Factors Affecting HRM Planning

Question 1

demographic changes

Answer 1

net birth rate, net migration rate, retirement age, change in consumption patterns, increased dependent population, reduced labour mobility, change in employment patterns

Question 2

changes in labour mobility

Answer 2

the extent to which people can move
to different locations (known as geographical mobility) and their
flexibility in changing to different jobs (known as occupational
mobility).

Question 3

immigration

Answer 3

the action of coming to live permanently in a foreign country (for work purposes)

Question 4

flexitime

Answer 4

a system which requires employees to work for a core period (say from 9am to 1 pm) but the rest of the time is flexible

Question 5

gig economy

Answer 5

labour markets where workers are
typically on short-term, flexible and temporary contracts