May 9, 2008
The negative impact of globalization in European job market
Posted by live7n under India, JobNo Comments
In 80s the trend of globalization was not to much accept by the European companies. They depend on the local labor for good production and better management. The business process outsourcing reduces the wages cost and the work load is transferred into the outsourcing destination like Asia and Africa. As a result the European nations like Germany and the UK are facing some unemployment problem of skilled laborers during the 90s. The cost cutting management process of private companies in Europe and negative managerial process change the picture of job market. To face such economical declined some serious steps are taken by the European nations.
As an industrial location the European nations changes their taxation system and encourage industrial countries in employment of local employees to solve this problem in a positive solution. The impact of globalization changes the global business opportunities. Not only have the investors chosen the Asian countries as a destination for outsourcing their back office jobs but also set up new business processing firm in countries like Indian to employed low cost skilled labors. The fashionable concept of globalization removes the barrier of country border and the international market of open for the job seekers.
Business center and even the educational institute expand their services globally for international customers. This increases the business opportunities for the small and medium investors of Third worlds countries and open new job opportunities for the educated skilled workers. The managerial success of a company highly depends on the profit and growth and it is highly depends on the cost efficiency of labors. The European labors market faced a negative impact due to globalization in mid 90s. The employers moving ability from one place to another in searching of low waging cost reduces the job opportunity of Germany and the UK job seekers. Skilled works from different fields like IT and Automobiles loss their job as because those companies have opened their business center in Asian market. They reduce the local work forces and increase the international working force for low costing. They made no compromise with their product or services and successfully running there business for European market as well as the Asian markets also. The extra ordinary competitions in labor market are helping the employers with the facility of choosing the best services at low prices. However this makes a new scope for European job seekers to find their suitable job in management, HR and IT in India and this country is the best place for living as the cost of living is comparatively lower then the salary that provide by any good employer.
Major telecom services provider in India like Tata Indicom and Reliance Mobile are using the word unlimited for advertising their different services packages. The words unlimited call Trans the mobile phone in to a walk talky for many urban mobile users. In the villages BSNL is providing the WLL facility and connecting India in a wireless local loop. The department for Telecommunication wants some clearance about the unlimited call facility for the customers that are provided by the companies. Reliance to Reliance STD is unlimited for a fixed monthly payment. The TV ad beautiful show the progress of telecoms industry and its progress in Indian lifestyle. Reliance is India’s largest private telecom services provider. They earn almost 35% more revenue than the previous year in the recent year. The Chairman of the company Mr. Anil Ambani is very optimistic about the companies’ processes. In the last 4 years Indian telecom sector has shown most rapid growth than any sector. This helps these Indian companies some of the top global player in telecom business.
Indian Space research organization has made another successful milestone in the Indian space research history. PSLV C9 was successfully lunched on 28th April from the world class Indian satellite launcher station at Sriharikota in the state of Andrapradesh. Last Monday ISRO scientists made a press release on that occasion. The news makes the entire legislator Assembly member delighted. The President of India congratulates the team for their grant success. The Satellite vehicle was carrying 10 Satellites owned by different countries including India. Among the ten satellites 2 are Indian – Indian Mini Satellite 1 & 2 and they build at ISRO center at Bangalore. All these Satellites are small in size and nearly 50 kg in weight and space scientist call the nano Satellites. All these satellites have different orbit to revolve around the earth and there is no chance of any collision between them. No other satellite vehicle than PSLV C9 is able to carry 10 satellite at a time.
In my earlier post titled ”Role of a Comedian or a Hero” I had wrote about the role of actor in his society.