ABSTRACT
In the Great Depression of the 1930s, 80% of the value of the stock market disappeared, and upwards of 13 million jobs were lost. In 1933, the government responded with a public works program that, among other things, created jobs. It was called the New Deal. Workforce development in a new field or industry can be costly for a company. On 25 March 1911, 146 workers were killed in a fire at Triangle Shirtwaist Company in New York. Two years earlier, walk-outs by Triangle Shirtwaist Company workers spurred a strike by over 20,000 garment workers. Employees were protesting the dangerous working conditions. The relationship between management and workers is sometimes called '3M Way'. Workers can also approach management to gain access to resources for their projects. Structured Serendipity calls upon management to encourage workers to explore ideas and new products while working on a project. Work–life balance is increasingly a big issue for employees.
