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Important domestic demographic changes affecting HRM

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What are some important domestic demographic changes currently affecting HRM? How does HRM effectively respond to these changes? What must be done to improve responses? What may be done to address gaps caused by these changes?

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DEMOGRAPHIC CHANGES AND HUMAN RESOURCES MANAGEMENT
Domestic demographic changes currently affecting HRM:
1. Population growth
This is indicated by increase in birth rate and increase in net immigration.
Implications to HRM:
a) Employees' increasing physiological needs.
b) Likelihood that employees will not stay long in a company.
c) Likelihood that women employees may demand maternity benefits while men employees may request for paternity benefits.
2. Population is getting older
Aside from the total size, one of the most important demographic characteristics of a population is its age and sex structure. The United States has been in the midst of a profound demographic change: the rapid aging of its population, as reflected by an increasing proportion of persons aged 65 and older, and an increasing median age in the population (http://www.fas.org/sgp/crs/misc/RL32701.pdf ).

Implications to HRM:
a) Limitations in ...

Solution Summary

This solution provides a detailed outline of some important domestic demographic changes currently affecting human resources management (HRM), how HRM effectively responds to these changes, what must be done to improve responses, and what may be done to address gaps caused by these changes.

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