Professional Documents
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Content Q3
Content Q3
The value of human capital in the HR Department's practise, education, and technical training, as
well as their communication and language skills. Human resource learning and motivation are also
important aspects of effective human resource department practises. Their shortcomings, however,
pose a challenge to the development, management, and implementation of effective HR training and
development in organisations.
There are currently extensive discussions taking place regarding the primary concerns for Human
Resources in the future. As a result of increased globalisation, cutting-edge manufacturing
techniques, shifting customer demands, and corporate restructuring, human resource managers face
a variety of challenges. HR managers are working hard to retain talent, meet multicultural workforce
demands, and reduce employee costs. To meet the changing demands of the twenty-first century, it
is necessary to develop a flexible workforce.
The below are HR are the challenges and the practical solutions.
1. Management Changes
A company's strategies, structure, and internal processes evolve as it grows. Some
employees are finding it difficult to adjust to these changes. Many businesses experience a
drop in productivity and morale during times of transition.
Company owners should focus on informing all stakeholders about the benefits of the
change. Regular staff meetings are a good place to start. Your team will be more likely to
support the change if they understand why, how, and when it will occur.
Training and development need not be time-consuming or costly. Managers and senior
leaders should be encouraged to mentor their subordinates. You could also provide online
training courses, allowing people to learn at their own pace. You will have a loyal and
productive team if you invest in your employees.
One of the best ways to find the right people for your company is to hire a staffing agency.
They provide temp-to-hire services, allowing you to try out new employees with little to no
risk. You will save time, money, and aggravation, and you may even meet a future executive
or business partner.
Managers can benefit from Emotional Intelligence (EQ) training to recognise the benefits of
a healthy mental state. Other training, such as mindfulness and general stress coping
techniques, can aid in the development of a resilient workforce.
Demographic Changes:
Diversity (employee background), age, gender, and education levels are the major
components of demographic changes.
i. Diversity:
As a result of globalisation, the workforce in both developed and developing countries has
become increasingly diverse, with people of various races, regions, languages, cultures, IQs,
and so on. The impact of workforce heterogeneity on HRM is astounding. HR managers
receive specialised training in order to manage workplace diversity.
a. When a large number of employees are approaching retirement age, managers are
concerned that the expertise of older employees will be lost too quickly.
b. Some companies make an effort to retain retiring employees. Longer working lives are
primarily influenced by good health and longer life expectancies. Some retirees work for
financial reasons.
c. Hiring older employees may result in higher healthcare costs. However, because older
workers have fewer dependents, there will be other cost savings.
d. Savings in training, transition, and recruitment costs occur when older workers are
reemployed.
e. If the age range is large, the problems associated with a "generation gap" will always exist.
It is up to managers' creativity to create career paths for people of various ages in order to
fill gaps in the number and types of employees.
Recently, both developed and developing economies have significantly more women
workers at all levels of the labour force. Many mothers with school-aged children continue
to work in various capacities. One reason for more women working is that their educational
level is rising in comparison to men.
a. Organizations that want to attract female workforce talent are taking steps to ensure that
women are treated equally with men in terms of advancement opportunities and
compensation.
b. Organizations that want to hire women must be willing to provide parental leave, part-
time work, a flexible work schedule, job sharing, telecommuting, and child/elder care
assistance.
c. Although no significant differences have been observed between men and women
workers, managers must take extra precautions to manage women-related issues such as
sexual harassment, maltreatment in male-dominated groups, and so on.
Workers' educational levels in developing countries have risen significantly over the years.
Higher education is required in some industries, such as IT. Earnings from education in hot
industries are very appealing.
a. While job complexity is increasing, the skill gap is massive and growing.
b. The majority of degree holders have only rudimentary reading and writing skills.
c. Organizations must spend a significant amount of money on basic skills training for their
employees.
d. Businesses are having difficulty finding trained and certified workers such as fitters,
electricians, plumbers, mechanics, and so on.
e. In order to attract talented candidates, organisations must offer higher pay packages.
f. Human resource personnel face the difficult task of identifying required skills among
educated applicants.
In the IT industry, high-quality workers were required. As technology and skills become
obsolete at an increasing rate, there is a need for continuous updating of knowledge and
skills.
Hiring, training, developing, and retaining talent have all become major challenges in the IT
industry. No business can succeed without strong HR policies in place.
7. Job Satisfaction:
One of the most important factors in retaining employees is job satisfaction. To manage the
recruit's expectations, it is critical that the job description and role of the employee in the
organisation be clearly understood when entering the organisation.
Thus, by understanding each segment's motivations and needs, the organisation can tailor
the employment proposition and improve retention.
In conclusion, due to the numerous challenges that human resource departments face,
organisations must adopt correct and workable policies that will not only ensure they
alleviate these challenges, but also develop mechanisms for dealing with such challenges in
the future.