MHR 523 Chapter Notes - Chapter 1: Industrial Revolution, Human Resource Management, Flextime
Document Summary
Hr department helps organizations and their employees attain their goals. (look at image on the front of the page) Challenges organizations face: economic (ex: recession), technological(ex: computerization), political (ex: new government policies), social(ex: concern for our environment), demographic (ex: changing composition of our workforce), legal(ex: minimum wage changes, laws), cultural(ex: ethnic diversity) and many others. Major 5 challenges grouped under: economic, technological, demographic, cultural and legal. Economic challenges (are economic factors affecting canadian business today) 3 economic challenges: surviving a recessionary cycle, facing the global trade challenge and meeting the challenge of productivity improvement: surviving a recessionary cycle: during this time alot of employees get layed off alot of ppl lose their jobs. That is in charge of planning, communicating and implementing employee lay off. Workforce is low during recessionary period: facing the global trade challenge: canada ranked high among exporting nations.