Workforce Essay

tangible and intangible rewards. Attracting and selecting the most qualified employees and matching them to the jobs for which they are best suited is important for the success of our organization. When we are selecting the people who will join our workforce, picking the best workers is inherent to this responsibility. The selection of the best employees will be based not only on the candidates ' ability, knowledge, experience and skills to do the specific task needed, but also their professionalism

India's Strengths in Terms of High-Tech Strong Economic Growth India has an amazing rate of growth which has reached to 9% in 2007. The average rate of growth is 7% since 1994. This is an important evidence of the stable development of Indian economy. Also unlike to other developing countries India managed to have a very low rate of inflation which has remained close to 4% since 2000 and has not fluctuated much then. India seems to be one of the safest economic environments for investment when

A college education is proven to increase an individual 's earnings, however, women’s earnings are still not as much as men’s, even when they have the same degree (Patten, 2015). The county is seeing this gap start to close over time, however, research shows that women are far more likely than men to leave their occupations, either temporarily or even permanently, to take care of their children (Patten, 2015). Roughly four-in-ten mothers say they have taken a significant amount of time off from

Older Workers The aging of the U.S. population is affecting the demographics of the work force. Between 2000 and 2010, the age group experiencing the greatest growth will be those aged 55-64; by 2005, people aged 55 and over are projected to be nearly 20% of the working age population, compared to 12.5% in 1990 (Barber, Crouch, and Merker 1992; Barth, McNaught, and Rizzi 1993). For a number of reasons, including financial need, longer life expectancy, and a desire to continue working, the

the job, in my opinion, due to education and a higher level of experience. USA Today supports that in saying that a college degree is no longer enough. “There is a substantial skill gap between students' self-assessed readiness when entering the workforce and the skills employers actually want.” (Dostis) This puts a strain on the new college graduates attempting to find a long-term job. At this point in time, graduates are having to prepare long before graduation in order to hopefully have landed

Diversity      America’s workforce is continuously changing. Businesses today hire and retain culturally diverse employees to compete in the globalize market. Companies are developing ways to tap into and capitalize upon the talents of their workforces. They are discovering how to value the diversity of their workforces and the potential that diversity brings in flexibility, ingenuity and problem solving are helping them achieve their goals. Diversity can be differences in age, gender, ethnicity

environmental scanning can be instrumental in HR planning (Greer, Peters & Youngblood, 1998). Changing Demographics Demographics are one of the most important elements in the workforce. Immigration, age, and a declining birthrate have negatively affected the ability to fill positions. A smaller, younger workforce has incited many companies to seek out ways to retain the aging baby boomer segment. As these baby boomers retire, it is imperative to ensure younger workers are mentored so the knowledge

External Environment When most people think of Human Resource Planning, the first thing that usually comes to mind is the internal environment of the organization. There is, however; the external environment which is just as important. The external environment consists of governmental policies, condition of the economy, demographics, technology, international influences, competitors, and a changing labor force (Greer, Peters & Youngblood, 1998). Neglecting the external environment can have devastating

In 2015, the United States civilian labor force rose to 157.4 million (Unemployment rate nears prerecession level by end of 2015: Monthly Labor Review: U.S. Bureau of Labor Statistics, 2016). About half of the workforce were women and of the 157.4 million, about thirty-eight percent were non-white workers including Asian, Black, and Hispanic ethnicities. By 2024, it is projected that women will make up more than half of the United States labor force, in which, roughly twenty-three percent of the

Workplace Diversity Many outstanding articles, books, journals and papers have been written regarding the topic of workforce diversity. Some are relatively short papers such as Diversity in the Workplace published by the University of Florida, and seek to provide the reader with a basic understanding of what is meant by workplace diversity, as well as the potential benefits to both employers and employees alike. Other resources can be significantly more in-depth and explore subtopics of workplace