New Employment Trends

Question 1

A rigid labor market

Answer 1

Lifetime employment and causal or temporary labor without any formal or stable contract

Question 2

A more flexible labor market

Answer 2

Because: Cut costs / the payroll, trim/prune the workforce, shed/axe jobs, streamline the production, restructured / downsized / rightsized
Solution: outsourcing / redeploying staff / relocating abroad
Consequences: flexibility
New trends: flextime/place, freelance, temping

Question 3

HR Manager duties

Answer 3

Recruiting, training staff, appraising performance, personnel rating, hand out disciplinary action.

Question 4

HR manager advantages and drawbacks

Answer 4

Enhance one’s career opportunities but dismiss, fire, sack and terminate if problem, lay employees off and offer early retirement.

Question 5

Fending TOB

Answer 5

Red alert from sharks watchers, call on white knight and killer bees, use antitakover defenses