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A Theory of Employment Systems : Micro-Foundations of Societal Diversity - David Marsden

A Theory of Employment Systems

Micro-Foundations of Societal Diversity

Paperback Published: 1st June 1999
ISBN: 9780198294221
Number Of Pages: 320

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A Theory of Employment Systems considers why there are such great international differences in the way employment relations are organized within the firm. Taking account of the growing evidence that international diversity persists despite 'globalization', it sets out from the theory of the firm first developed by Coase and Simon, and explains why firms and workers should use the employment relationship as the basis for their economic cooperation. The originality of the employment relationship lies in its flexibility. It gives managers the authority to organize work, but it also establishes limits on employees' obligations. The nature of these limits is fundamental to our understanding of the employment relationship and its international diversity. The author argues that they are provided by four basic types of employment rule. Which one predominates in a given environment is the source of international diversity in employment relations. Drawing upon evidence from the US, Japan, France, Germany, and Britain, the theory is developed to show why such diversity extends deep into key areas of human resource management, such as performance management, incentive pay, and skill development. It also explains why the open-ended employment relationship continues to dominate work despite the growth of market-mediated work relations.

Industry Reviews

`Marsden's deductive analysis of employment systems is interesting and insightful from a micro-level perspective.' Suzanne J.Konzelmann "A recent elegantly written book by Professor David Marsden at the London School of Economics provides further evidence of the need for the closing of that perceived gap between work and how it is organised." Robert Taylor, Financial Times, 03/02/2000

Part I: A Theory of Employment Systems 1: The Employment Relationship 2: The Limits of Managerial Authority 3: Diffusion and Predominance of Employment Rules 4: Classification, and the Consolidation of Employment Systems Part II: Evidence and Personnel Management Implications 5: Employment Systems: comparative evidence 6: Performance Management 7: Pay and Incentives 8: Skills and Labour Market Structure Part III: Conclusions 9: Employment Systems and the Theory of the Firm: societal diversity References

ISBN: 9780198294221
ISBN-10: 0198294220
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 320
Published: 1st June 1999
Country of Publication: GB
Dimensions (cm): 23.32 x 15.75  x 1.75
Weight (kg): 0.46