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Globalisation/Multinational firms/European legislation of employee rights

By James Davis

Globalisation/Multinational firms/European legislation of employee rights
• • Globalisation Definition:The process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications (Collins, 2012). “The integration of spatially separate locations into a single international market” (Blypton et al, 2001) Multinational firms Business Involving a number of nations designating a corporation with branches in a number of countries (Collins, 2012). European legislation of employee relations The act or process of making a law or laws (Collins, 2012).

Impacts
• Movement of workforce - The movement of European and international workers has a large effect on employee relations. Lesser skilled/higher skilled employees available/ lesser or more cost/ movement of workforce. • Communication changes- Language barriers/More highly skilled employees. Multiple languages. Higher wages/ in some cases lower. • Harder communication. Investment in new technologies to communicate. Communication via technology rather than face to face. Skype etc. Time differences, cost, personal business. • Labour legislation changes in different countries. Employee rights, wages, health and safety. Lower wages/ possibly higher/ lesser level of employee rights/ lesser level or higher of health and safety levels. • Different cultures/traditions- education in this field/avoid offence/ better relations/ happier workforce. • Negative and positive publications and press that can be generated by moving workforce or production/ relation to health and safety/ wages/ employee treatment/ can affect sales etc.