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WHAT IS THE REASON FOR GLOBAL TALENT MOBILITY IS IT RELEVANT TO THE LAW AND POLICY OF DIFFERENT COUNTRIES - Research Proposal Example

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With the increasing levels of globalization which mainly results from efficient flow of information, integration of economies, and liberalization of markets, international mobility has grown tremendously. This is because multinational companies have diversified their operations…
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WHAT IS THE REASON FOR GLOBAL TALENT MOBILITY IS IT RELEVANT TO THE LAW AND POLICY OF DIFFERENT COUNTRIES
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Download file to see previous pages Many companies are requiring high levels of flexibility from their subordinates as they increase their cross border activities. Furthermore, the changing trends towards diversity have put the firms under pressure to ensure that they get a global outlook. This is through having employees who emanates from different parts of the world. In 2011, the world changed dramatically. The financial crisis of 2009/2010 had a major impact on the global economy. Many countries across the world are still struggling to restore their local labor market. In countries that were highly affected, the local population eagerness to find a job abroad has increased immensely. Nevertheless, this does not necessarily mean that countries that have struggling economically are under pressure because the unemployed population will look for jobs in other countries. For instance, in some South European countries, the level of unemployment is very high. Nevertheless, the local population is not willing to leave their country in order to seek jobs elsewhere despite the ease to move to other European Union countries (Vance & Paik 2014). New opportunities keep arising in different markets across the world. With the increasing levels of competition in the local and international markets, companies are willing to take risks in order to tap to these opportunities. However, while opening these subsidiaries, they are forced to use some of their workforce that is experienced in dealing with customers who emanates from different cultural, racial, and religious background.
The business world is changing rapidly. This has transformed the way companies are outsourcing their workforce, organize, and manage them. Currently, knowledge, trade, and technology are interlinked now more than ever (Vaiman & Haslberger 2013). The world is experiencing an explosive growth in the emerging markets, an aspect that is increasing the number of employees working away from their homes. In the past one decade, new ...Download file to see next pagesRead More
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