Human Resource Management - Internal Labour Markets
Date Submitted: 09/21/2000 11:47:15
Category: / Business & Economy / Management
Length: 5 pages (1470 words)
Category: / Business & Economy / Management
Length: 5 pages (1470 words)
Human Resource Management - Internal Labour Markets (ILMs)
Occur when firms adopt a policy of recruiting workers at a low-level, then advancing them through a sequence of jobs within the enterprise
Employee's entire career takes place within a single organisation - 'cradle-to-grave'
Typical employee relationship with the firm are characterised by:
1.<Tab/>Long-term attachments
·<Tab/>The longer a worker is happily employed, the greater …
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…middot;<Tab/>Problem is that workers come to identify with the way the firm operates as the only way the firm can operate
·<Tab/>So, organisational change is difficult to implement
·<Tab/>Such problems occur in all firms with strong cultures, but ILMs can strengthen implicit contracts that make it difficult to radically restructure processes and procedures
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