Compensation for a Global Workforce

2014 ◽  
pp. 336-372
Keyword(s):  
2019 ◽  
Vol 118 (4) ◽  
pp. 68-71
Author(s):  
Mohanakumari. D ◽  
R. Magesh

The main intention of the Paper is identifying the competencies possessed by the faculty in engineering college and adequate skills of all the disciplines required and that plays a vital role in educational institutions.In this era, engineering education in India faces major challenges as it requires meeting the demands of technical profession and emerging job market. Researchers have created some universally desired, yet challenging skills for global workforce. Nowadays, technology changes rapidly, so we have to update our self-according to the changing world, i.e., infrastructure, content/domain knowledge, educators/HR trainers. Thus, our technical faculty members should necessary to learn the innovative approaches to teaching and learning, which in turn will require effective professional development for both new and experienced instructors alike. It is right time now to redesign our curriculam, pedagogy and make the pre-service teacher preparation programme mandatory part of technical higher education.


Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein

New technologies like artificial intelligence, robotics, machine intelligence, and the Internet of Things are seeing repetitive tasks move away from humans to machines. Humans cannot become machines, but machines can become more human-like. The traditional model of educating workers for the workforce is fast becoming irrelevant. There is a massive need for the retooling of human workers. Humans need to be trained to remain focused in a society which is constantly getting bombarded with information. The two basic elements of physical and mental capacity are slowly being taken over by machines and artificial intelligence. This changes the fundamental role of the global workforce.


Author(s):  
Erin K. Chiou ◽  
Eric Holder ◽  
Igor Dolgov ◽  
Kaleb McDowell ◽  
Lance Menthe ◽  
...  

Global investments in artificial intelligence (AI) and robotics are on the rise, with the results to impact global economies, security, safety, and human well-being. The most heralded advances in this space are more often about the technologies that are capable of disrupting business-as-usual than they are about innovation that advances or supports a global workforce. The Future of Work at the Human-Technology Frontier is one of NSF’s 10 Big Ideas for research advancement. This panel discussion focuses on the barriers and opportunities for a future of human and AI/robot teaming, with people at the center of complex systems that provide social, ethical, and economic value.


2021 ◽  
Author(s):  
Mohamed Mahmoud ◽  
Anna TOKAR ◽  
Melissa ARRIAS ◽  
Christos MYLONAS ◽  
Heini UTUNEN ◽  
...  

UNSTRUCTURED As part of its transformation process to meet the health challenges of the 21st century by creating a motivated and fit-for-purpose global workforce, the World Health Organization (WHO) is developing the first-ever global Learning Strategy for health personnel around the world. Focus group discussions (FGDs) were organized as part of in-depth qualitative research on staff views, visions, and suggestions. Due to the pandemic, a flexible, multi-linguistic, participatory, iterative methodology for digitization of face-to-face FDGs to engage a globally dispersed workforce was implemented.


Author(s):  
Carole Ann Creque ◽  
Doreen J. Gooden

This paper proposes that cultural intelligence and global business competencies are vital to organizations as they seek to achieve success in the global marketplace. Adler (2001) suggests that because of the diversity of the global workforce cultural barriers may exist resulting in misunderstanding and thus inefficient interactions. Organizations will, therefore, have to understand the cultural foundation of the environment within which they operate in order to achieve organizational success.


2017 ◽  
Vol 1 (1) ◽  
pp. 24-30
Author(s):  
Nisa S

The need for gender diversity in the board rooms is getting accepted at corporate levels both national and international. Any change which is brought about voluntarily is more effective and long lasting. Gender representation on corporate boards of directors refers to the proportion of men and women who occupy board member positions. Studies have shown that even though there is no real dearth of talent pool, India, comparatively, has significantly a very low percentage of women representation on boards. No one doubts the importance of diversity in boardrooms, especially in improving corporate governance. With the changing demographics of the global workforce and the fact that women will control 75% of discretionary spending by 2028, globally companies cannot underestimate the importance of improving the gender balance on their boards. Women are increasingly becoming a major driver of the economy, both as contributors and as customers; it is appropriate that they be a part of the team leading companies. Past researches have shown that boards with more women members act as a motivator to other women employees within the organization. Continuing reliance on existing directors is likely to dilute the quality of board members. Broadening the talent pool by including women directors will help boards get skilled and competent members with a diversity of perspectives and leadership styles who can significantly contribute to board performance. The following study was conducted to assess the presence of women on board in BSE 30 listed companies from 2010 to 2014.


Author(s):  
Susan Baxter

Economies of global scope afford businesses a competitive advantage. One way to utilize this advantage is to coordinate the leveraging of resources especially labor. Businesses have attempted to minimize labor costs and risks in an effort to maintain or increase competitive advantage. There is a risk to the global workforce: HIV/AIDS. This disease is striking at the heart of low cost labor pools. The impact on business is being felt now and will be felt for years to come. How large the impact is depends on the level of involvement of multinational businesses in the fight against HIV/AIDS. Multinational businesses must develop policies and procedures to combat this illness, as it is devastating labor pools in various parts of the world.


2018 ◽  
Vol 10 (4) ◽  
pp. 5-38
Author(s):  
Sylwia Przytuła

Abstract Objective: The theoretical purpose of this article is to present social, technological, economic and cultural trends that determine the global labor market, new needs on the labor market and create new competences and professions. The goal of empirical research was to diagnose the most challenging trends for HR specialists and to identify key competencies on the global workforce market. Methodology: The paper, apart from desk-research and literature review, presents the results of exploratory pilot research. Purposive sampling was applied and the questionnaire was addressed to 44 managers and HR specialists (“key informants”, Myers, 2009) who are participants of postgraduate studies in HR Business Partner, Human Resource Management. The conducted research was idiographic, which means that its conclusions concern only the studied population. But resignation from a broad generalization of results does not necessarily reduce their cognitive value (Chełpa, 2003). Findings: The biggest challenges for HR were: retention of employees and building their loyalty, shortage of employees on the labor market, management of employees of different generations. It can be said that these challenges are inherent with global trends and problems faced by employers. Respondents pointed to the most desirable competences nowadays and in the near future: IT competencies, intercultural skills, creative and cognitive thinking, ability to work in virtual and multicultural teams. To the key personnel activities which in the next 5 years will gain in importance belonged: mobile working, hiring experts (freelancers), crowd working, portfolio work. Value Added: This theoretical-empirical study organizes the current results of foresight research on HR trends, in order to develop an aggregated list of the most desirable competencies on the global labor market. Knowledge about the missing, niche competencies of employees pointed out by employers will allow targeting education systems and equipping employees equipped with the most demanded skills and knowledge. Recommendations: The challenges of the global labor market presented in this article will contribute to disappearance of many previous professions, changes in the nature of work and the emergence of its new forms. In the coming years, many HRM practices will require the revision and implementation of new personnel solutions for recruitment, motivation and career path creation. A flexible career understood as a “portfolio of projects and experiences” of an employee will develop in any direction. Communication model in companies will also be transformed, as mobile devices will become an office, a training room and a personal assistant.


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