The Impact of Globalisation on Recent Changes to Employment Patterns Assignment

The Impact of Globalisation on Recent Changes to Employment Patterns and Structure - Assignment Example The reason behind choosing China is that it offers an evident change in the employment patterns and structures after the globalization. Moreover evidences show that globalization has also hugely impacted in the national economy of China. The basic purpose of the project is to identify the impact of globalization on the Chinese employment pattern and structure. Now in order to fulfill the purpose of the study, the report will study various other aspects. It mainly includes the impact of globalization on the global employment pattern, and various other concepts related to the globalization. The report will highly stress on the concepts of industrial relations in the Chinese context and will emphasize on how industrial relation and globalization are linked. The project has a huge scope, but due to constraints in time and money it remained focused only on some of the specific areas. The project only remained focused on the Chinese employment pattern. ... However it is believed that relevant and substantial literature on this work will be found for the purpose of completing the report. Now in order to fulfill the study the report will take the following structure. At first the report will be presenting a brief description regarding the evolution of the concept of globalization. In this segment the concept of globalization will be portrayed in accordance with the effect of employment in various countries of the world. This section will also offer insights about the industrial relations. The industrial relations will be in accordance with the Chinese context. The second segment of the report will be highlighting the about the various issue of employment in China. This section will further offer a number of statistical data in order to justify the claims. Furthermore literature of this topic will be also consulted. The discussion segment will be also presenting other factors such as the global employment patterns, the employment patterns of China and also the impact of globalization on the Chinese employment structures and patterns. The third section will be concluding the project. The conclusion will be done on the basis of the level of impact of globalization on the present employment structur4ev and policies. Moreover it will also discuss about the ways by which globalization is impacting the employment patterns in China. In addition to that the report also proposes to shed light on the direct impact of globalization on employment. The next and final segment of the report is for offering some recommendation or suggestion in order to address this issue. The key recommendation of the projects is that the government of China must consider sustainable growth by reducing the level of inequality in income. This can be

Company Profiles of HSBC Essay Example | Topics and Well Written Essays - 1250 words

Company Profiles of HSBC - Essay Example Historical Background HSBC was reported to have been founded by â€Å"Thomas Sutherland, a Scot who was then working for the Peninsular and Oriental Steam Navigation Company† (HSBC Global Site, 2012, par. 2). Its establishment was disclosed to have been fuelled by the perceived need to finance increasingly expanding trade between Europe, China and India. As such, the first bank was noted to have been opened in 1865 in Hong Kong and in Shanghai, China one month after. In the UK, its official website disclosed that the roots of HSBC bank was traced from the establishment of Birmingham and Midland Bank which was founded by Charles Geach in Union Street in the city of Birmingham on the 22nd of August, 1826. Only in 1992 was it officially identified as part of the HSBC Group by joining as member. Historical facts revealed that in September of 1999, the Midland Bank was already renamed HSBC Bank to communicate to the public its corporate leadership as a global financial bank. Compan y Structure and Organization HSBC UK is governed and headed by its CEO, Brian Robertson. Three managing officers report directly to him under Personal Financial Services, Business and Commercial Segment, and Commercial Banking (The Official Board.com 2012 ). Main Products and Services The categories of HSBC’s products and services are initially classified into two broad categories: personal and business. Under personal products and services, there are four distinct offers: everyday banking; borrowing, savings and investing, and insurance. Under business products and services, HSBC provides professional advices regarding starting a business; and banking depending on stipulated capitalization ranging from turnover up to ?2m (business banking); turnover of ?2m to ?25m (commercial banking) and turnover in excess of ?25m (corporate and structured banking). Likewise, HSBC offers international banking services that range from maintaining international business accounts, insurance an d protection, internet banking, importing and exporting and even global cash management, among others (HSBC UK 2012) Areas of Operations HSBC UK operates more than 1,500 branches across England, Wales, Scotland and Northern Ireland. As revealed, HSBC UK scope of operations â€Å"extends to the full range of our commercial, corporate, premier and private banking services - as well as to subsidiary brands like First Direct, M&S Money and HFC Bank. The UK is also home to our global headquarters, 8 Canada Square. Located in the heart of Canary Wharf, 8CS is one of the country's tallest buildings, spanning 42 floors and employing more than 8,000 people across hundreds of different roles† (HSBC Bank plc, 2012, par. 2). Financial Structure The financial highlights sourced from HSBC’s financial interim reports for the period ended June 30, 2011 are summarized below, with comparative figures from June 30, 2010: Financial Highlights (?M) June 30, 2011 December 30, 2010 Net Inter est Income 3,622 3,710 Profit for the Period 1,435 979 Total Assets 857,288 798,494 Total Liabilities 824,760 766,137 Total Equity 32,528 32,357 Source: HSBC Bank plc, Interim Report 2011 ` From the financial highlights, it could be deduced despite the apparent 2.43% decline in net interest income of HSBC from the December 30, 2010 period to June 30, 2011, the profit for the same period exhibited a remarkable increase from