Theme of the lecture №6. Labor resource of the enterprise

1. Manpower and Employment

2. Company personnel, selection and sources

3. Planning for plant personnel

4. Labor rate

5. Productivity of labour

1.Manpower - this part of the population, which has the necessary physical development, knowledge and experience to work in the economy. In labor force includes all employed and potential employees, male 16-62 years old, women 16-57 years old, with the exception of disabled groups I and II, retired beneficiaries of many mothers, workers in some arts. General definition of manpower: Total supply of personnel available or engaged for a specific job or task. Economic definition of manpower: Total labour force of a nation, including both men and women. If there are more people than available jobs, it is called manpower surplus; if available people are fewer than jobs, it is called manpower deficit. Labor market is different from the commodity market because a labor force is a specific commodity.

A recent alternative classification is into obstructional, developmental and contractional unemployment.

2.Human resource management (HRM, or simply HR) is the management of an organization's workforce, or human resources. It is responsible for the attraction, selection, training, assessment, and rewarding of employees, while also overseeing organizational leadership and culture, and ensuring compliance with employment and labor laws. In circumstances where employees desire and are legally authorized to hold a collective bargaining agreement, HR will typically also serve as the company's primary liaison with the employees' representatives (usually a labor union).

3.Personnel planning is an important development in human resources management.   It has spread rapidly to nearly every size organization in almost every kind of business. The primary function of Personnel planning is to analyze and evaluate the human resources available in the organization, and to determine how to obtain the kinds of personnel needed to staff positions ranging from assembly line workers to chief executives.   Smaller companies put Personnel planning in the human resource or personnel department.   Some of the largest corporations have established separate departments for this function. Personnel planning aims to reduce waste in employing people, lessen uncertainty about current Personnel levels and future needs, and eliminate mistakes in staffing.

4.Normally, the labor force of a country (or other geographic entity) consists of everyone of working age (typically above a certain age (around 14 to 16) and below retirement (around 65) who are participating workers, that is people actively employed or seeking employment. People not counted include students, retired people, stay-at-home parents, people in prisons or similar institutions, people employed in jobs or professions with unreported income, as well as discouraged workers who cannot find work. The labor force participation rate can decrease when the rate of growth of the population outweighs that of the employed and unemployed together. The labor force participation rate is a key component in long-term economic growth, almost as important as productivity.

5.Workforce productivity is the amount of goods and services that a worker produces in a given amount of time. It is one of several types of productivity that economists measure. Workforce productivity can be measured for a firm, a process, an industry, or a country. It is often referred to as labor productivity because it was originally studied only with respect to the work of laborers as opposed to managers or professionals. The OECD defines it as "the ratio of a volume measure of output to a volume measure of input". Volume measures of output are normally gross domestic product (GDP) or gross value added (GVA), expressed at constant prices i.e. adjusted for inflation. The three most commonly used measures of input are:

1. hours worked;

2. workforce jobs; and

3. number of people in employment.

Basic literature: 1,2,3,4,5,6,7,8,9.

Additional literature: 10,11,12,13,14,15,16.

Periodicals: 17-60

Internet sources and the optional list of electronic sources: 1-6