The links Between Globalization and Labor Market

RESULTS IN:
1. Increased competition
and the need
for competitive
advantage
~EFFECTS:
• Importance of knowledge
and human
resources.
• Pursuit of new humanresource
based forms of
competitive advantage
~RAISES CONCERN ABOUT:
• Skill levels and shortages.
• Effective management
of human resources.
• Downward pressure on
wages and conditions.
• Payment for skills


RESULT IN:
2.Increased location
choice and international
interaction
~EFFECT
• Levels of employment.
• Security of employment.
• Quality of working life.
~RAISES CONCERN ABOUT:
• Job loss and relocation.
• Offshoring.
• Deterioration in working
conditions and the power
of labor.
• Workplace diversity
(race, age, gender, etc.)


RESULT IN:
3.Demand for highlevel
managerial
skills
~EFFECT
• Skill levels and type of
employee desired.
• Training investments.
• Career paths.
~RAISES CONCERN ABOUT:
• Management skills and
shortages.
• Global sourcing of
management skills.
• Development of global
managers.
• Gender balance in the
work place.


RESULT IN:
4.Organizational
restructuring
and the pursuit
of increased
performance
~EFFECT
• Levels of employment.
• Security of employment.
• Quality of working life.
~RAISES CONCERNS ABOUT:
.• Job security.
• Changes in skill levels.
• Work intensification.
• New working practices.