In: Operations Management
Effective managers stay abreast of current HR topics. Here are a few....... global HRM, labor relations, social media, whistleblower rules, e-HRM/self-service the knowledge economy, outsourcing pros and cons, managing four different generations in the workforce, increasing age of the workforce, employee privacy, the glass ceiling, implications of baby boomer retirements, immigration, social responsibility, elder care, executive pay, and alternative work arrangements. Select three topics from the list above (or choose other current topics that are not included). Research each topic. For each of your three chosen topics, provide a bulleted list of four or five relevant points that you believe have significance for line managers.
1. Social Media-
1. It increase awareness about organization’s brands and receive feedbacks.
2. It is the cost effective tool for promotion and marketing of products and services.
3. Increases sales- when someone tag or mention company’s name then company become a trusted recommendation to their friends, so helps in increasing leads to sales.
4. Easy to engage with customers through social media. Line managers can directly communicate with customers.
2. Increasing age of the workforce-
1. Older workforce are less flexible, less motivated and they take more sick leaves.
2. Aged employees have more work experience so it is difficult to give retirement to them, so organizations can hire retired staff for short term projects.
3. Attract and retain younger employees
4. Lack of after retirement plans and no financial assistance after retirement, so they try to do more work
5. Productivity of older workers is more consistent than younger workers.
3. Alternative work arrangement-
1. It satisfies the desire of employees to be able to create work and develop skills that are personally meaningful.
2. It increases the longevity of older workforce to work
3. Increases employees productivity
4. Reduced business travel because virtual teams are there.
5. Retention of employees is also increase