109 lines
3.5 KiB
YAML
109 lines
3.5 KiB
YAML
abstract: 'Purpose - The purpose of this paper is to examine the role of specific
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active labour market policies (ALMP) and increased use of zero hour
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contracts (ZHCs) in creating an environment in which low-wage jobs
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flourish. Alongside these, it examines the role of financialization over
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the last 30 years in fostering the nuturalization of policies that
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institutionalize low wages and deregulate the economy in favour of big
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business.
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Design/methodology/approach - This paper draws upon academic literature,
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official statistics, and analyses via the concept of neoliberalism.
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Findings - This paper demonstrates that via a set of interconnected
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macro and micro factors low pay is set to remain entrenched in the UK.
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It has demonstrated that this is not the result of some natural response
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to labour market demands. Far from it, it has argued that these policy
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choices are neoliberal in motivation and the outcome of establishing low
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pay and insecure employment is a significant character of the
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contemporary labour market is deliberate.
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Research limitations/implications - This paper encourages a re-think of
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how the authors address this issue of low pay in the UK by highlighting
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alternative forms of understanding the causes of low pay.
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Practical implications - It presents an alternative analysis of low pay
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in the UK which allows us to understand and call into question the
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low-pay economy. In doing so it demonstrates that crucial to this
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understanding is state regulation.
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Social implications - This paper allows for a more nuanced understanding
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of the economic conditions of the inequality caused by low pay, and
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provides an argument as to alternative ways in which this can be
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addressed.
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Originality/value - The paper examines the relationship between the rise
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of neoliberalism and finance capital, the subsequent emergence of the
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neoliberal organization, the associated proliferation of ALMP and ZHCs,
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and the impact of these on creating a low-wage economy. It makes the
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argument that the UK''s low-wage economy is the result of regulatory
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choices influenced by a political preference for financialization, even
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if such choices are presented as not being so. Thus, the contribution of
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this paper is that it brings together distinct and important
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contemporary issues for scholars of employee relations, but connects
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them to the role of the state and neoliberal regulation.'
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affiliation: 'Grady, J (Corresponding Author), Univ Leicester, Sch Management, Leicester,
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Leics, England.
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Grady, Jo, Univ Leicester, Sch Management, Leicester, Leics, England.'
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author: Grady, Jo
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author-email: jkg10@le.ac.uk
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author_list:
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- family: Grady
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given: Jo
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da: '2023-09-28'
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doi: 10.1108/ER-03-2016-0059
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eissn: 1758-7069
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files: []
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issn: 0142-5455
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journal: EMPLOYEE RELATIONS
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keywords: 'Regulation; Inequality; Workfare; National minimum wage; New living
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wage; Zero hour contracts'
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keywords-plus: 'DISCONNECTED CAPITALISM; INCOME INEQUALITY; FINANCIALIZATION;
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COMMODIFICATION; NEOLIBERALISM; WELFARE; LABOR; UK'
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language: English
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number: 3, SI
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number-of-cited-references: '108'
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pages: 274-290
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papis_id: 3f714bef930754239f09b17350a8e666
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ref: Grady2017stateemployment
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times-cited: '10'
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title: 'The state, employment, and regulation: making work not pay'
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type: article
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unique-id: WOS:000401015400003
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usage-count-last-180-days: '0'
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usage-count-since-2013: '31'
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volume: '39'
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web-of-science-categories: Industrial Relations \& Labor; Management
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year: '2017'
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