100%(1)1 out of 1 people found this document helpful
This preview shows page 1 - 4 out of 9 pages.
ATHABASCA UNIVERSITY Assignment 1HRMT 406
1Why is consideration of the social and economic context necessary for understanding work and learning in Canada?Over the years Canada has become a very diverse country. It is filled with people who contribute to society in their own unique way. Work and learning in Canada can be better understood by taking into consideration factors such as social and economic factors. These factors influence how we learn and work. The consideration of the social and economic context is necessary for understanding work and learning in Canada. From a social context you must keep in mind that Canada has many different ethnic backgrounds, education levels, financial and family situations, mental health, motivators, work ethics and work experience. No two workers will be alike. Workers will be different in age, gender, ethnicity and have different family obligations. The way in which people learn and how it is applied all must be considered. From an economic context for understanding work and learning, the primary purpose of education was to support the economy. Education is an important contributor to economic growth and therefore a primary purpose of educations should be to support the economy. Some of the dominant assumptions often made in HRM perspectives on the purposes and outcomes of learning and the critiques that challenge these assumptions are that it was to include a shift that would create an educated economy which would stress the importance on increased productivity as well as increased globalization. Organizations whether they be private, public or not for profit who outsource some of their labour help to avoid business taxes while making the productivity grow and at the same time diminishing costs. Another dominant assumption often made in HRM perspectives is the rate of return on educational learning and courses. The question we need to ask is what amount of educational investments should be made to maximize the future need?
2Productivity has become another important contributor to an organization’s growth and competitiveness and it is also linked to workplace learning. The productivity of workers for example include many different variables such as age, ethnicity, education level, family status, gender, life experiences and social class. The skills and knowledge that working people gained through education and training through formal, non-formal and informal learning activities was likened to form a capital resulting from deliberate investments. These major investments in human capital were held to be the major reason for the faster more developed state of modern economies. Human capital is a quantification of the economic value of a worker's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal, and that the quality of employees can be improved by investing in them; the education, experience and abilities of employees have economic value for employers and for the economy. Economist Theodore