entrepreneur.com/tradejournals/article/73555094_4.html).
A second challenge that contemporary companies encounter due to the changing demographics is diversity. Up-to-date researches have revealed that the percentage of employees belonging to racial and ethnic minorities is expected to increase. However, despite the non-discriminatory political correctness that is in fashion nowadays, there are many companies which do not put theory into practice. Consequently, studies emphasize that minorities are either unemployed/underemployed and that they represent an "untapped labor pool." Additionally, one could touch upon the distrust that minorities display against employers either because of the non-discriminatory slogans which are not genuine or because of the positive discrimination policy that converts them into simple tools which help the employer boast the 'politically correct' attitude that is a must-have to its corporate image. For overcoming such problems, employers should state loud and clear that they are in favor of and apply equal opportunity policies based on the one and only criterion that matters - professional competence. Moreover, when interviewing applicants, companies could resort to recruiters belonging to the same minority and, on the other hand, could advertise themselves by giving examples of employees from the respective minority who have become some of the company's most valuable professionals (http://www.entrepreneur.com/tradejournals/article/73555094_4.html).
Besides aging and minorities, immigration represents another major challenge for contemporary organizations. Recent studies carried out in Canada and USA among HR professionals have highlighted that tougher immigration policies have resulted in an increased effort to recruit and retain local workforce. Therefore, most respondents state that they will continue to hire foreign workers because of the inability to recruit local people having the necessary skills (especially scientific and technical). http://canadaimmigrationblog.com/2008/03/14/immigration-policies-affect-recruitment-retention/
To conclude with, regardless of the challenge (aging population, diversity or immigration), this can be successfully coped with if the basic criterion for assessing applicants remains professional competence and if "unlocking the door" is accompanied by "the genuine invitation to come in" (David Cameron quoted by (http://www.jobshout.co.uk/recruitment_2020_a_changing_workforce.html).
Bibliography
Amble, B (2006). Baby boomers look to a working retirement. On the Internet at http://www.management-issues.com/2006/8/24/research/baby-boomers-look-to-a-working-retirement.aspRetrieved March 22, 2008.
Exploring the next generation of retirees (2002). On the Interent at http://www.merrillassociates.net/topic/2002/08/exploring-next-generation-retirees-baby-boomersRetrieved March 22, 2008.
A mmigration policies affect recruitment, retention (2008). On the Internet at http://canadaimmigrationblog.com/2008/03/14/immigration-policies-affect-recruitment-retention/Retrieved March 22, 2008.
Recruitment 2020: Changing workforce (2007). On the Internet at http://www.jobshout.co.uk/recruitment_2020_a_changing_workforce.html. Retrieved March 22, 2008.
Responding to the Challenge of a Changing Workforce: Recruiting Nontraditional Demographic Groups (2000). On the Internet at http://www.entrepreneur.com/tradejournals/article/73555094_4.html. Retrieved March 22, 2008.
smaller company offer competitive benefit packages employees competing talent large corporations? FYI - School text book The Handbook Employee Benefits, Seventh Edition Jerry S. Competitiveness of employee benefits in small size enterprises The global economy is still striving to overcome the tremendous pressures of the economic recession that began in 2007 in the American real estate sector and soon expanded to the rest of the sectors, as well as the rest
multigenerational issues of leadership in the workplace. The discussion explores the differences between the traditionalist generation, baby boomers, Generation X and Generation Y the discussion also focuses on how the differences between these generations have affected the nursing shortage that America is now faced with. Our discussion examined the nursing shortage which has been caused by the ageing baby boom population and the lack of new recruits. It seems evident
Projected Labor Shortages: Build a Bear Workshop Current workplace The workplace I chose to study is Build-a-Bear. Build-a-Bear has its headquarters in St. Louis, Missouri. It has locations all over the world, and operates those locations in two manners. The stores in North America, the United Kingdom, Ireland, and France are owned by the company. The stores in other international locations, including Australia, Belgium, Denmark, Germany, Japan, The Netherlands, Norway, South Korea,
Managing Demographic The change in the world structure population and the trend of migration of people from developing to developed countries raises critical issues that no company can ignore. Demographic changes are already influencing human resource and other departments of companies across major cities of developed nations like Japan, United States and German (Florian Kohlbacher, 2010). Demographic, therefore can be defined as the study of composition of social entity in terms
Conspicuous Consumption The Relationship between Luxury Purchase as Conspicuous Consumption and Y Generation -Take Designer Brands for Example Conspicuous consumption is a complex concept that requires a great deal of quandary. Conspicuous consumption is often thought of as unnecessary spending or the purchasing of products that are not necessities. Increases in upward mobility have increased conspicuous consumption patterns in nations around the world. Marketing professionals are eager to find the target markets that
Ocean Village is UK-based and is uses the differentiated experience of offering families the opportunity to define their own cruise itinerary (Kwortnik, 2006). There is freedom as to when passengers will eat, what they choose to participate in, and the concept focuses on breaking out of the mold of highly predictable and regimented cruise programs. The two remaining brands, P&O Cruises Australia and the Yachts of Seabourn, each have
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now