Organizations and companies are at very different position as compared to 20 years ago. This has many implications for the workforce, they have to rebuild the nature of jobs to become more task oriented. In the past, companies had offered security of employment, promotions for loyalty, commitment, etc. But, in the modern companies, there is an exchange of high pays, rewards for long hour jobs.
Employees are looking for the people who can produce more. Factors like technological changes help the companies in searching and selecting their employees in the future.
Some important issues that companies need to consider are:
1. Recruitment: As candidates enter the market, the companies have to shift away from attraction to the socialisation stage in their processes. Where this fit is achieved, people commit high level of satisfaction and performance.
2. Selection: The prospective employees are in focus to shift, for development purpose that will enable the company to know their candidates.
3. Assessment: These shifts include learning ability, innovation and creativity, and emotional intelligence. Company have to pay careful attention to maintain a fine balance between standards of fairness of the employees.