Globalization
in Workplace
The full impact of globalization in the workplace has not yet been realized,
but as more and more companies accept this trend and become more diverse, some
changes appear. Although many of these changes are good, others may not be so
positive. Small business owners learn that they need to adopt new policies and
guidelines in order to keep up with these changes.
Increased Cultural Diversity
As globalization
is becoming more prevalent, companies face a growing cultural diversity of the
workforce. These changes require small and large companies to adopt new
policies and guidelines for workers. This increase in cultural diversity has
also brought many benefits, as companies get new ideas about different cultures
in terms of management and marketing.
Earnings Changes for Workers
As more and more companies have access to foreign companies that offer
outsourcing, the wages of many workers are changing. With a lower standard of
living, third-world companies can offer their services at significantly lower
prices than countries with a higher standard of living. This has affected many
workers in the United States and other large countries, as more companies are
embracing the trend of outsourcing. Although this means a higher rate of return
for companies, it can also lead to lower earnings potential for employees.
Employee Diversity Training
Cultural,
religious and ethnic diversity in the workplace creates the need for further
employee training. To protect their companies and their new employees from
discrimination, managers had to implement policies and train existing employees
so that everyone could accept themselves. This has led to a greater
understanding of other cultures and attitudes in some companies, while at the
same time angering some employees who prefer a less cultural work environment.
Increased Workplace Standards
Companies in
foreign countries, especially in third world countries, were supposed to adopt
a more western standard in terms of greater safety at the workplace and higher
standards of working conditions. This directly benefits employees who
previously could work in unsafe or unsanitary conditions. Although conditions
in some areas are still unsatisfactory, there has been a clear increase in
concerns about worker safety, especially in large companies. In addition,
concerns about child labor have improved the conditions for young workers in
these poorest countries.
.
Reference
McFarlin, K., 2019. The Effects Of Globalization
In The Workplace. [online] Small
Business - Chron.com. Available at:
<https://smallbusiness.chron.com/effects-globalization-workplace-10738.html>
[Accessed 9 July 2020].










