Ignoring Commitment of Labor's Welfare: Evidence in State-Owned Enterprise Cement Holding of PT Semen Indonesia (Persero) Tbk

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Author(s): Effnu Subiyanto (Widya Mandala Surabaya Catholic University, Indonesia)
Copyright: 2021
Pages: 19
Source title: Critical Issues on Changing Dynamics in Employee Relations and Workforce Diversity
Source Author(s)/Editor(s): Radha Yadav (Dayananda Sagar University, India), Priyanka Panday (Doon Business School, India)and Naman Sharma (Indian Institute of Foreign Trade, India)
DOI: 10.4018/978-1-7998-3515-8.ch005

Keywords: Business Science Reference / Human Aspects of Business / Human Resource Management / Knowledge Management and Library Science

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Abstract

Despite many challenges ahead, the state-owned enterprises' roadmap to establish several new forms of holdings are still progressing in Indonesia. Indonesia's government believes that holdings are the best answer to manage all of 143 remaining state-owned enterprises for ease of control, efficiency, effectiveness in operations, and as a driver to boost bigger profit as well. Based on evidence in the state-owned enterprise PT Semen Indonesia's holding, the holding is tending to ignore labor's welfare. Welfare attention has diverted, and unfortunately, only a few are discussing about labor and its rights, especially in justifying distributing annually bonuses. This chapter investigates that holdings' implementation in Indonesia is significantly contrary in terms of labor's views compared with the original theory to build strong corporations for developing better welfare for all parties.

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Ignoring Commitment of Labor's Welfare: Evidence in State-Owned Enterprise Cement Holding of PT Semen Indonesia (Persero) Tbk

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