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A New Social Contract For The American Workplace: From Paternalism To Partnering, Murray L. Weidenbaum, Kenneth W. Chilton Nov 1994

A New Social Contract For The American Workplace: From Paternalism To Partnering, Murray L. Weidenbaum, Kenneth W. Chilton

Murray Weidenbaum Publications

As American business struggles to cope with global competition, technological breakthroughs, and various forms of deregulation, the workplace is being thrown into turmoil. Against this backdrop, 1994 is also on pace to set a record for publicly announced downsizings, most of them justified under the banner of "restructuring." This study is the first comprehensive look at this evolving picture.


How To Restore Employee Trust In Management: A New Social Contract For The American Workplace, Murray L. Weidenbaum Nov 1994

How To Restore Employee Trust In Management: A New Social Contract For The American Workplace, Murray L. Weidenbaum

Murray Weidenbaum Publications

The number of layoffs and the amount of downsizing in corporate America are both happening at unprecedented rates. Firing workers has falsely become the ultimate management tool to success. The old social contract of work in exchange for fair pay and some measure of job security is deteriorating. Accordingly, this paper introduces a new social order that replaces paternalism with partnership, views employees as value-adding resources, and focuses both employers and employees on meeting the customers' needs and desires.