Introduction The Marxist concept of exploitation argues that the value of an employee’s labour is not similar to the economic value obtained by his employer from the output of the task performed. This creates social and income inequalities in various societies. Karl Marx advanced the notion that the contemporary labour market creates a dysfunctional society, where the means of capital are in the hands of a few who control access to wealth. This paper agrees with the view that the Marxist concept of exploitation helps us understand the contemporary labour market. The paper will use Gravity Corporation as an example. Labour as a Factor of Production Capitalistic market economies do not place a lot of importance on shared benefits between employers and their employees. Employees are considered as assets whose sole purpose is to generate profits. Since accumulation of wealth is the primary motivation of a capitalistic economic system, the value of labour is used as a means to maximise more wealth. The contemporary labour market is influenced by the exchange value of various commodities and their prices. Other important attributes that measure the real value of employees in a given firm are not given the attention they deserve. This makes it difficult for employees in a firm to uplift their standards of living (Key labour market issues and controversies, 2013, p. 3). Contemporary labour practices place a higher premium on skilled labour over manual labour. This has led to the standardisation of labour codes which ensure workers understand what they are expected to achieve in specific industries. Many firms have put in place systems that measure the quantity of output attained by workers as they perform their duties. However, other firms give their workers more freedom to work from their homes through different technological systems that do not require physical supervision. In some firms, workers have to submit periodic reports showing what they have achieved within a particular period. (Labour market restructuring, 2013, p. 6). Labour Market Stability The case of stability in the labour market is captured by Marx’s arguments about the relationship between the economic value of labour and its social worth. The social relations that influence production are rarely given consideration because employers place more importance on profits. Therefore, the quality of a commodity is assessed through the price it commands in the market rather than the social processes which are involved in making it (Labour market restructuring, 2013, p. 7). The importance of social labour in producing a particular commodity is not given the attention it deserves in the contemporary labour market. As a result, modern labour markets only focus on monetary influences at the expense of other social benefits obtained from labour. The Marxist concept however, reveals the true situation that non- standard employees face. Their efforts are not highly valued by employers who value full time employees more. Even though they work flexible hours, they do not always get opportunities to work which makes their incomes unstable. Gravity Corporation has similar work systems where during some months, non standard employees are hired to perf