Magazine article Management Today

MT Learning Curve: Recruitment

Magazine article Management Today

MT Learning Curve: Recruitment

Article excerpt

What is it? The biggest cost incurred by any business is the payroll. So hiring anyone is a serious decision, especially in a flat economy. One of the mysteries of the UK's performance on jobs over the past few years is that private sector job creation has been pretty good Businesses have been hiring as well as firing. And yet productivity, and growth, have remained weak. So who exactly has been hired, how good are they, and how much work have they been doing? Economists don't seem to know. And businesses still say that they can't find enough good people.

Where did it come from? Until relatively recently employees had fairly low expectations of what a job might offer them. 'Hired hands' were just that. Bosses weren't too bothered about what else people had to offer. Henry Ford observed that with every pair of hands you got a free brain. But over the 20th century, recruitment became more sophisticated. And yet, even today, 'zero-hours contracts' - similar to the sort of dock labour schemes portrayed in the film On the Waterfront, where you just turn up and hope for work - are growing. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.