chapter 2 trends in human resource management. mgmt 422 - chapter 2 us labor market definition...
TRANSCRIPT
Chapter 2
Trends in Human Resource Management
MGMT 422 - Chapter 2
US Labor Market Definition
– Internal labor market – the workers an organization already has
– External labor market – individuals actively seeking employment
Expected Changes– Demographics
– Skill requirements
MGMT 422 - Chapter 2
US Labor Market Age Distribution
MGMT 422 - Chapter 2
US Labor Market Ethnic Distribution2012
MGMT 422 - Chapter 2
HRM Practices that Support a Diverse Workforce
MGMT 422 - Chapter 2
High Performance Work Systems Organizations that have the best
possible fit between their social and technical systems
New skill requirements– Specialized knowledge– Judgment and decision making– Interpersonal communication
MGMT 422 - Chapter 2
New Skill Requirements Knowledge workers – employees whose main
contribution to the organization is specialized knowledge (customers, process, or profession)
Employee empowerment – giving employees responsibility and authority to make decisions
Teamwork – the assignment of work to groups of employees with various skills who interact to assemble a product or provide a service
MGMT 422 - Chapter 2
Strategic Issues Affecting HRM
MGMT 422 - Chapter 2
Technological Change in HRM Human resource information system (HRIS) –
a computer system used to acquire, store, manipulate, analyze, retrieve, and distribute information related to human resources.
Electronic business (e-business) – using the Internet to gain an advantage or keep up with competitors
e-HRM – processing and transmitting digitized HR information
MGMT 422 - Chapter 2
New Technologies Influencing HRM
MGMT 422 - Chapter 2
Change in Employment Relationship
The psychological contract – what an employee expects to contribute to and gain from an employment relationship
Flexibility/Alternative work arrangements– Staffing
– Work schedules