Human Resource Management issues associated with US
Implementing Affordable health Care Act (ACA): Recent changes in
ACA by US government and implementing the same in work place have become area of concern for HR executives. Survey conducted by ADP research institute reveals that 7 out 10 decision makers believe that employees health care cost will become a major deterrent is accomplishing business goals1. Keeping them abreast of policy changes and finding a way to reduce health cost are some of the major issues that the US HR executives are grappling with. Multi-Generation Management: US has diverse set of working population comprising freshly graduated youngsters, middle aged employees and Septuagenarians. Each generation has its own traits, which when utilized properly, helps the organization to achieve its objectives. Old generation has traditionalist view of accomplishing tasks i.e., by using expertise from their experience while younger generations use their creativity to solve issues. While it is preferable to blend experience with creativity in approaching problems, differences between older and younger generations pop up in their communication style (Gen ys informal communication-text messages v/s gen xs formal communication), Risk taking behavior and cultural expectations. Employee retention: With raising job openings in USA, even the professionals who are comfortable with their job profile are stimulated to look for better job. Moreover, with growing opportunities, youngsters use employment as a platform to gain expertise to start their own business. Labor Departments Job Openings and Labor Turnover Survey conducted in US found that voluntary resignation has outpaced layoffs in 2015.2 Hence, Human resource department in US companies is finding it seemingly difficult to retain talents. Unique expatriation problem in USA3: Study conducted by Sean D.Truman & his colleagues identified three unique issues associated with US expatriation. As a part of the study, a survey was conducted with 455 US expats to compare the mental status of them with US inhabitants. Due to relocation, cultural shift, expats face the following problems 1 http://www.adp.com/tools-and-resources/adp-research-institute/insights/insightitem-detail.aspx?id=21CE05AE-D54A-442D-B6A8-1EC73A248061 2 http://www.entrepreneur.com/article/243831 3 http://www.globalbusinessnews.net/story.asp?sid=1574
Internalizing - Keeping the problems to oneself is called internalizing
problem. Study showed that depression and anxiety are two key factors for US expats experiencing emotional stress. Externalizing - Negative behavior towards others is called as externalizing problems. Study reinforces the view that expats are emotionally disturbed. Substance abuse - Expats have much higher risk of using substance (Drugs, alcohol) compared to their US counterparts. High level of stress and expectations are cited as the reason for drug usage.