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What anything can uk learn from the sweden system of employment management?

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Sweden is reputed to have one of the most advanced forms of employee participation in the world, this is at both organisational and workplace levels. This policy was introduced with the setting up of the National Labour Market Board in 1948, which consists of representatives from labour, employees and government, participating in economic planning. This industrial democracy was extended in 1977 with the co-determination at work act (MBL), which extended the scope of collective bargaining to include organisational and technical change (Beardwell, I. et al. 2004). The main points of the policy are the attempt to control inflation through a restrictive fiscal policy and a wage policy of solidarity. The restoration of full employment then becomes the function of labour market policy. Within a period of time, measures which relate to the supply side of labour were also included in the strategy, mainly taking the form of promoting the mobility of the unemployed. Organisations with low profit

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