Flashcards
The context of HRM: W3
Cards in this deck (9)
- 1What does the SHRM model highloght?the need to adopt a flexible, agile and strategic perspective when dealing with the external environments of organizations
- 2GlobalisationThe increased pace of economic and cultural interconnectedness between different countries
- 3The Australian Economy- fluctuations in response to global and domestic factors
- The current contraction of the Chinese economy, among other factors, has put pressure on Australia to restructure its economy away from mining
-inflation was 1.5%
-unemployment above 6% - 4Changes in the workforce and the nature of employment- age distribution
-aging population
-declining fertility rates
-low mortality rates
-changes in workforce participation rates - 5HR policy and planning issues-age discrimination
-intergenerational conflict
-work-life balance - 6Women & work- the dual-earner family is now the norm
- work and family have blurred boundaries
-maternity and parental leave (paid and unpaid) - 7Women in senior management and on boards-27.4% of key management positions
-16.4% of board positions - 8Changing work and employment patterns- flexibility has become the driving force
-Fair work act 2009 and flexible work arrangements
-shrinking proportion of permanent employees
-increased casualisation - 9Neo-liberal political policies emphasise:- individualism
-contractualism
-choice
-voluntarism