Protecting workers in failing businesses
The setting here is Australia, but it applies to workers in many countries today.
3000 Australian businesses fail annually and more are being pushed to fail by government policies regarding overseas takeovers and imports, and sheer inefficiency that could be remedied. The government is now setting a precedent for taxpayers contributing to compensate workers suffering when works close down. As more businesses fail this will become an intolerable burden, with less tax income to pay it.
Surely this mercy must be accompanied with strong actions to
More unproductive jobs in guff areas are not a solution.
Many inflated business courses and expensive consultants do not in effect help businesses to become more competent in the basics, which are reliability, attention to product quality, prevention of waste, honesty, fairness to workers (PR is not enough) and openness to innovation.
Even retired successful businessmen could give any business a helpful report on a day's inspection, without charging the earth.
The unions and workers too should be pressing for changes to present policies so that Australian companies will not continue to close down, and even their machinery going overseas or to scrap.