SMO415 Study Guide - Midterm Guide: United Grain Growers, Wrongful Dismissal, Workplace Violence
Document Summary
The process of acquiring, deploying and retaining human resources, in order to achieve organizational objectives. Human resource flow: planning recruiting/selection . Morale issues = can reduce turnover rates/level of performance is affected. Costs = may have a limited budget can only bring in so many new people/training is also affected. Identify the jobs that have to be done and which can be done at home and which can be temporarily suspended: predict likely absenteeism rates. Workforce generations: war babies (1935-1945, baby boomers (1946-1964) = lots of people searching for jobs, so more competition in the workforce, generation x (1965-1980) = technology is changing during this period. More women in the workplace compared to earlier generations. Economic opportunities were limited because the workforce was full of baby boomers, so more entrepreneurs. This generation had to compete more to get the jobs that they wanted.