What Impact Has Globalisation Had On Employment Relations Essay

What Impact Has Globalisation Had On Employment Relations - Essay Example Globalisation is the process that involves the international integration between countries in terms of exchange of new products, global views and different aspects of culture and ideas. Globalization in the world economy had commenced from 1980 and eventually, had spread all across the globe. According to Ronald Robertson, globalization is â€Å"the compression of the world and the intensification of the consciousness of the world as a whole† (Cuyvers, Lombaerde and Rayp, 2011). If it is assumed in terms of single nature, then globalization is the process that comprises of different magnitudes of cultures, disciplines and communities. On the basis of the principle stated by David Ricardo, globalization allows the countries to progress in terms of their core competences (Ricardo, 1992). Employment relations are defined as the relation that exists between the management of an organization and their employees. It encompasses the various types of grievances, collective bargaining, unions and problem resolutions that exist in the labour market. This essay would explain the impact of globalization on the employment relations of the world. In the context of the essay, the researcher would focus on the actual impact of globalization on the employers, the employees and the unions. At the end, before concluding on the research analysis, the researcher would analyse the impingement of globalization on a state or nation. ... These employers found that the cost of labour resources in the developing economies were much cheaper. This is the reason for the managers of the corporate companies in the developed nations to expand business in the less developed nations like, Russia and India, by recruiting more of their individuals (Arnold, 2008). At the same time, after the emergence of globalization, the business managers in the developing nations like, China and Brazil had started to experience higher degree of competition in their domestic business environment. This was due to the increasing foreign company internationalisation in these nations. After experiencing a higher degree of competition in the domestic market, the business companies in these developing economies have turned out to be more efficient. As a result, the degree of extent of employment opportunities expanded in their companies. The rising level of national incomes in most of the countries, post-globalization, denotes the fact that the scale of operations for most of the companies in the world have increased, which implies that the income thresholds of the employers have also increased. The employers of the companies like, Ford Motors and Tesla have expanded in order to get access to the wide and cheap base of labour resource (US Census Bureau, 2000). Also, similarly, the companies from the developing countries like, Toyota and Tata have expanded their business in the developed nations. Against It should be considered that the degree of labour mobility in the global market have become high after the emergence of globalization. This is why the supply of labour market to the employers had