Identify and discuss the potential influence of three of the following trends and changes in the external environment on the design and implementation of staffing practices. How do these trends impact staffing strategies?
Aging of the labor force
Life expectancy (76.9 years); Workers 55 years and older are about 27% of workforce;
Increase in knowledge workers
Workers who responsibilities involve more planning, decision-making, problem-solving, rather than merely physical execution
Increasing diversity in the workforce (women and minorities)
2010 – White (64%), Hispanics (16%), Black (12%), Asian (4%)
2050 – White (46%), Hispanic (30%), Black (14%)
Women 47% of the workforce, will reach 50% by 2020
80% of women with school-going children employed
Increasing number of foreign-born employees
Highly skilled immigrants
Low skilled immigrants
Multi-generational workforce
People 55 years and over will be 25% of workforce by 2018
16-24 years will be 12% of workforce in 2018
24-54 years will be 63.5 percent of the workforce
Increasing use of social networks
Facebook users over a billion monthly users
Global warming, environmental awareness, sustainability, CSR