With the rapid economic, technological and social development and the levels of inclusion in organizations, there is need for effective methods that would help in improving the worldwide working conditions. Two approaches i.e., voluntary methods via fair trade products and laws mandating fair working conditions for imports can be used. Both methods have several benefits and drawbacks. Voluntary fair trade methods are models of importing goods, which are created by workers who earn livable earnings for their work. Producers have to meet certain production and wage principles in return for specific import dispensations (Barak, 2016). On the other hand laws mandating fair working conditions, are designed reduce the barriers that favor certain countries and increase trade between countries. Given the pros and cons of the two methods, the voluntary fair trade method emerges as the best approach of improving worldwide working conditions.
Voluntary fair trade methods have several advantages, one of them the being provision of an outstanding wage systems. Through the fair trade method, many organizations offer amazingly higher earnings for their employees (Marshal, 2016). They also make investments to help the employees in healthcare, training and schooling alternatives. Favoritism or discrimination is prohibited in fair trade and workers are given equal job opportunities. Fair trade helps in eliminating child labor especially in underdeveloped countries. Despite the advantages fair trade has several disadvantages. Besides being blamed for distorting and manipulating the worldwide economy, fair trade has led to many of the impoverished farmers and workers being totally priced out of the systems (Barak, 2016). Fair trade makes it difficult for individuals and cooperatives to embrace its methods due to its high prices.
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Laws mandating fair trade working conditions for imports are important in increasing the economic growth. It also provides a more dynamic business climate by protecting the business and the workers before the agreements (Ovin & Gole, 2016) . The laws mandating fair trade allows the employees to grow their expertise and skills through training on best practices. It allows for the employees to access the latest technologies. With growth in the local economies, more job opportunities for workers are created. However, laws mandating fair trade working conditions has been criticized due to job outsourcing. There are also poor working conditions despite the regulated laws and crowding out of domestic products (Marshall, 2016). As a result the rate of unemployment, poverty and crime are aggregated.
Using voluntary fair trade method can be effective in improving the worldwide working conditions. This is because it upholds the rights of the workers, seeks to eradicate discrepancies in every country, and is centered on improved working conditions (Barak, 2016). Fair trade methods allow governments and companies to make sure that employees receive a fair level of pay and compensation as well as better working environment. Fair trade has a communitarian outlook that is more concerned with equality of outcomes and is willing to embrace any action towards improving the quality of life for workers around the world (Ovin & Gole, 2016) . Therefore, voluntary fair trade is the best approach towards better worldwide working conditions.
References
Barak, M. E. M. (2016). Managing diversity: Toward a globally inclusive workplace . Sage Publications.
Marshall, S. (2016). Fair trade, corporate accountability and beyond: Experiments in globalizing justice . Routledge.
Ovin, R., & Gole, P. (2016). Globalization, Governance, Democratization and Fair Trade (1st ed., p. 839). IntechOpen.
