Policy Shifts, Job Insecurity and the Changing Employment Relationship
7CO01 – Work and working lives in a changing business environment
This CIPD Level 7 video for unit 7CO01 explores how policy shifts and long-term economic trends have fundamentally reshaped the employment relationship and workforce security. Addressing assessment criteria 1.4, the video appraises macro-economic policy changes, de-industrialisation, and the transition towards service-based and knowledge-based economies, whilst examining how these shifts have created persistent job and income insecurity across organisations. By analysing affluence inequality and evolving employment patterns, learners gain critical insight into how contemporary economic development impacts management practice and workforce stability in an increasingly uncertain labour market.
Assessment Criteria 1.4
Appraise the significance of long-term economic trends for work, employment and management practice in organisations.
Indicative Content
Affluence and inequality; de- industrialisation and the rise of a service- based, knowledge-based economy; long- term shifts in macro-economic policy. Job and income insecurity. Prospects for national and international economic development.
What You'll Learn
Video covering: Policy Shifts, Job Insecurity and the Changing Employment Relationship
About 7CO01 – Work and working lives in a changing business environment
This unit extends understanding of the interaction between the commercial business environment and likely future developments in the world of work, employment and the management of people. It discusses the range of people practices that are growing in importance, including those relating to ethics and sustainability, technology, employee wellbeing, equality, diversity and inclusion.
More 7CO01 Videos
Virtual Reality, Autonomous Vehicles, and the Changing Experience of Work
AC 1.2 – Critically evaluate the current and possible future impact of technological tren...
Affluence, Inequality and the Transformation of Work
AC 1.4 – Appraise the significance of long-term economic trends for work, employment and ...
Economic Environment and Strategic Synthesis
AC 2.1 – Evaluate current developments in the media, technological and economic environme...
Start Learning for Free
Create a free account to access study guides and HR model videos. Upgrade to full features for just £8.99 per unit when you're ready.