FUNDAMENTAL HUMAN RESOURCE MANAGEMENT PRACTICES AIMED AT DEALING WITH NEW CHALLENGES IN THE LABOUR MARKET

Many employers are currently experiencing a shortage of workforce and are looking for useful ways to attract and keep enough qualified and motivated people. The importance of dealing with these issues will grow with the entry of postmillennials into the labour market because their expectations about...

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Bibliographic Details
Published inTransformations in Business & Economics Vol. 19; no. 2; p. 38
Main Authors Snieska, Vytautas, Navickas, Valentinas, Grencikova, Adriana, Safrankova, Jana Marie, Sikyr, Martin
Format Journal Article
LanguageEnglish
Published Kaunas Vilnius University, Kaunas Faculty of Humanities 01.01.2020
Subjects
Employability
Generation Z
Generational differences
Habits
Human resource management
Human resources management
Job openings
Labor market
Millennials
Motivation
Work experience
Workforce
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Summary:Many employers are currently experiencing a shortage of workforce and are looking for useful ways to attract and keep enough qualified and motivated people. The importance of dealing with these issues will grow with the entry of postmillennials into the labour market because their expectations about work and career seem to be different from those of older generations. The goal of the paper is to discuss new challenges in the labour market and propose a set of fundamental human resource management practices that should help various employers recruit, employ and develop post-millennial employees. The findings support the assumption that current post-millennials have relatively high motivation to learn and grow, but at the same time they have relatively high expectations about work and career that may reduce their employability if they do not have the appropriate work experience and social habits.
ISSN:1648-4460
2538-872X