Current Trends in Human Resource Management

The world of work is quickly changing. As a part of business, Human Resource Management (HRM) must be prepared to deal with sound effects of changing world of work. For the HR people it means understanding the implications of globalization, work-force diversity, changing skill requirements, corporate downsizing, continuous improvement initiatives, re-engineering, the contingent work force, decentralized work sites and employee involvement for which all and more have the financial implication to organization. Let alone on the employee side where engagement, satisfaction, motivation, retention, absenteeism, turnover have to be checked. As a rule human resource management has to venture into new trends in order to remain relevant corporate development partner. Look at the one new trends as bellows;

Work-force Diversity

“work force diversity is a work force consisting of a broad mix of workers from different racial and ethnic background of different ages and genders, and of different domestic and national cultures’’

In the past HRM was considerably simpler because our work force was strikingly homogeneous. Where diversity flourishes, the potential benefits from better creativity and decision making and greater innovation can be accrued to help increase organization’s competitiveness. One means of achieving that is through the organization’s benefits package. This includes HRM offering that fall under the heading of the family friendly organization.

According to Google's 2017 Diversity Report Shows Progress Hiring Women, Little Change for Minority Workers

The updated workforce data shows that women make up 31% of all employees at Google. Twenty percent of Google tech workers are women, up from 17% three years ago. And women hold one in four leadership roles at the company.

Progress for increasing representation for racial and ethnic minorities among Google’s workforce has been slower.

While Google released summary stats about women in its global workforce, the race data is based on its EEO-1 Report which includes only its U.S. employees.

The number of Black U.S. employees remained stagnant over the past year at 2% of the total workforce and 1% of tech workers. The number of Hispanic and Latinx employees also saw little change, increasing from 3% to 4% over the last year

Diversity among new hires at the company was relatively flat as well.

In 2016 women were 21% of the hires in tech roles while Black and Hispanic or Latinx candidates made up 3% and 4% of all new hires, respectively.

Google’s overall workforce is 56% White, 35% Asian, 4% two or more races, 4% Hispanic or Latinx, 2% Black and less than 1% American Indian or Alaskan Native, and Native Hawaiian or Pacific Islander. On its report, Google groups the last two categories together under the heading “Other.”

According to an Equal Employment Opportunity Commission report on diversity in the tech industry, tech firms hire a larger share of White, Asian, and male employees than the private sector overall.

Black and Hispanic or Latinx workers make up 14.4% and 13.9% of the private workforce overall, respectively. In the tech sector as a whole they are 7.4% and 8% of employees.

Women are also underrepresented, making up just 36% of tech employees compared to 48% of all workers.

Human resources the management of an organization’s policies and procedures relating to its employees has historically been seen as a somewhat insular task. But with the rise of globalization, Work force diversity, the world is becoming a smaller place. Business, even small ones, are now connected across cultural and geographic boundaries. As a result, global trends are affecting human resources management within organizations of all sizes.

References

http://www.grin.com/en/e-book/196467/human-resource-management-in-the-context-of-a-global-company Accessed on 31^st Oct, 2017 at 10.02 AM

https://www.linkedin.com/pulse/15-current-trends-human-resource-management-rutaihwa-aristides-andrew Accessed on 31st Oct, 2017 at 11.58 AM

http://fortune.com/2017/06/29/google-2017-diversity-report Accessed on 01st Nov , 2017 at 9.22 AM