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Showing posts from April, 2023

Recruiting and Labor Market

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  Recruiting and Labor Market What is labor market? The labor market, also known as the  job market , refers to the supply of and demand for labor, in which employees provide the supply and employers provide the demand. It is a major element of any economy and is intricately linked to markets for  capital , goods, and services . Strategic Recruiting and HR Planning It is  essential  that recruiting be treated as a part of strategic HR planning because it is a key mechanism for filling positions necessary to get the work done. Recruiting requires an employer to:  • Know the industry and where to successfully recruit qualified employees.   • Identify keys to success in the labor market, including competitors’ recruiting efforts.   • Cultivate relationships with sources of prospective employees.    • Promote the “company brand” so that the employer is known as a good place to work. Component of Labor Market The labor mar...

CULTURE AND INFLUENCE IN THE WORK PLACE

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  CULTURE AND INFLUENCE IN THE WORK PLACE The notions attributed to collectivist and individualistic cultures are well-recognized and customorily pitted against one another. Culture is a singular factor that can have an influence on peoples  work  behavior. Within this significantly vast field of study, a particular area that cross-cultural psychologists often study are the differences and similarities between individualistic cultures and collectivist cultures. Individualistic Culture Individualistic cultures are those that systematize the needs of the individual over the needs of the group. Here, individuals pride themselves on their autonomy and independence. As a result, social behavior at large is dictated by the attitudes and preferences of individuals. Collectivist Culture Collectivist cultures prioritize the needs and goals of the group  over the needs and desires of an individual. Hence, in such cultures, an individual’s relationship with other...