Who assumes the obligation of providing "job security"?

1 Answer

Answer :

There exists in business law the concept of limited liability to permit and foster the creation of capital. Society has agreed to not hold the owners of a corporation responsibel for debts and actions of a business. In exchange for the creation of a separate corporation comes an expectation of corporate responsibility to promote the social welfare. Included in that expectation is : don’t pollute the commons, charge a fair price, don’t commit illegal acts, and treat your employees fairly and honorably. A better way of stating it is to replace your pejorative use of “entitlement” with the term “expectation”. Employees should be able to expect that employers are not capricious, obey employment law, treat people fairly, and pay equitably. In return for fair employment, employees are expected to put in a day’s labor. Job security is the expectation that if I work well and contribute to the success of the company, I will continue to be employed. I won’t get canned so the boss’s nephew takes my place. I won’t come to work to find the gates padlocked because the CEO took millions to fleece the public.

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