Changing labour market conditions on resourcing decisions

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Reference no: EM133770085

Question

Explain the impact of changing labour market conditions on resourcing decisions.

Explain the two terms 'tight' and 'loose' labour market trends.

Using PESTLE identify 3 labour market trends (these could be global or local) For example the rise in flexible working arrangements, fewer older people in work, legislation regarding the hiring of local workers, etc

For each trend you identify, explain the impact this trend has on organisational resourcing decisions - _you could discuss recruitment methods, retention strategies, reorganisations, development decisions and long-term planning.

Reference no: EM133770085

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