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Archive Question #0091

 

Cheers for helping me before. I need to know a few things about economics which I am unclear on.What legislation is there for recruitment and dismissal/redundancy?If one business in the UK is trading with another business in another country whose legal system governs their trade? What measures are there of economic activity and what problems are there in these ways? How do you differentiate between fair and unfair dismissal? How do trade unions co-operate with employers and also promote employer/employee relations? Why is the state a consumer? What is the relationship between exchange rates with taxation and public expenditure? Why does the city want a strong pound? I'm sorry that there are quite a few questions!!

Lots of questions and I will answer one now.
Dismissal/redundancy - There are two main areas for legislation on dismissal. Unfair dismissal and unlawful dismissal. Unlawful dismissal is if you have been dismissed under reasons of race, male/female or other factors. This is unlawful and you have a right to sue. Unfair dismissal is when the company has not followed its own procedures and has dismissed you. If they have NOT followed their own procedures then you would probably win a case in court and gain substantial damages, and you job back (if you wanted it). You do not get the right to unfair dismissal unless you have been in employment for over 1 year.

Agreements between companies in different counries - usually the companies will sign an agreement identifying whose law any dispute will be processed under. But often companies just trade without legal protection.

Fair dismissal is where the company has followed its procedures correctly and dismissed an empoyee. Unfair dismissal is where the comapny has disregarded its procedures and dismissed an employee anyway. Example if a company had a procedure where it would ask for a doctors certificate for prolonged illness - but it fired someone who was sick without asking for the certificate then that would be unfair dismissal.

Thankyou very much for making a start, its much appreciated and its been really helpful. Hope to read the other answers soon,

Lisa

The state is a consumer because it buys things - just like a consumer. What does it buy? Well it takes out loans (big ones mind) and the government (on behalf of the state) buys lots of things - Defense, health, etc etc...

Greg


 

     


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