1. Trends in Human Resource Management
Chapter 2
Trends in Human Resource Management

2. US Labor Market Definition Expected Changes
Internal labor market – the workers an organization already has
External labor market – individuals actively seeking employment
Expected Changes
Demographics
Skill requirements
MGMT Chapter 2

3. US Labor Market Age Distribution
MGMT Chapter 2

4. US Labor Market Ethnic Distribution
2012
MGMT Chapter 2

5. HRM Practices that Support a Diverse Workforce
MGMT Chapter 2

6. High Performance Work Systems
Organizations that have the best possible fit between their social and technical systems
New skill requirements
Specialized knowledge
Judgment and decision making
Interpersonal communication
MGMT Chapter 2

7. New Skill Requirements
Knowledge workers – employees whose main contribution to the organization is specialized knowledge (customers, process, or profession)
Employee empowerment – giving employees responsibility and authority to make decisions
Teamwork – the assignment of work to groups of employees with various skills who interact to assemble a product or provide a service
MGMT Chapter 2

8. Strategic Issues Affecting HRM
MGMT Chapter 2

9. Technological Change in HRM
Human resource information system (HRIS) – a computer system used to acquire, store, manipulate, analyze, retrieve, and distribute information related to human resources.
Electronic business (e-business) – using the Internet to gain an advantage or keep up with competitors
e-HRM – processing and transmitting digitized HR information
MGMT Chapter 2

10. New Technologies Influencing HRM
MGMT Chapter 2

11. Change in Employment Relationship
The psychological contract – what an employee expects to contribute to and gain from an employment relationship
Flexibility/Alternative work arrangements
Staffing
Work schedules
MGMT Chapter 2