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].
Do you think Current Sri Lanakan industries is prepare for this concept
ReplyDeleteSri Lanka is a developing country and need organizations based with multinational employees . We need to spread our products as a business strategy. So If we start a new companies or branches in other countries .we can select multinational employees to their countries.Nowadays Employees those who are came from south Asian and East Asian countries are worked in SriLanka and SriLankan Comapanies. Like MAS Holdings,Brandix, Haidramani
DeleteDear Naleen, as buddima mentioned, how far our country has been prepared and what are the industries adopting this culture at present...
ReplyDelete
DeleteSri Lanka is a developing country and need organizations based with multinational employees . When fully taking advantage of globalization, we are no longer restrained by talent that is available in our country.Today our global workforce could work from anywhere in the world with an internet connection opening up to the brightest and best candidates the entire world has to offer. We need to spread our products as a business strategy. So If we start a new companies or branches in other countries .we can select multinational employees to their countries.Nowadays Employees those who are came from south Asian and East Asian countries are worked in SriLanka and SriLankan Comapanies. Like MAS Holdings,Brandix, Haidramani.
Hi Naleen, Job standardize is one of the most factor In addition to the factors you mentioned here when globalizing the workplace. what do you think about ?
ReplyDeleteI agree with you Eranga. But globalization is an adavantage. So need many trainings for job description and culture barriers
DeleteIs globalization good for workers?
ReplyDeleteThis is win win situation. There is 50% of advantages and disadvantages.Local employees can apply and migrate to foreign companies and countries. But middle talented employees have to faced job crisis . Sometimes they will lose their jobs
Deletehi naleen
ReplyDeletewhat are the major changeless are facing during selection staff considering cultural diversity ?
There are many challenges, some of them are,
DeleteChallenges:
Colleagues from some cultures may be less likely to let their voices be heard
Integration across multicultural teams can be difficult in the face of prejudice or negative cultural stereotypes
Professional communication can be misinterpreted or difficult to understand across languages and cultures
Navigating visa requirements, employment laws, and the cost of accommodating workplace requirements can be difficult
Different understandings of professional etiquette
Conflicting working styles across teams