4 essay questions Example | Topics and Well Written Essays - 1500 words

4 questions - Essay Example Labor force globally is aging. In Canada, the average age of labor force was 32 in 1972, which has arisen to 39 in 2000 (Career Sense). The age pattern of the population affects the education level, which in return directly affects the labor market. With baby-boomers due to retire soon, there will be a dramatic shift in the work force. Richard Freeman of the National Bureau of Economic Research, Washington states that changes in the global job market for science and engineering workers will diminish the comparative advantage of the United States in high-tech production (AllBusiness, 2005). Gender too plays a contributory role. About two-thirds of the total labour force growth resulted from increased participation from women. Women prefer part-time jobs and they contribute to increase in absenteeism depending on individual family culture. Immigration is another critical area due to which the culture and education level of the labor makes the role of human resource management challenging. IBM’s diversity strategy includes creating a work/life balance, advancement of women and integration of people with disability (Nicolson, 2006). Organizations today recognize the need to attract the right brains to thrive in the competitive market and retain the employees as work force is ageing and skilled force is in short supply. Changing composition in the global work force brings a shift in the human resource management. Canada used to have highly skilled migrants mainly from European countries but now has to rely heavily on those who do not possess language proficiency or the technical skills. Science and American graduates in America is gradually dropping, which signals a warning to the sourcing of work force. One of the key roles of the human resource management is to find new ways to motivate and reward the employees. Employee productivity and organization performance is directly linked with the compensation schemes that an