Business Administration & Management Mr. Bernstein Human Resource Issues, pp May 20, 2015
Business Administration & Management Mr. Bernstein Can GDP grow without population growth? Productivity Must GDP grow faster than the population for living standards to rise? In a capitalist society, do living standards rise similarly for everyone? What does an aging population mean for GDP? 2
Business Administration & Management Mr. Bernstein Labor Definitions Labor Force – those available for work Labor Participation Rate – Percent of Labor Force either working or actively seeking work Unemployment Rate – Unemployed but seeking work 3
Business Administration & Management Mr. Bernstein Equal Employment Laws addressing inequalities in hiring, promotion and pay – have they been effective? Glass Ceiling Concrete Ceiling Age Discrimination Comparable Worth 4
Business Administration & Management Mr. Bernstein Employer Practices to Improve Productivity Improving Health and Safety Training (“Human Capital”) Telecommuting and Flex Scheduling Redesigning Jobs - BMW Others? 5