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Important Trends for Human Resource Professionals

This solution analyzes the important trends human resource professionals must be aware of in the areas of compensation, labor relations and succession planning. The solution is over 300 words long and includes a reference.

The specific case study addressed is: What do you think are the most important trends that HR professionals must be aware of today regarding pay, labor, and succession planning?

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In these difficult economic times, likely the most vital trend impacting pay is decreased salaries. When the job market is flooded with unemployed candidates, many employers are finding hundreds - if not thousands - of applicants for one position. This permits the employer to pay less than the average or market rate for comparable jobs as the demand for jobs is high. For most professionals who watch the job market within their field, it is likely they have found a decrease in wages. My field is human resources, but for the ...

Solution Summary

This solution analyzes the important trends human resource professionals must be aware of in the areas of compensation, labor relations and succession planning. The solution is over 300 words long and includes a reference.

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