For a company to retain talent it must offer more incentives for the employees than that of its competitors. Your company encourages the decisions and ideas of the employees but more programs could be put in place to help retain employees. Implementing a program that offers rewards for time and cost savings not only benefits the employee but also the company by projecting a positive image of employee worth to the company. Keeping the companies hiring practice on the national level is required for all employees that work in the retail stores but if there is a need for technology or manufacturing of a particular product I would recommend global labor. The ability to tap into the global labor market will make the company more competitive by being able to offer competitive prices on products due to lower overhead cost associated with the offset in the labor cost.
Automated machines will displace low or unskilled workers in firms and offices. However, the servicing of sophisticated products should create more jobs than technology can destroy. The best jobs will be filled by Americans before being filtered to other countries. Americans will be able to create their own working environments and hours. Other countries’ economies present us with challenges and opportunities.
America Outsourcing. By Dwayne Berry This paper will walk through many of things that go on in America. Outsourcing jobs is one of the main things that are not helping America grow as a greater nation. Outsourcing jobs are taking away from us “AMERICANS” who have tried to work hard with what we are giving. The outsourcing of jobs is not a bad thing for the company because it makes them more money, but for the people who don’t have what young people talk about as bank!
However, because foreigners are willing to work for less money, it gives them a more adept position in the American economy and working force, regardless of their education. Therefore, the abundance of labor creates a shortage of jobs which in turn leads to a “rough estimate that suggested that as many as 42 million jobs, or nearly one-third of the nation's total, were susceptible to offshoring” (Gosselin, pg 2). In essence, it doesn’t matter how much you know, but rather how little you will work for. The Social Problems textbook states that “the globalization of the economy is not a neutral process. Decisions are based on what will maximize profits, thus serving the owners of capital, and not necessarily workers or the communities where factories are located” (Social Problems, pg 427).
Having better jobs will help the economy because more people will be earning and spending money. As discussed in ethnic studies and economics class it will help the economy because they more money consumers have, the more money they will give the economy, and that will also lead to less
If the majority of the population finds the script of a film to be unclear and hard to understand then they will give their friends that feedback and so people won’t go to see the film, which is especially bad for a mainstream film as they cost millions to produce and rely on commercial success. Also a simple storyline and straight-forward dialogue helps when translating the film for foreign markets thus increasing its commercial success. A good film script can make a new film successful as more people will go and watch it if they have heard good reviews from critics or their friends and family. However, there are many other factors apart from just having a good film script that can determine whether a mainstream film will gain the desired commercial success. The producers want the film to appeal to a mass market so that they can get mass audiences to go see their film.
Being bilingual is becoming very common worldwide for many reasons. Nowadays, it’s better for a person to be bilingual as technology grows and it’s easy to learn a different language from helpful websites. The benefits of being bilingual are better career options, helps you communicate with a broader range of people, and if taught to children, they’ll grow to be more knowledgeable. One of the best advantages of being bilingual is that you’ll have better career options, because you’ll be able to choose from a wider range of job offers. This may help you occupy the global job you’ve always dreamt about, or just have a better job with a higher position than your current one.
Some believe that raising the minimum wage would hurt people by making it harder to find jobs, when it actually will create more job opportunities for Americans. How does our economy expect families to live comfortably making $7.25 an hour? With inflation constantly on the rise the worth of money is becoming less and less valuable. Why can we not raise the minimum wage if everything else is increasing in price? The minimum wage needs to be updated to correlate with the times and value of the American dollar.
Due to giving companies outsourcing opportunities, these companies will fire their staff because staff overseas will work for cheaper and sometimes even better. Also even though Symcor provides companies with 24/7 customer service, sometimes the speaking skills for people around the world is sub-par and will result in a communication barrier.
Immigration policy needs to be carefully evaluated by the United States government (Friedman, 2010). Immigrants have become very vital in the workforce in areas such as construction, restaurants, technology and health care. Immigrants have been known to start businesses than non-immigrants, which contribute to the economy by creating jobs. The United States once saw a need for immigrants; however, once times began to change, immigrants were pushed to the side to ensure that American citizens would be able to maintain jobs. Currently, the population is not seeing the increase as it once did.