One of the most significant management trends during the 1990s not only in the USA but the whole world was organizational downsizing. Since downsizing typically involved shrinking the organization's workforce, it was a human resource management issue. Can some of you remember VSS? Some employees loved it, some deplored it like it was an epidemic sweeping the country! Many organizations had done a fairly good job of helping layoff victims by offering a variety of job-help services, psychological counseling, support groups, severance salary, extended health insurance benefits and even finding jobs with other companies. This assistance offered revealed that the organization did care about its former employees. What are the key concepts in human resource management and how have they impacted organizational practice and performance? Discuss in detail.
One of the most significant management trends during the 1990s not only in the USA but the whole world was organizational downsizing. Since downsizing typically involved shrinking the
organization's workforce, it was a human resource management issue. Can some of you remember VSS? Some employees loved it, some deplored it like it was an epidemic sweeping
the country!
Many organizations had done a fairly good job of helping layoff victims by offering a variety of job-help services, psychological counseling, support groups, severance salary, extended health
insurance benefits and even finding jobs with other companies. This assistance offered revealed that the organization did care about its former employees.
What are the key concepts in human resource management and how have they impacted organizational practice and performance?
Discuss in detail.
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