simon, and explains why firms and workers should use the employment relationship as the basis for their economic cooperation. The originality of the employment relationship lies in its flexibility. It gives managers the authority to organize work, but it also establishes limits on employees' obligations. The nature of these limits is fundamental to our understanding of the employment relationship and its international diversity. The author argues that they are provided by four basic types of employment rule. Which one predominates in a given environment is the source of international diversity in employment relations. Drawing upon evidence from the US, Japan, France, Germany, and Britain, the theory is developed to show why such diversity extends deep into key areas of human resource management, such as performance management, incentive pay, and skill development. It also explains why the open-ended employment relationship continues to dominate work despite the growth of market-mediated work relations.
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Book DetailsISBN: 9780198294221
(233mm x 155mm x 17mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 16-Sep-1999
Country of Publication: United Kingdom
Books By Author David Marsden
Employment in the Lean Years, Paperback (August 2011)
Chapters by leading experts on unemployment, immigration, pay, and trade unions discuss what can be learned from the past two decades, and what should be done now to tackle Britain's current labour market problems, arguing for a more targeted approach to tackle unemployment, exclusion, and inequality consistent with today's tight public budgets.
Wage Structures, Employment Adjustments and Globalization, Hardback (April 2010)
This volume examines the development of linked and panel data sets for European labour market and social policy analysis, with special focus on labour turnover flows and mobility, the role of labour market institutions and firms' human resource strategies in relation to wages, and the labour market outcomes of internationalization.
Theory of Employment Systems, Hardback (September 1999)» View all books by David Marsden
'A Theory of Employment Systems' provides an analysis of employment systems in leading industrialized countries at both macro and micro levels. In doing so, the author reviews the major theories of the firm in management studies and economics, and links these to company level employment practices.
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Author Biography - David Marsden
David Marsden is Professor of Industrial Relations at the London School of Economics. His career has also taken him to Aix-en-Provence, Trier, and Rome as a Visiting Professor. He has researched extensively on comparative industrial relations and labour markets, and he has worked with the ILO, the OECD, the European Commission, and the World Bank. At present, he also acts as a member of a team of advisors to European Commissioner Edith Cresson on education and training policies in the EU.
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