The Demographic Composition Of The Workforce Changes, Employee Motivations And Expectations Evolve Too

1683 Words Dec 12th, 2015 null Page
As the demographic composition of the workforce changes, employee motivations and expectations evolve too. It is up to the Human Resources department to understand what is revolving around people 's thoughts and happiness today in the work field environment, such as what is most valued by those workers and how work-life balance becomes one of the employers ' expectations. In many cases, HR will have to adapt their incentives, benefits and retention strategies for workers that are only driven by financial wages and compensation.

Over the years, Human Resources function has changed with a clear goal in mind on figuring out the best practices and the best allocation of time. Companies will have to make sure that their people are committed and productive, so that they do not leave after a short period of time as well as incurring substantial turnover costs and wasting all the time spent investing in training newly hired employees. More companies and organizations are realigning the role of HR, so that they can better manage the organization as well as oversee the whole functions, in which can make the establishment grow cost effectively. Some companies have even decided that it 's best to outsource some functions to third parties, just so that the internal resources can focus on more things important and time consuming, such as strategic management issues on hand. The Human Resources Management Department deals with many issues, but the biggest challenges that we all face…

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