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FORUM ASSIGNMENT # 1

MANAGING CHANGING WORKFORCE DYNAMICS


GROUP # 3 MEMBERS
 HIBA RASHID
 DUAA RAUF
 HALEEMA SADIA
 ZAINAB NADEEM
 IRFAN MIR
FOUR GENERATIONS OF WORKFORCE WORKING
TOGETHER
Traditionalists, Boomers, Gen X & Millennials

Generations Year Characteristics Need


Detail-Oriented,
nationalistic, conservative in Privacy, Consistency &
Traditionalists 1900-1945
terms of socially & Commitment
financially, loyal
Competitive, educated, have
Boomers 1946-1954 high expectations, principled Privacy & Endorsement
& Positive
Blunt, resourceful,
Gen X 1955-1980 independent & Flexibility in work-life
entrepreneurial approach.
Collaborative, dependent on
Job security & quick
Millennials 1981-2000 technology, adaptable &
feedbacks
authorized

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RISING COMPETITION
Workforce is becoming highly competent

• People of all ages are seeking something better, or at • They can choose the kind of work they'll do, how
least something different. they'll do it, where they'll do it-at a congregate
workplace or from home or somewhere else, and
• Workers have more choices of jobs, career fields, and
when they'll do it.
employers than ever before in history. Our expanding
economy has created more positions, intensifying • Increased remote workers due to readily available
competition for a limited number of competent access to internet. No need of employees to work in
workers. same locations.
• Humans bound to accept technology replacing their
jobs. So together, both can bring the best possible
changes to workplace.

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WORKFORCE IS CONNECTED THAN EVER BEFORE
THROUGH MOBILE PHONES
When the workforce is increasingly mobile and constantly connecting, how will we manage?

• Helps to build professional connections at workplace • Allows employees to discuss new ideas, seek advice,
and facilitate communications with wider audiences.- quick feedback, ask questions and share assets
Smartphones having location trackers have made our online. Also helps interacting with no of people at
lives much easier. one time.
• Attendance management software introduced has • Helps different organizations/agencies to find new
created hassle free workflow management in offices customers and streamline effective communication
to avoid traditional outdated methods of attendance with existing customers.
such as excel spreadsheets and registers.

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IMPACT OF EMPLOYEE ABSENCE AND HIGH
TURNOVER

• One in every three employee does extreme overwork • If absences are paid leaves, company has to bear the
cost even if financial conditions and production is
• Unplanned leaves result in net loss of productivity of
down.
21% per day
• High absence rate and employee turnover signals low
• Sick leaves around 240 million taken by UK employees
job satisfaction
per year. Cost of which is endured by employers

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IMPORTANCE OF KEEPING EMPLOYEES ENGAGED

• 1 out of 3 employees are constantly overworked • HRM should recognize employee’s effort upon
increasing depression and work stress achieving certain KPIs
• HRM needs to allow the workers to work in hours • HRM should initiate programs that leads to well-being
that are flexible for them. Workers can choose to of employees like promoting the concept of eating
come office or work from their homes healthy or program on employee assistance
• HRM can conduct different programs, urging
employees to participate

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THANKYOU

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