NIM : B12111003
Review
Chapter 1 Changing Nature of Human Resource Management
Human Resource Management Challenges
It appears that the most prevalent challenges facing HR management are as follows: * Economic and technological change * Occupational shifts
The fastest-growing occupations percentagewise are related to information technology or health care. The increase in the technology jobs is due to the rapid increase in the use of information technology, such as databases, system design and analysis, and desktop publishing. * Global Competition
Due to the increase in information technology, global linkages are now more extensive and production and transportation can be coordinated worldwide. Therefore, the loss of manufacturing jobs in the United States has been replaced with jobs in information technology, financial services, health care, and retail services. * Workforce availability and quality concerns * Workforce quality deficit
There is a growing gap between the knowledge and skills required by many jobs and those possessed by employees and applicants. Several different studies and projections all point to the likelihood that employers in many industries will have difficulties obtaining sufficiently educated and trained workers. To address the skills deficiencies, HR management must do the following: * Assess more accurately the knowledge and skills of existing employees. * Make training for future jobs and skills available for employees at all levels. * Increase the usage of new training methods, such as interactive videos. * Become active partners with public school systems to aid in upgrading the knowledge and skills of high school graduates. * Growth in contingent workforce
The company sees using contingent employees as a way to stabilize the workforce. Instead of hiring regular workers when work piles up and then firing them when the work is