New trends and changes in labour force demographics

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Reference no: EM132525886 , Length: word count:2300

HC2101 Performance Management - Holmes Institute

LO1. Understand different methods and levels of measuring performance in organisations
LO2. Match people to job requirements - understanding job demands, situational factors and successful recruitment
LO3. Plan future HR needs taking into account new trends and changes in labour force demographics
LO4. Comply with relevant legal requirements
LO5. Demonstrate the capacity to express ideas, concepts and arguments in a logical and coherent written form conforming to relevant standards of academic writing.
LO6. Develop team skills

Assignment Specifications

Topic: Workplaces today are undergoing dramatic changes and the future presents many challenges and opportunities for both HRM and employees.

Technological change, particularly the development of artificial intelligence (AI) and new generation robotics, are said to represent a "third wave" of economic development that will displace current jobs and current employment patterns and will fundamentally impact upon the very fabric of society itself.

Task 1. Broadly discuss these trends and also discuss their impact at the societal level in 40 to 50 years' time. Will society be better or worse overall for most people? 500 words

Task 2. Select 3 occupations from the following list:

General Medical Practitioner	Data Analyst	Environmental Scientist
Accountant	University Lecturer	Recruiter

a. Present data on the current demographics for these occupations in Australia as well as the changes in that group over the last 40 years. You must establish the size and composition of that occupational category going back to 1970 and analyse trends.
b. Predict the future situation for your chosen occupations in 2060. Consider the major decline, no change or major improvement and indicate which is most likely and justify (500 words for each occupation, separate headings for each)

Task 3. Finally, in your conclusion please discuss
a) What are the implications for employees today (i.e. different way of working, new skills etc.)?
b) What are the implications for leaders and managers?

Attachment:- Performance Management HR.rar

Reference no: EM132525886

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