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= Workspace Diversity =

The concept of diversity in the workplace refers to the coexistence of personnel hailing from a variety of cultural backgrounds. In this age of globalization, diversity in the workplace is an absolute must. This is due to the fact that it is not always possible for a company to obtain suitable recruitment within their home country. Because of this, they are forced to search in other areas for competent human resources (Equality Magazines, 2022).

Employing people who come from a variety of various backgrounds is the solution to this problem. Following is a discussion of the benefits and drawbacks of diversity in the workplace, followed by an explanation designed to help readers comprehend the topic on a deeper level.

One of the most significant benefits of employing a diverse workforce is that it enables businesses to examine problems from a variety of perspectives. It is typical for persons from diverse origins to have distinct ways of thinking because their upbringing was different (Patrick and Kumar, 2015). As a result, businesses have the opportunity to receive input from a third party regarding the current situation.

Another advantage is that in order for a business to globalize successfully, it needs to be able to cater to a diverse range of clients who come from a variety of cultural and ethnic origins. When a firm has a varied workforce, it is much easier for that organization to comprehend the requirements and preferences of its many target markets (Equality Magazines, 2022).

As a result, the company is better able to position its products appropriately and meet its goals. A halt in business operations is another potential outcome of a lack of diversity within an organization. It is essential for a business that strives for continuous expansion to have a varied workforce since this fosters an environment that is conducive to innovation and development.

A diverse workgroup does, in fact, have some disadvantages, just like the other two concerns discussed above. The length of time it takes to adjust to new circumstances is one of the most significant drawbacks associated with working in a diverse workforce (Patrick and Kumar, 2015). When compared to a native recruit, a new employee arriving from outside the country will require a longer adjustment period before becoming productively integrated into the organization. In addition to that, it might cause confusion in the workplace. This is due to the fact that not everyone is aware of the many cultures and conventions that are practiced by the people who work there (Equality Magazines, 2022). Employees are even capable of causing offense to one another, which can result in employee unhappiness and a decrease in the company's overall productivity.

Table of Contents

Introduction. 1

Flexible Working Hours. 1

Remote Working. 2

Workspace Diversity. 3

Corporate Social Responsibility. 4

Reflection. 6

Conclusion. 9

References. 10

= Introduction =

Trends in business are essential in order to be noticed by the customers. However, companies can also follow the trends in performing different business functions. Following the trends allows the business to be on par with the competitors and look for opportunities to grow (Kinicki et al., 2018).

This report is going to consist of some of the major trends that are being practiced in the business world currently.

The trends that are to be discussed include flexible working hours, remote working, workspace diversity, and corporate social responsibility.

A reflection is also going to be added about the topics mentioned before. The reflection part will be continued that what I have learnt from it.

= Flexible Working Hours =

A flexible work schedule is an alternative to the conventional work schedule consisting of hours of 9 to 5, which the majority of people are accustomed to following. The employee has the ability to set the working hours in accordance with what is most convenient for them in this form of plan. A flexible work schedule is something that is only offered to employees who are doing occupations that are performed remotely (Vacation Tracker, 2022).

However, in many circumstances, employees also have the choice of choosing where they wish to work within that schedule. There are businesses that provide their staff with complete autonomy over how they spend their workday.

It's possible that some other businesses already use a hybrid system. The practice of having flexible working hours is not without its share of pros and cons. They are listed below here, along with a concise explanation of each.

One of the most significant benefits of having a flexible work schedule for employees is that it gives them the opportunity to avoid missing out on occasions that they would otherwise like to take part in (The Balance, 2022).

They are able to continue working while still attending to other duties, such as spending time with their family, doing errands, and so on. Even if they don't have permission from their direct supervisor, workers are free to take a vacation day as long as they make it up later in the month. One further beneficial aspect of having flexible working hours is the financial savings that can be realized by both the business and the employee.

This results in cost savings for the company in areas like office space, office supplies, lunch, etc. On the other hand, the worker will have a reduced cost for their mode of transportation (Shagvaliyeva and Yazdanifard, 2014).

As a result, it's a circumstance in which both parties come out ahead. In addition to that, it raises the employee's overall productivity. Employees would not be able to simply take some time off and return to work whenever they were in the mood to be productive if their shifts were scheduled according to customary schedules.

When a company however provides flexible working hours for their employees, the dynamic of the issue shifts because the employee is then able to give their entire attention to the work whenever they choose to accomplish it.

There are several drawbacks associated with having flexible working hours (The Balance, 2022). When it comes to assigning labor, there are no time constraints whatsoever. Employees have the ability to choose when they wish to work, and businesses have the flexibility to give tasks to employees at any hour of the day or night.

The effectiveness of the employer's communication can suffer as a result. When a person is working online, it can be quite challenging for them to leave a good impression on their employer (Vacation Tracker, 2022). As a result of this, obtaining a promotion might be a challenging endeavor. Additionally, working from home may give the appearance to the individual's relatives and friends that the individual is not actually working, which is a bad perception.

= Remote Working =

Due to the fact that the coronavirus prevented people from going outside for extended periods of time, employers had to devise a remedy in order to maintain their normal company operations. Working from a remote location is the answer that allowed the work to be completed.

It is an excellent method for employees to carry out their responsibilities without having to go through the hassle of going to their place of employment and coming back, all while adhering to the guidelines and protocols of the shutdown (Poofhum, 2022). On the other hand, when employers became more aware of the advantages of telecommuting, some of them made the decision to continue using the practice.

A hybrid system has been implemented at some workplaces for the convenience of employees. In the past two years, the vast majority of businesses all over the world have seriously explored adopting this practice.

Listed below, along with a brief explanation of each, are some of the benefits and drawbacks associated with working remotely (Nickson and Siddons, 2016).

The benefits for the staff members are virtually limitless. Since the beginning of this decade, one of the most common gripes heard from workers has been that they are unable to successfully strike a balance between their personal and professional lives. On the other hand, in the case of working remotely, employees do their jobs without leaving the convenience of their own homes.

This means that they are able to spend quality time with the people who are important to them while simultaneously taking care of their responsibilities (Ozimek, 2020). When compared to the time when they were required to physically attend to the workplace, people who work remotely are able to have a healthier lifestyle, which is another advantage of this type of employment arrangement.

This is due to the fact that an employee can use the time they save traveling to and from work to engage in healthy activities, such as going to the gym or preparing nutritious meals in the kitchen. A smaller number of individuals leaving their homes each day results in a smaller overall carbon footprint (Poofhum, 2022).

The following paragraphs will explain some of the most significant drawbacks associated with working remotely. Because people are stuck inside for multiple days, they are unable to interact with other people (Nickson and Siddons, 2016). The individual will feel lonely because they are unable to socialize due to their inability to do so.

When viewed from the perspective of the company, there is a breakdown in communication. People who work from home lack the motivation to work because there are no bosses or coworkers in the same space as them. In addition to this, it is quite challenging to leave an impression on the supervisor.