A discussion on whether human resource management (HRM) practices actually lower the unemployment rate.
Written in 2005; 1,412 words; 10 sources; MLA; $ 47.95
Paper Summary:
The way workplaces are organized in the United States has changed in the last 20 years. Job stability has declined for long-term workers, there has been a large increase in the use of contract workers and there has been widespread adoption of new forms of workplace organization. This paper discusses the recent changes in how firms hire, train, fire, compensate, and manage workers. It uses these components to suggest how the major changes in human resource management (HRM) practices could have led to the drop in the unemployment rate.
From the Paper:
"Starting in the 1980s, competition and technical change resulted in greater pressures for customer specialization, cost reductions and quality (7). In response many companies began experimenting with a wide range of practices known as high performance work organization (HPWO). Examples of these practices include: job rotation, pay for knowledge, autonomous teams, and total quality management (TQM). HPWO has made workers become more interchangeable between tasks (otherwise known as job rotation). This saves the company time and money it would take to hire someone new. This increasing ability to move workers within firms between jobs may be part of the explanation for improved labor market efficiency. At the same time, a more flexible production process means that many of skills workers use must be relearned frequently."
We have thousands of high-quality term papers, research papers, essays, book reports and dissertations on every topic. At AcaDemon, you can download those term papers to help you write yours! You can be sure that the term paper, essay, book report or research paper you download are top-quality, competitively priced and high-level work.
This Free Term Paper Abstract is a part of our Term Paper Library.Here you can purchase research papers, examples of essays, academic dissertations, articles, notes, analytical papers, book reports, stories and poems. We have thousands of persuasive, point-of-view, narrative, critical, compare and contrast and other types of essays in our Library. You can also find here Term papers on "HRM and Unemployment", Essays on "HRM and Unemployment", Research papers on "HRM and Unemployment", Student papers on "HRM and Unemployment", Book reports on "HRM and Unemployment", Dissertation on "HRM and Unemployment", Thesis on "HRM and Unemployment", Summary of paper on "HRM and Unemployment", Articles written on "HRM and Unemployment".
Look for more research papers, essays and book reports on