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Trends in HRM - Coggle Diagram
Trends in HRM
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The Labor Force
Internal Labor Force
- an organizatiom's worker
-its employees
-people who have contracts to work at the organization
- has been drawn from the external labor market
External Labor Market
- individuals who are actively seeking employement
- kinds of people in external labor market determine kinds of human resoirces available to an organization
Change in the Labor Force
- Aging Workforce
- Diverse Workforce
- Skill Deficiencies
Implications of an Aging Workforce
- HR professionals spend much time on concerns related to retirement planning, retraining older workers, and motivating workers
- organizations struggle to control rising costs of health care and other benefits
- managers will supervise employees much older than themselves
Employee Empowerment
- giving employees responsibility & authority to make decisions regarding all aspects of product development / customer service
Employee Engagement
- full involvement in one's work & commitment to one's job & company
-associated with ;
+higher productivity
+better customer service
+lower employee turnover
HRM Practices that Support Diversiity Managemement
- Communication - communicate with employee from a variety of backgrounds
- Development - provide career development for employees with different backgrounds and abilities
- Performance Appraisal - provide feedback based on objective outcome
- Employee Relations - create a work environment that is comfortable for all and fosters creativity
High-Performance Work System (HPWS)
- organization have best fit between their ;
-social system (people & how they interact)
-technical system (equipment & processes)
Key trends in HPWS
- reliance on knowledge workers
- empowerment of employees to make decision
- teamwork
Knowledge Worker
-employees whose contribution to the organization is specialized knowledge of
- customers
- processes
- profession
-They are especially needed for jobs in
- health services
- business services
- social services
- engineering
- management
Teamwork
- the assignment of work to groups of employees with various skills who interact to assemble a product / provide a service
- often assume many of the activities traditionally reserved for managers:
-selecting new team members
-schedulling work
-coordinating work with customers
HR Information System(HRIS)
- a computer system used to acquire,store, manipulate, analyze, retrieve, and distribute information related to an organization's human resorces
- HRIS can ;
-support strategic decision making
-help the organization avoid lawsuits
-provide fata for evaluating program/policies
-support day-to-day HR decision
New technologies Influencing HRM
- internal portal
- shared service centers
- cloud computing, such as application service providers
- business intelligence
- data mining
Electronic Human Resources Management(e-HRM)
- processing & transmission of digitized HR information especially using networking & internet
- has potential to change all traditional HRM functions
Nature of the employement relationship is changing
- organizations are requiring top performance & longer work hours but cannot provide job security
- employees are looking for
-flexible work schedule
-comfortable working conditions
-greater autonomy
-opportunities for training & development
-performance-related financial incentives
- this requires planning for fleible staffing levels
Needs for flexibility affects HRM
- outsourcing, temporary, contract workers
- flexible work schedule - including shortened work weeks
- allowing employees to adjust work hours to meet personal & family need
- moving employees to different jobs to meet changes in demand