Monday, May 20, 2013

DIVERSITY IN TODAY’S ECONOMY


            Diversity unlike previous years when only was referring to the difference between race and gender, today the concept has been expanded to include differences between people as age, race, religion, functional specialty, profession, sexual orientation, geographic origin, lifestyle, tenure with the organization or position, and any other perceived difference (Mondy, 2012).

            The actual definition is constantly changing as explained by R. Roosevelt Thomas, “People vary along and infinite number of possibilities, they vary according to race and gender, but they also vary according to age, sexual orientation, and when they joined the company. Some workers are union members; some are not. Some are exempt; some are nonexempt. The variety is endless. Your definition has to be sufficiently broad to encompass everyone.” (Buttler, 2006).

            Companies have begun to understand the importance of diversity in the workplace and its influence in customers, suppliers and shareholders, therefore, the management of diversity in the organization becomes an integral component of business strategy.

            Would this type of information influence your decision about job offers from various firms? Why?

            Mondy (2012) stated that the challenge for managers in the future will be to recognize that people with characteristic that are common but are different from those in the mainstream, often think, act, learn, and communicate differently . Because every person, culture, and business situation is unique, there are no simple rules for managing diversity (Mondy, 2012).

            Manager have to know how to motivate people in different markets around the world, for example in North America we are primarily driven by monetary rewards, other people with different culture recognize titles, personal connections, and status more value than money, as explains Effron, Gandossy and Goldsmith (2003) most people value all of these factor, but to different degree; knowing this variation help us to be more effective in every market (Effron, Gandossy, & Goldsmith, 2003).

            Once we understand all this information on diversity and its influence on organizational culture, we can understand the behavior and interests of our employees, so develop a strategic program to meet their needs so that we can impact the results of our organization, as  said Thonson (2002) this diversity in the working population requires us more flexibility in working practices, placing emphasis on providing a series of opportunities and rewards among which the individual can choose to suit your own particular needs (Thonson Editores Spain, 2002).

            What laws or regulations required hiring diversity?

Workforce of today has become truly diverse; this was not the case in the 60s while preparing to women, minorities and people with disabilities few opportunities. Today Legislation, Supreme Court decisions, and executive orders have encouraged both public and private organizations to leverage the capabilities of a workforce that was largely underused before, so many amendments have steadily improved all these laws protect a diverse workforce (Mondy, 2012), an example of which are Equal Pay Act of 1963, the Civil Right Act of 1964, Age Discrimination in Employment Act of 1967, Pregnancy Discrimination Act of 1978 and many other.

 


References


Buttler, K. M. (2006). Workplace diversity can increase employee loyalty. Employee Benefit News, ,vol. 20 Issue 3, p 16.

Effron, M., Gandossy, R., & Goldsmith, M. (2003). Human Resources in the 21st Century. New Yok: John Wiley & Sons, Inc.

Mondy, R. W. (2012). Human Resources Management. New Jersey: Pearson.

Thonson Editores Spain. (2002). Creando Organizaciones saludables. Madrid: Closas Orcoyen,S.L.

 


 

 

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