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The Employment Market
Chapter 6 of Human Resource Management in a Business Context
(3rd Edition 2007) by Alan Price - published by Cengage
Contents
Objectives
The purpose of this chapter is to:
- Outline some of the major theories about why people work.
- Develop an understanding of the conditions and salaries for which people work and the expectations they have of employers.
- Explore the relationship between human capital and national employment levels.
- Determine some of the effects of competitor activities on employee availability.
- Investigate the patterns of work that are replacing nine to five jobs.
Sections
- Why do people work?
- Social preferences
- Individual preferences
- Participating in the employment market
- Employee supply and demand
- Active labour market programmes
- Part-time and temporary working
Summary
In this chapter we discussed some important features of the employment market. We
considered factors which lead to people seeking work and joining that market. We
examined key economic and psychological concepts and identified a number of links
with fundamental elements of HRM. Participation in the job market was investigated,
comparing rates in different countries. Different working patterns were described as
a prelude for later discussion of flexibility.
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Human Resource Management in a Business Context, 3rd edition
Human Resource Management in a Business Context provides an international focus on the theory and practice
of people management. A thorough and comprehensive overview of all the key aspects of HRM, including articles from HRM Guide and other sources,
key concepts, review questions and case studies for discussion and analysis.
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