2.1 HR (book) Flashcards
Outline the external factors of HR
Control the pool of available labor
- immigration
- tech change
- gove/gov regulation + laws
- demographic change
- social trends
- state of economy
- educ changes
- labor mobility
- remote working
Describe how tech change can impact HR
more networking and working from home
- infrastructure improvements so employees can live farther away
Define immigration
People -> countries where they are not citizens
Define flexi-time
A flexible work sched that allows workers to adjust the starting and finishing times of their work day
Gig economy
Many positions temporary and the hiring of independent workers for short-term commitments
How can gov. regulations impact the HR
- health and safety issues influence workforce
- e.g. contractual issues, working hours, pension provisions, retirement age
Describe how demographic changes affect HR
- fertility rates, aging pop, changes in immigrations and emigration
- potential available and specific reqs to worl
Describe how social trends affect HR
- changes in society
- e.g. role of women, single parent families, work-life balance
How can the state of the economy affect HR
- econ boom: strain on pool of labor available, ^ wages- recession, opposite
How can changes in education affect HR?
- ^ v education levels can affect workforce by pool qualifications
- also: range and type of courses available
labour mobility on HR
- occupational mobility (changing occupation), geographical mobility
immigration on HR
new workers being available
— their skills sets can change
Outline the internal factors in HR
- changes in business org
- changes in labour org
- changes in business strategy
- changes in business finance
Changes in business organization
- changes in org based on their strategic objectives.
- any reorg affects current HR plan
- also during acquisition
Changes in labour relations
- unionization (workplace gas to contend w their reqs)
- v union power, ^ business power
Changes in business strategy
- either changes due to market or re-orientation
- may lead to amendments in HR plan
Changes in business finance
- limited resources, may not be able to pay the highest wages and salaries which can affect recruit,ent and retention
What are some factors that change the working environment?
- Privatization and the move away from public sector to private sector employment
- ^ migration of potential employees
- ^ female workers
- educational opps change
- ^ urbanization, ^ stress levels
- aging population and increasing average age of the workforce
How did improvements in ICT change work patterns
- increase in occupational and geographical mobility
- traditional -> digital
Give the two work practices in decline
- full time work (max hours in week accepted by law)
- permanent contract (when employees are hired for positions w/o a predetermined time limit)
bc work-life balance, prof growth, gig ecoomy and being ones own boss
Work practices on the increase
- part-time work - less than max hours
- temporary work - fixed term contract
- freelancing - self-employed
- home working
- flexi-time
- casual fridays - less formal dress
- 3 day weekend
- gig economy
Define career breaks
- aka sabbatical
- stop working for usually a year or more before returning to same job
Define jobshare
- 2 employees decide to share a job in order to free up more time
Define downshifting
- employee gives up a senior position/highly paid for lower-paying job in field of interest