The negative impact of globalization in European job market

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.

 

Six days examination preparation for getting a job

I am going to prepare myself for an examination. The job is very lucrative for me as the post I have applied for is a position of Grade IV officer in a local state co-operative bank. The examination will hold on 20^th April 2008. I got the call letter in my hand and in response of my application the General Manager of the bank invited me for appearing for the written examination. I read the guideline for the exam. Many important points are written in black and white which will be helpful for me in the examination hall. The duration of the written test is 90 minutes and the topics are very interesting for me.

I have to answer total 100 questions in 90 minutes. I fill to answer a single question I’ll get less than one minutes.

The subject of Gr VI Officer examination are like General awareness (20), simple arithmetic (20), reasonable ability (20), English Language (20) and knowledge about Tripura state (10)and knowledge about co-operative (10). The number in the parenthesis indicates the number of questions. It will be quite interesting in these six days how I collect information about these topics and in time of deliberation how these information could be valuable for me. There is a proverb in German language and it is “what’s the use of running if you are not running in right way”. This is test where I have to get a rank for getting invitation for the next phase of interviews. It is better to say this article is not related to interview preparation but a written examination.