A pecuniary advantage includes things such as the
weekly wage or monthly salary, any bonus payments, the
opportunity to work paid overtime and pension prospects.
Non-pecuniary advantages are numerous and cover an
almost endless list of factors that have to be taken into
account by a person considering whether to remain in a job,
W
0
Number of workers employed
0
W
age rate
LS
1
LS
0
Q
1
Q
0
Q
2
LS
2
(increase in
supply)
(fall in supply)
Figure 8.13
Shift s in the long-run supply of labour
SELF-ASSESSMENT TASK
8.6
Polish migrant workers leave Britain in droves
When Poland and seven other Central and Eastern
European (CEE) countries joined the EU in May 2004,
the UK experienced one of the largest single waves of
immigration the country had ever seen. This was mainly
because the UK, unlike other member states, gave free
access to the citizens of six of these eight countries.
(Free access for migrants from Bulgaria and Romania
followed in 2014.)
By 2008, there were well over one million new CEE
migrant workers registered for work or who were
self-employed in the UK. Around 700,000 were from
Poland, the largest of the new member states. Their
motives for coming to the UK were economic and
included high unemployment in Poland, low wages at less
than one quarter of the UK average, and an opportunity
to send money back home to their struggling families.
Around 80% of the Polish migrants were younger than
34 years old. Many went to London and to the East
Anglia region where there was a desperate shortage
of agricultural labour. Unlike former Commonwealth
migrants, Polish workers went to almost every corner of
the country in search of work. They continue to play an
important part in the manufacturing, construction, hotel
and catering industries as well as in agriculture. Polish-
owned businesses, restaurants and shops have also
become a common sight.
As recession has hit Britain, Polish workers are leaving
the country and going home in droves. Some of
those leaving have become unemployed; others have
become disillusioned by the high cost of living in the
UK and the effects of the depreciation of the Polish
zloty. They have also been attracted by the better
state of the Polish economy and the consequent
opportunity to work for a more realistic wage in their
home country.
Source:
Adapted from C. Blume,
VOA News
, 31 March 2009.
Read the feature below and then answer the questions that follow.
change jobs or even to change occupations. Th
ese include the
hours of work, job security, holiday entitlement, promotion
prospects, location of the workplace and whether the job
is pleasant or satisfying. For many workers, these non-
pecuniary advantages rather than pecuniary advantages
oft en have a major bearing on their choice of occupation.
Polish migrant workers arriving at Victoria Coach Station
Do'stlaringiz bilan baham: