The Role Of Employee Stock Option Program (Esop) In Improving Laborers’ Welfare

Abstract

Labor issues such as those pertaining to rights protection, wages, welfare, industrial relations disputes, labor development, and labor inspection. This is due to the systemic weakness and deviations of the government in implementing and enforcing labor laws and regulations, as well as several other problems found in the performance of government institutions and the coordination among them, that are far from optimal, if not worrying (Sutedi, 2011).Regulations stipulated in current labor law groups labor operations into three; pre-employment period, during-employment period, and post-employment period. This research focuses on the period of during-employment, specifically on the types and criteria for providing welfare facilities for workers. This also involves the employers due to the employment relationship between employers and their workers. This crucial relationship must be intervened and regulated by the government to ensure protection for all parties involved, as well as to achieve peace and business continuity (Abdul, 2014).