Session 2_Chapter 2 - Chapter 2 Trends in Human Resource...

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2-1 Chapter 2 Trends in Human Resource Management
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2-2 Learning Objectives
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2-3 The Labor Force Internal Labor Force An organization’s workers Its employees The people who have contracts to work at the organization The internal labor force has been drawn from the external labor market. External Labor Market Individuals who are actively seeking employment. The number and kinds of people in the external labor market determine the kinds of human resources available to an organization.
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2-4 Change in the Labor Force An Aging Workforce Age Distribution of U.S Labor Force, 2006 and 2016
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2-5 HRM Implications of the Aging Workforce Concerns related to retirement planning, retraining older workers, and motivating workers whose careers have reached a plateau. Organizations will struggle with ways to control the rising costs of health care and other benefits. Many of tomorrow’s managers will supervise employees much older than themselves.
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