COMMERCE 1E03 Study Guide - Final Guide: Baby Boomers, Job Rotation, Job Analysis
11 Apr 2017
School
Department
Course
Professor
Document Summary
Human resource management is the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals. The roles and responsibilities of human resource management have evolved primarily because of two key factors: Organizations recognition of employees as their ultimate resource. Changes in laws that rewrote many traditional practices o. Shortage of trained workers in growth areas, such as computer technology, biotechnology, robotics, green tech, and sciences. Large number of skilled and unskilled workers from declining industries, such as steel and automobiles, who are unemployed or underemployed and need retraining. Underemployed workers are those who have more skill or knowledge than their current jobs require or those with part-time jobs want to work full-time. A shortage of workers in skilled trades due to the retirement age of baby boomers. An increasing number of baby boomers who, due to downturns in the economy, delay retirement or move to lower-level jobs.
