Tuesday, January 12, 2010

Post 2: Ch. 2 Trends in HRM

I found it interesting that there is such an increase in the workforce aged 55+ foretasted for the next decade. This means a few things to me, first, that the dollar value doesn't seem to be going up or as far as a dollar used to go. SEcond, this means that there are some changes in the trends of benefit packages and cost of living expenses that people will need to prepare for. It made me wonder if I will have to work till I am even older than the anticipated work age, say 70-80? Does this increase mean that health care costs are going up? If so, is that a direct reflection on the overall health of our race? It makes me believe that we aren't taking as good of care as our bodies as we used to. If that is the case, I see major implications in the future HR departments across the country. It appears that the Top 10 Occupation for Job Growths have that common trend revolving around health care. If I were in a TQM team in an HR department I would focus on education and health training.

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