The concept of ‘Global Workforce’ has been around for ages but its significance now is more than ever. The world in itself is now seen as one big ball of interconnected continents where borders exist more for political and governance reasons than social. With globalization, the concept and view of workforce has changed permanently. Here is a look at what it meant before and what it has come to mean now.
Global workforce as a term indicates the enormous pool of international laborers and workers across industries, sectors and levels encompassing migrant, immigrant and telecommuting workers. The number has crossed the 3 billion mark with another 200 million without employment.
Before and After
Decades before globalization hit the world and industrialization changed the economies of developing countries like India, China, Brazil, Russia etc, the global workforce as a term included mostly labor from advanced countries and few in the African continent. Two decades ago, the increased industrial production and subsequent advancement in economies of developing countries changed this concept entirely resulting in the workforce ballooning to the present 3 billion number.
Multi-national organizations with their presence in major countries in the world, improved skill levels, outsourcing, immigration and movement of workforce to new areas, dissipation and transformation of traditional methods of company governance and organization and increased interconnectivity due to technological advancements have not only increased the global workforce but also changed the perception of the same while creating new challenges for its successful management.
The Present and Future
In the present, access to proper education and health care contributes significantly to the development and growth of workforce across the globe. Advanced countries with better access to these contribute continuously to the pool while poorer countries are still struggling. Those at the beginning stages of becoming large economies, like China and India, have been considerably increasing their contribution to skilled and unskilled workforce.
The challenges that come with globalization include, outsourcing to cheap labor thereby diminishing chances of local labor utilization and increased immigration and migrant workforce. As skill levels increase along with economical strength of developing countries, we can certainly expect this trend to change significantly.