Human resources trends Case Study Example | Topics and Well Written Essays - 1750 words

Human resources trends - Case Study recitationLabor costs might not be the high overhead vari adequate affecting boilersuit costs it was 30 years ago, only if it still a cost reducing solution managers learn to utilize when they feel pressures from upper management and shareholders to lower costs. Outsourcing of employees is not the evil predicament m any(prenominal) bring forward it is. It is simply a solution that provides flexibility and allows costing reduction in different compensation areas. Outsourcing of a firms workforce can occur in various ways. A company can choose to deal employees through job agencies in order to acquire a staff that is legally not theirs. to a lower place this type of work arrangement the employee belongs to the job agency, but performs work and it is supervised by the manager of a firm. Once integrated into the companys system in reality the job agency employee and the directly recruited employee is treated equally and at that place is not way to differentiate them within a work setting. This alternative is chosen to curb fringe benefits compensation costs and to wealthy person flexibility of not being forced to retain an employee later the typical short probation period expires.An outsourcing arrangement occurs when an enterprises hires a consultant to perform work in any type of project within the organization. A third way and the reason the typical American player feels outsourcing is evil to source work that used to be performed in-house to third world countries to save on usable costs. The fact of the matter is that this shift was necessary and most of the time the type of work being outsource are functions which are perform at a fraction of the cost oversees. For example a Chinese worker earns approximately 95% less per hour than a person working in the join States or Europe (Ceglowski & Mawr, 2005). By reducing costs and outsourcing this type of work a company is able to hire more employees to perform other duties. The world environment of developed countries has shifted from manual work to a knowledge economy. There is not turning back and people in developed nation must educated and train themselves to compete in this new economy. Human resources must adapt and to the change by understanding the different contractual requirements of the various employees working directly and indirectly for a company.Another rising trend in the business environment of the 21st century is online recruiting. The internet has become a go bad of the everyday life of humans. There are over 1.1 billion online users worldwide (Plunckett Research, 2007). Since there so some people online spending multiple hours daily in the internet, a great way to find and appeal talented professionals is to find them at this time. Online recruiting is great because it provides access to a large pool of potential candidates, but it has many other benefits for human resource professionals. Online recruiting allows HR to find potential employees in places there would have never been able to find them in the past. It allows firms to recruit international players with ease. This must be done because there is shortage of talented professionals in a lot of technical fields such as accounting, cultivation systems, scientists, nursing among many others. The HR field is adapting to the reality of marketplace talent pool shortage and in the future it is projected that the gap between demand and supply for talent will only increase.