Fortunes Company Research Annette Tyler TUI 24 June 2020

Fortunes Company Research Annette Tyler TUI 24 June 2020 Fortunes Company Research

Analyze the advantages and considerations of working in England versus other countries, specifically focusing on cultural compatibility, language, climate, educational opportunities, and company choice. Discuss your selection of Barclays Bank, its industry position, employee benefits, ethical considerations, and strategies for future growth. Compare this with Walmart, highlighting industry differences, corporate ethics, environmental initiatives, and employment practices. Reflect on how expatriate policies and company-specific approaches can influence international employment experiences, emphasizing cultural adaptation, visa procedures, and local labor practices.

Sample Paper For Above instruction

Choosing an appropriate country for international employment involves analyzing numerous factors such as cultural similarity, language, climate, educational infrastructure, and the strategic position of the target company. In this context, England emerges as a favorable destination due to its cultural affinity with the United States, shared language, favorable weather patterns, and renowned educational institutions. Specifically, the decision to work in England aligns well with personal preferences and professional ambitions, especially considering the presence of Barclays Bank, a leading financial institution headquartered in London.

England’s cultural similarities with the USA facilitate smoother integration for expatriates, particularly for those with families, as established social and corporate norms tend to align. The shared language, English, reduces communication barriers, enabling faster adaptation and more effective professional interactions. Furthermore, the comparable climate—characterized by temperate weather—mitigates potential acclimatization issues, which can often pose challenges in countries with markedly different climates, such as Germany or Asian nations.

Educational opportunities constitute another compelling reason for selecting England. The country hosts prestigious institutions like Cambridge and Oxford, providing advanced courses and professional development options that may not be as accessible or renowned elsewhere. This educational infrastructure not only benefits individuals seeking personal growth but also enhances employability and skillsets aligned with corporate needs.

Considering the choice of company, Barclays Bank stands out as a prominent multinational financial institution with a solid global presence, especially in the United Kingdom. As a leader in the financial services sector, Barclays offers comprehensive employee benefits, including health insurance, paid leave, employee training, and life insurance policies. Such benefits contribute significantly to job satisfaction and morale, fostering a productive work environment. Barclays’ focus on sustainability and environmental responsibility, exemplified by its Green Product Framework and energy conservation efforts, underscores its commitment to corporate social responsibility.

In contrast, Walmart, a giant in the retail sector based in Arkansas, USA, presents a different employment profile. The company’s benefits package tends to be less comprehensive, often lacking in full-time employment options and health benefits for certain employee categories. Ethical concerns have been raised regarding Walmart’s labor practices, such as underpayment, poor work conditions, and violations of human rights, which can impact its reputation and employee satisfaction. The company’s environmental initiatives, however, include efforts to reduce emissions and promote sustainable sourcing, aligning with global sustainability goals.

From a strategic perspective, Walmart faces stiff competition from online giants like Amazon and Alibaba, necessitating adaptations in employment policies, technological advancements, and customer engagement strategies. Similarly, Barclays must innovate through branding, mergers, and acquisitions to maintain relevance and financial stability amid fluctuating revenue streams and regulatory challenges.

Expatriate policies are critical in shaping the international work experience. Barclays’ approach involves preparing employees with cultural orientation sessions, providing work visas, and facilitating repatriation through return flights and re-integration support. Walmart, on the other hand, tends to hire locally for most roles, only bringing in expatriates for top management, and offers similar visa and training support for overseas assignments.

In conclusion, selecting the optimal country and company for international employment involves balancing cultural compatibility, industry prospects, ethical considerations, and strategic growth opportunities. England, with its cultural, linguistic, and educational advantages, paired with Barclays’ ethical standards and social responsibility commitments, presents a favorable scenario. Conversely, Walmart's ethical concerns and competitive pressures require careful navigation. Ultimately, successful international employment hinges on aligning personal values with corporate practices, understanding expatriate policies, and adapting to local business environments.

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