Casualization in Occupational Settings: An Investigative Study

2021 ◽  
pp. 42-50
Author(s):  
Kennedy A. Osakwe ◽  
Rachael E. Osakwe
Keyword(s):  
Occupational Health ◽  
Industrial Relations ◽  
Least Square ◽  
Primary Data ◽  
Full Time ◽  
Negative Effects ◽  
Short Term ◽  
Contract Work ◽  
Term Contract ◽  
Short Term Contract

Introduction: This research explored the Effects of Casualization on the Welfare of Workers using a de-identified multinational oil company in Nigeria as a representative case. Objectives: The objectives of the study were to examine the effects of casualization of workers, associated irregularity of work, and deprivation of workers’ right. Methodology: A close-ended questionnaire was used to collect primary data. Out of 150 copies of the questionnaire administered, 122 were dully filled, returned and analysed using descriptive statistics. Results & Discussion: Three hypotheses were proposed and analysed using multiple regression of ordinary least square (OLS) statistical method and tested at 0.05 level of significance for the hypotheses. The result showed that there were significant negative effects of casualization of workers for a short-term contract work, irregularity of casualization of work, and deprivation of workers right to negotiate. Conclusion: Hallmarks of casualization of labour include short term contract work; irregularity of work; and deprivation of workers’ right to negotiate adversely affects the welfare packages of workers. These practices have inherent occupational health implication on workers. Recommendations: Casualization of labour as seen in this study is a despicable model that should be discontinued. However, if it must be practiced, the human resources, industrial relations, labour union and occupational health experts in such organizations should repackage such contracts to include allowances, job security, negotiation rights, dignity, benefits and welfare clauses as in permanent full time employment.

scholarly journals Analisis Penerapan Pengakuan Pendapatan Kontrak Konstruksi Berdasarkan PSAK 34

2019 ◽  
Vol 7 (3) ◽  
pp. 391-396
Author(s):  
Riki Subagja ◽  
Didit Pradipto
Keyword(s):  
Accounting Standards ◽  
Financial Statements ◽  
Revenue Recognition ◽  
Short Term ◽  
Construction Contracts ◽  
Term Contract ◽  
Short Term Contract ◽  
The One ◽  
Construction Services

This study aims to analyze the implementation of contract revenue recognition based on PSAK 34. The problem that is often faced by companies that are particularly engaged in the field of construction services in the recognition of income is the method of revenue recognition what should be used or applied, because there are differences in recognition between the one method with others. Especially if a project is done is more than a year or the so-called Long-term project. In addition, the presentation of financial statements of income recognition in each accounting period must be reported in accordance with generally accepted Accounting Standards (PSAK No. 34 concerning Construction Contracts). There is only one method used or applied that is the percentage completion method. The percentage method recognizes income with two approaches, based on physical progress and cost-to-cost. PT X as a construction service company uses the percentage of completion method with a physical progress approach (Physical progress) in the recognition of his opinion for both long-term contract and short-term contract. The results of this study conclude that the accounting treatment of the application of revenue recognition of construction services by using the percentage of completion method with physical progress approach on PT X is in conformity with the accounting standards set in PSAK No. 34. However, when compared to revenue recognition using the percentage of completion method with a cost-to-cost approach the firm can recognize the revenue and expenses more to illustrate or show a more proportional calculation because it corresponds to the costs incurred or poured out.   Keywords: revenue recognition, expense recognition, PSAK no. 34

Immigrant Servant Labor: Their Occupational and Geographic Distribution in the Late Eighteenth- Century Mid-Atlantic Economy

1985 ◽  
Vol 9 (3) ◽  
pp. 249-276
Author(s):  
Farley Grubb
Keyword(s):  
American Revolution ◽  
Critical Role ◽  
Short Term ◽  
Irish Immigrants ◽  
German Immigrants ◽  
Term Contract ◽  
Short Term Contract ◽  
Atlantic Economy ◽  
Contract Labor ◽  
German Adult

Contract Labor played a critical role both in financing European trans-Atlantic migration and in providing a hirable labor force to work the estates of the New World. During the seventeenth century at least three-quarters of the Chesapeake colonists arrived under some form of short term contract (Walsh, 1977: 111). By the American Revolution, a majority of English, German, and southern Irish emigrants still used servant contracts to finance their migration to Pennsylvania (Grubb, 1985). For the year 1773, 61% of the 387 southern Irish immigrants, 18% of the 1,420 Ulster immigrants, 25% of the 382 Scotch immigrants, and 52% of the 174 English immigrants to Pennsylvania entered servitude. For the years 1771–1773, out of 747 German adult male immigrants to Pennsylvania 58% entered servitude. For 1785–1804, 45% of the 7,837 German immigrants to Pennsylvania entered servitude.

scholarly journals A Short Note on Overall Risk Management in an Insurance Concern

1971 ◽  
Vol 6 (2) ◽  
pp. 153-156 ◽  
Author(s):  
Karl Borch
Keyword(s):  
Short Note ◽  
Insurance Contract ◽  
Short Term ◽  
Term Contract ◽  
Term Insurance ◽  
Short Term Contract ◽  
Proper Perspective ◽  
Image Position ◽  
Sound Foundation

1. At an earlier ASTIN Colloquium participants were invited to present notes on problems which they considered as important but unsolved. There was little response to this invitation, presumably because a problem, once it is well formulated, is almost solved.In this Note I do not present any new problems. In stead I try to outline a framework which may be useful for analysing different risk problems and seeing them in their proper perspective. In my view, a framework of this kind is urgently needed to place today's actuarial work on a sound foundation.2. In general an insurance contract will define two stochastic processes. We lose little by assuming that the processes are discrete, and describing them in the following manner:(i) The payment process: x0, x1 … xt …, where xt is the amount which the company pays to settle claims in period t, or at time t.(ii) The premium process: p0, p1 … pt …, where pt is the premium which the company receives in period t, or at time t.If the contract is concluded at time t = o, the Principle of Equivalence requires thatFor the typical short-term contract with premium payable in advance (i) will reduce to3. For a long-term insurance contract one usually requires that the inequalityshall hold for all τ. This means that the company must never be a net creditor of its customer.

Teaching and Research — The Role of the Industrial Unit

1981 ◽  
Vol 18 (1) ◽  
pp. 43-47
Author(s):  
A. P. Dorey
Keyword(s):  
Engineering Education ◽  
Full Range ◽  
Academic Research ◽  
Engineering Practice ◽  
Short Term ◽  
Term Contract ◽  
Research And Teaching ◽  
Industrial Unit ◽  
Short Term Contract

Engineering education and research must be related to both engineering practice and theory. An Industrial Unit engaging in short-term contract research provides a complementary activity to balance conventional academic research and teaching to the benefit of the full range of activities.

LONG-TERM AND SHORT-TERM CONTRACT IN A MIXED MARKET*

2005 ◽  
Vol 44 (3) ◽  
pp. 275-289 ◽  
Author(s):  
AKIRA NISHIMORI ◽  
HIKARU OGAWA
Keyword(s):  
Short Term ◽  
Term Contract ◽  
Mixed Market ◽  
Short Term Contract
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