Human Resource Management in a Business Context
3rd edition

by Alan Price

Human Resource Management in a Business Context provides an international focus on the theory and practice of people management. A thorough and comprehensive overview of all the key aspects of HRM, including case studies, articles from HRM Guide and other sources, key concepts, review questions and problems for discussion and analysis.
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HRM Guide Sections

HRM Guide Australia

HRM Guide Canada

HRM Guide NZ

HRM Guide UK

HRM Guide USA

Introduction Overview of HRM Guide

HRM Guide Updates Latest updates on the HRM Guide websites

Jobs and Careers Advice, job postings and leads

HRM Topics Hundreds of pages of information, updates and links to articles

HR Directory Links to HR service providers

HR News Releases Announcements, news, reports

  European Initiatives

The European Union has created a new dimension for people management. It has undertaken a number of initiatives which are aimed at improving economic conditions in less privileged regions.

  Investigate the European Commission: main information site for the European Union

  Human capital

Personal and national success are increasingly correlated with the possession of skills. Skilled individuals can command a premium salary in periods of high economic activity. Worldwide, unemployment levels remain high, while organizations have difficulty filling vacancies which require specific expertise. A shortage of skilled people can act as a limiting factor on individual organizations and the economy as a whole. It is in the interest of any country to maximise its human resources by investing in the skills of its workforce, its human capital.

The concept encompasses investment in the skills of the labour force, including education and vocational training to develop specific skills. Human capital is one component of a country's overall competitiveness. The most successful developing countries, for example, Singapore and Malaysia, are investing heavily in the education and technical skills of their population.

 Read this article on HRMGuide.com: Global IT Skills

 See this article on the HRMGuide.co.uk site: Wales Action on Skills progress report

 Read this article on HRM Guide Canada: Knowledge management gives Canadian businesses a competitive edge

 See also this article from Stanford: Personnel Economics

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