Lifetime employment versus hire-and-fire human resource management systems
Article Abstract:
There has been a move away from jobs for life which are seen as incompatible with companies being able to adapt to changes in technology and markets. Companies may be able to adapt rapidly by hiring and firing employees, but there may also be advantages from lifetime employment. Recruitment costs are lower, as is staff turnover, and there is more investment in training. Companies can accumulate human capital in addition to physical capital. Lifetime employment is practised in some Japanese companies, and aspects of Japanese culture may contribute to a consensual approach to labor markets in Japan.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 1997
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E-commerce: the challenge for human resource management
Article Abstract:
The increasing interest in electronic commerce will have an effect on human resource management which in turn will have to change to meet the growing needs of the e-commerce industry. It is anticipated there will be an increasing demand for workers with computer skills. In the UK there were 20,000 IT jobs unfilled in 1997. Some firms have found they were unable to progress as quickly as planned because they lacked trained IT staff. Human resource management will need to recruit and train workers to undertake employment in new areas, such as distribution and online shopping.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2000
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E-Business and human resource management
Article Abstract:
E-Business is the use of information and communications technologies (ICT) in business activities that involve e-commerce and other activities not directly linked to purchasing and selling. This includes using internet-based systems for internal company processes, as shown by the use of ICT in human resource management.
Publication Name: British Economy Survey
Subject: Business, international
ISSN: 0263-3523
Year: 2001
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