Human Resource Trends

Trends in Human Resource Management

The purpose of this paper is to describe the changing role of HR management in response to trends in globalization, technology, diversity, e-business, and ethics.
Human Resource Management is defined as the policies, practices, and systems that influence employees’ behaviors, attitudes, and performance (Noe, 2007). Human Resource Management (HRM) has changed over the last decade, there are new and upcoming trends that will impact human resource management and affect the way organizations do business. Current market trends, politics, technology, skill level and future growth potential are internal and external factors. According to ( Noe,2007) Human resource professional need to be aware of trends in the composition of the external labor market, because these trends affect the organization’s options for creating a well-skilled, motivated internal labor force.
Human resources is valuable to an organization , organizations rely on human resource in making such decision as whom to hire, who to pay, what training to offer and how to evaluate employee performance directly affect employees’ motivation and ability to provide good service that   the customers value. Preparing the organization for globalization is the responsibility of human resource management. HRM has stepped up to keep an advantage over competitors by developing high performance work systems. Among the trends that are occurring in today’s high performance work systems are reliance on knowledge workers; the empowerment of employees to make decisions; and the use of teamwork (Noe, 2007).
Globalization is influencing organization to use resources from around the world and take advantage of lower wages or conduct business in another country. For example, Ernst & Young set up a virtual hub for sharing industry- focused knowledge and experience (Ernst& Young, 2009). Balancing the global trends in human resource management with the influence of other cultures is a...