Impact of Global is at Ion on Employment Relation (2)

8/7/2019 Impact of Global is at Ion on Employment Relation (2)

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IMPACT OF GLOBALISATION ON

EMPLOYMENT RELATION

Presented By

Group P H O EN I X

Debi Prasad

ManishaTarun

SHIBA SANKAR BEHERA

RAVENSHAW MANAGEMENT CENTRE, CUTTACK



GLOBALISATION

System of international economic relations.

Be it in the fields of investment, production,

trade, finance or technology. The wider view equals globalisation with the

notion of Vasudhaiv Kutumbakam (the whole

world is one family) and the narrower economic interpretation with increasing the

ratio of foreign trade and investment in a

countrys output.



BENEFITS

According to the Report of the 2nd National Commission on Labour,

the perceived benefits of globalization are as follows:

Sustained economic growth, as measured by gross national product

is the path to human progress.

Free markets, with little or no intervention from government

Economic globalization, achieved by removing barriers to the free

flow of goods and money anywhere in the world

Privatization

The primary responsibility of the government is to provide the

infrastructure necessary to advance commerce and enforce rule of

law with respect to property rights and contracts.



GLOBALISATION AND

EMPLOYMENT RELATIONSHIP

Globalisation is a multi-faceted phenomenon

Each facet may have different effects on employment,varying by country, time, industry, policies and the like.

It comes as a part of large array of economic, technical,

social, legal and policy changes each with interactions

and feedbacks, making it difficult to separate the effects

of globalisation.



Contd«.

In analytical terms, there are three sets of factors at

work in the globalisation-employment relationship,

each with a differing theoretical and empirical

tradition:

The static reallocation of employed labour in response

to globalisation.

The dynamic growth effects of closer integration of economies with the globalised system,

The mode of insertion of the economy into the global

system.



IMPACT OF GLOBALISATION ON

EMPLOYMENT RELATIONSHIP

Pro-labour and Pro-investor policies

Declining trade union density

Worker militancy replaced by Employer Militancy

Collective bargaining.

Other methods of dispute resolution Labour Market Flexibility



ORGANISATIONAL EXAMPLE:

WIPRO

Environmental Trends Human Resource Challenges

1.Business Environment

Globalization and increased competition Managing a global workforce.

Ensuring availability of employees who have the

skills for global assignments.

Focusing increasingly on employee productivity to

ensure competitiveness.Ensuring legal compliance when conducting

business abroad.

Mergers and Acquisitions Managing employee insecurity.

Ensuring continued employee productivity.

Developing HR initiatives to manage employee

morale.

Downsizing Managing organizational relationship with

survivors

Managing morale and commitment of survivors

Providing outplacement services or relocation for employees who lose jobs.



Changing nature of employment

relationship

Offering challenging jobs to employees.

Managing rewards for enhancing

employee performance.Providing opportunities for enhancing

skills through training, development,

and educational programmes.

Developing programmes for employee

commitment.

Understanding value differencesacross different employee groups and

customizing HR programmes.



THANK YOU!!!

Impact of Global is at Ion on Employment Relation (2)

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