The market for human resources professionals has grown by more than a third in the past decade, according to a new report from the University of Cambridge.
The rise in the number of jobs is partly due to more job vacancies, as the supply of people willing to work for companies in the sector grows and firms respond by recruiting more workers.
But a new study has found that while the number one cause of job loss is human capital, it also has an impact on the overall cost of the industry.
“The role of human capital is important in the labour market because people with good knowledge of how to negotiate work, and their ability to communicate with others, will have a much better chance of finding jobs,” said Dr Nick Williams, a professor in the Faculty of Business at the University.
“[This] leads to a reduction in the overall number of workers employed in the industry and consequently in the cost of employing them.
It also reduces the number and quality of the jobs offered, which reduces their attractiveness to employers.
The study also found that people in the human resources profession have less bargaining power than their counterparts in other sectors.
These differences can also have a significant impact on pay.
Dr Williams said that the rise in human resources roles is “particularly worrying” as a result of the Brexit vote and the rise of populism.
He said it is a concern because human resources positions are becoming increasingly expensive and this can have a negative impact on workers’ incomes.
His research was conducted in the United Kingdom, Australia and New Zealand, which are all major sources of human resources in the UK, and he said he hoped the findings would help inform policy making.
Human resources is a key area for the UK government.
This is why I think it’s so important that we get the right policies in place for this industry and also get our labour markets in order so that we can get back to being a more efficient economy.
[I think] we need to have a lot more clarity around what’s happening in the supply side of the economy, and I think we have a problem with the current position of the government.
[And] the government has not taken this issue very seriously.
Professor Nick Williams has been researching human resources for many years and has worked with the UK Government on a range of policy issues, including how the UK negotiates employment contracts.
The survey looked at what people in human services said were the three most common reasons why they lost their jobs: A lack of motivation to get back into the job market A change in management, including a change in leadership or a change to the business model A change of management or a shift in the nature of the role.
Source: The Conversation