THE CHANGING WORKFORCE AND ITS IMPLICATIONS TO PRODUCTIVITY: A LITERATURE REVIEW

Abstract

The changing workforce may to some extent be a boon or bane to the business. Although it may not be absolute to conclude that the current changes in the workforce with regards to attitude, skills, interest and above all how the workforce deal with their fellow employees, managers, and supervisors are entirely beyond control for management to intervene and make it somehow less impairing to the firm. These changes once properly managed and exploited can be beneficial for the firm in terms of higher productivity or even efficiency in the use of resources. But the big question now is how companies may deal productively with these changes in the workforce without undermining or contravening workers’ cultural/behavioural orientation that may lead to resignation or decline in performance. Therefore, due to the foregoing scenarios in workers’ cultural and behavioural conditions today, this study is thus envisioned to explore possibilities and come up with appropriate strategies that may be recommended on human resource policies and strategies that may be beneficial for the firm.