Professional Documents
Culture Documents
labour turnover lower than the industry average has merit but might mean few opp
ortunities for advancement and grwoth
-----------demographic changes (opportunities vs constraints)
> natural pop. growth (or decline)
increase in working pop.=easier to recruit
take years before they impact working pop.
>net migration (immigration compared w emigration)
easier to recruit employees from other countries
at lower pay; they may be highly qualified
"brain drain" reduce competitiveness
training immigrants (language/cultural issues)
> ageing population
older=more loyal and reliable and more experienc
ed
older=less fleble and adaptable (esp towards new
tech.)
occupational mobility of labour: extent to which workers are willing and able to
move to diff jobs requiring diff skills
high=helps a country achieve economic efficiency as structural unemploym
ent becomes low
>MEDC tends to be immobible bc
high lvl of home ownership, reluctant to move
high lvl skill due to education
>LEDC and emerging market countries (despite strong family/ethni
c ties) are higher bc:
not much people hv homes
low skill=can undertake low skilled jobs in diff industr
ies
-------geographical mobility of labour: extent to which workers are willing to move geo
graphically to take up new jobs
> high degree between rural and urban areas=overcrowding
, poor living conditions
> gov. policies to increase labour mobility
relocation grants for key public sector workers
>job centers that advertise vacancies nationally
training and retraining programmes for unemploye
d
new communication technologies changing the structure of economies
ICT and
modernization impacting industries thus skills needed, some jobs are lost foreve
r but new job opportuniies are created.
makes communication relay more time and place efficient
find more efficient way of producing g&s w fewer employees
geographical flexibility
substutution of manual task (record keeping, repetitive assembly work)
support (engineering and architecture)
-----RECRUITMENT: "process of identifying the need for a new employee, defining job v
acancies and the specifications of a person needed to fill it, attracting candid
2. National cultures
>no one way to dev sensitivity to how other cultures operate