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Diversity in the Work Place

In: Business and Management

Submitted By bigdog951
Words 315
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Merriam-Webster dictionary defines socio-economic: of, relating to, or involving a combination of social and economic factors. Also they define status: the position or rank of someone or something when compared to others in a society, organization, group, etc... This making the socioeconomic status of a person is “commonly conceptualized as the social standing or class of an individual or group”. (APA web) It is often measured as a combination of education, income and occupation. This often will reveal the persons or groups opportunity to acquire resources.
The socioeconomic impact of the business we chose, McMenamins has on the public and its employees is great. For the public it provides a melting pot where many different backgrounds can come together and blend without prejudice for a meal and a craft beer. McMenamins is also active in helping the communities its business is related to such as, the Bagdad Theater and Pub helps with the Annual Hawthorne Holiday Stroll, “dedicated to the ideals of community involvement and making Hawthorne a desirable place to work, shop, and live”. (McM web) Their web page has many more events just like this one.
As for the employees, I’ve read reviews of current and former employees some say it’s great place to work, some didn’t like it as much. The biggest complaints were working conditions, low pay and lack of upward mobility. All being equal this is a very tough business where there is a lot of turn over. I also discovered that there’s a large number of employees that have worked for McMenamins for twenty years or more. This also creates a tougher market for upward movement because of long term employees getting the opportunities because of their commitment.

Resources
American Psychological Association.http://www.apa.org/topics/socioeconomic-status. 2015
Merriam Webster .Online.…...

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