Contemporary Human Resource Management: Evolution, Trends, and Factors of Influence

This chapter explores the evolving landscape of HRM, focusing on recruitment and selection, performance management, training and development, and compensation and benefits practices. It also provides an overview of the key macro trends and factors shaping contemporary HRM, including economic and geopolitical trends, labor market projections, and technological advancements. The chapter also discusses the role of (innovative) organizations in influencing HRM practices and highlights the importance of accommodating individual preferences in the workplace. By analyzing these trends and influences, the chapter underscores the need for HRM to strategically navigate and respond to dynamic environmental and technological changes.