Managing talent Flows Through Internal and External Labor Markets

2017 ◽  
Author(s):  
Matthew Bidwell
Keyword(s):  
Labor Markets ◽  
Talent Management ◽  
Worker Flows ◽  
External Flows ◽  
External Labor Markets ◽  
Over Time

This chapter examines talent management through the lens of worker flows, emphasizing the interdependence between staffing decisions across jobs and over time. It reviews existing theories on how people flow across jobs within and across organizations, as well as how organizations balance those internal and external flows in staffing jobs. Although different theories have generally been used to analyze internal and external mobility, I note that organizations are using increasingly market-like structures to manage internal moves, while research is also revealing increasing amounts of structure in flows of workers across organizations. I also argue that studies continue to highlight the substantial benefits that organizations receive from staffing jobs through internal rather than external mobility, despite increases over time in outside hiring.

Post-Pandemic Restorative Talent Management Strategy for SME Development

2021 ◽  
pp. 80-96
Author(s):  
Neeta Baporikar
Keyword(s):  
Literature Review ◽  
Human Resources ◽  
Systematic Literature Review ◽  
Management Strategy ◽  
Talent Management ◽  
Economic Activities ◽  
Indian Economy ◽  
Proper Management ◽  
Exploratory Approach ◽  
Over Time

Indian economy post-COVID 19 pandemic may witness a massive reengineering of all its economic activities. Some will cherish the change, while others will perish over time. The post-pandemic scenario will have a drastic impact across industries and sectors regardless of their scale or size. The magnitude of impact on SMEs and entrepreneurship is unfathomable considering the prevailing intensity of the crisis. SMEs should come up with plausible innovation and talented human force to sustain in the market. The enterprises should develop and nourish ‘talent culture' and should focus on ‘talent', which remains the most neglected component in Indian SMEs until today. Hence, adopting an exploratory approach with a systematic literature review, the chapter focuses on positioning the importance of talent management and its components in the SME framework to manage the post-pandemic crisis. In the process, the chapter deliberates on the key strategies for rearing SMEs through proper management of critical talent and human resources.

scholarly journals Bridging the gap between geographic concept and the data we have: The case of labor markets in the USA

2020 ◽  
Vol 52 (7) ◽  
pp. 1395-1414
Author(s):  
Christopher S Fowler ◽  
Leif Jensen
Keyword(s):  
Labor Market ◽  
Labor Markets ◽  
Research Question ◽  
High Quality ◽  
Regional Bias ◽  
Regional Variations ◽  
Research Outcomes ◽  
The Usa ◽  
Over Time

A broad literature has made it clear that geographic units must be selected with care or they are likely to introduce error and uncertainty into results. Nevertheless, researchers often use data “off the shelf” with the implicit assumptions that their observations are consistent with the geographical concept relevant for their research question, and that they are of uniformly high quality in capturing this geographic identity. In this paper, we consider the geographical concept of “labor market” and offer a template for both clarifying its meaning for research and testing the suitability of extant labor-market delineations. We establish a set of metrics for comparing the quality of existing labor-market delineations with respect to the diverse meanings that researchers apply to the concept. Using the fit metrics established here, researchers can explore how delineations vary geographically, how they vary over time, and how this variation may shape research outcomes. Our assessment is that the quality of the extant delineations is relatively high overall. However, we find that different delineations vary significantly in the types of labor markets they represent, and that regional variations in fit within any given delineation may introduce noise or regional bias that merits consideration in any analysis conducted with these units. More broadly, the kinds of metrics we propose here have applicability for many other geographic entities where boundaries and scale can be only imperfectly defined.

scholarly journals The Flow Approach to Labor Markets: New Data Sources and Micro–Macro Links

2006 ◽  
Vol 20 (3) ◽  
pp. 3-26 ◽  
Author(s):  
Steven J Davis ◽  
R. Jason Faberman ◽  
John Haltiwanger
Keyword(s):  
Labor Markets ◽  
Dominant Role ◽  
Data Sources ◽  
Job Destruction ◽  
Cross Sectional ◽  
Worker Flows ◽  
Highly Nonlinear ◽  
Micro Level ◽  
Bureau Of Labor Statistics ◽  
Job Finding

New data sources and products developed by the Bureau of Labor Statistics and the Bureau of the Census highlight the fluid character of U.S. labor markets. Private sector job creation and destruction rates average nearly 8 percent of employment per quarter. Worker flows in the form of hires and separations are more than twice as large. The data also underscores the lumpy nature of micro-level employment adjustments. More than two-thirds of job destruction occurs at establishments that shrink by more than 10 percent within the quarter, and more than one-fifth occurs at those that shut down. Our study also uncovers highly nonlinear relationships of worker flows to employment growth and job flows at the micro level. These micro relations interact with movements over time in the cross-sectional density of establishment growth rates to produce recurring cyclical patterns in aggregate labor market flows. Cyclical movements in the layoffs-separations ratio, for example, and the propensity of separated workers to become unemployed reflect distinct micro relations for quits and layoffs. A dominant role for the job-finding rate in accounting for unemployment movements in mild downturns and a bigger role for the job-loss rate in severe downturns reflect distinct micro relations for hires and layoffs.

Pay across EU Regions: Contributory Effects of Labor Markets and Regional Heterogeneity

2001 ◽  
Author(s):  
Don J. Webber
Keyword(s):  
Labor Markets ◽  
Cross Section ◽  
Contributory Factor ◽  
Unemployment Benefits ◽  
The European Union ◽  
Regional Heterogeneity ◽  
Eu Regions ◽  
Employment Rates ◽  
Pooled Time Series ◽  
Over Time

This paper presents an investigation into the effects of regional labour market characteristics on the evolution of average pay across regions of the European Union. Using pooled time-series-cross-section regression analysis and data that corresponds to thirty-two regions between 1986-1994, regionally adjusted unemployment benefits and employment rates are identified as being statistically significant determinants of relative average regional pay over time. Unobservable regional heterogeneity is also identified as being an important contributory factor behind this evolution.

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