IDEAS home Printed from https://ideas.repec.org/a/sek/jijoss/v7y2018i1p95-111.html
   My bibliography  Save this article

A new generation on the labour market and challenges faced by current human resource management practice

Author

Listed:
  • Jana Marie Safrankova

    (College of Regional Development and Banking Institute- AMBIS a.s.)

  • Martin Sikyr

    (Czech Technical University in Prague, Masaryk Institute of Advanced Studies)

Abstract

The goal of the paper is to define challenges of current human resource management practice in terms of dealing with the potential shortage of qualified and motivated people on the Czech labour market and in connection with the emergence of a new generation of economically active people from among university students and graduates. Achieving the goal of the paper is based on both the analysis of available scientific literature, academic journals, and statistical data focused on human resources, labour market and higher education as well as the results of the authors' questionnaire survey focused on students of selected Czech universities and their motivation to study at university and their expectations about the future career. The questionnaire survey was conducted by authors from September 2016 to March 2017. The respondents were full-time and combined bachelor's and master's students. The relevant data were obtained from 994 students. The data analysis was based on the calculation of relative frequencies (as a share from the total number of respondents) and the evaluation of the dependence of responses on age (students aged 29 or less and students aged 30 or more) using contingency tables and chi-square tests of independence. The results support the suggestion that from the perspective of potential shortage of qualified and motivated people on the Czech labour market employers should apply a positive approach to the employment of young people and apply proven strategies, policies and practices in talent, performance, knowledge, and diversity management to create appropriate and attractive employment opportunities for young people.

Suggested Citation

  • Jana Marie Safrankova & Martin Sikyr, 2018. "A new generation on the labour market and challenges faced by current human resource management practice," International Journal of Social Sciences, International Institute of Social and Economic Sciences, vol. 7(1), pages 95-111, March.
    • Handle: RePEc:sek:jijoss:v:7:y:2018:i:1:p:95-111
    as

    Download full text from publisher

    File URL: https://iises.net/international-journal-of-social-sciences/publication-detail-1644
    Download Restriction: no
    File URL: https://iises.net/international-journal-of-social-sciences/publication-detail-1644?download=6
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tomasz Ingram, 2016. "Relationships between Talent Management and Organizational Performance: The Role of Climate for Creativity," Entrepreneurial Business and Economics Review, Centre for Strategic and International Entrepreneurship at the Cracow University of Economics., vol. 4(3), pages 195-205.
    2. Stewart, Jeanine S. & Oliver, Elizabeth Goad & Cravens, Karen S. & Oishi, Shigehiro, 2017. "Managing millennials: Embracing generational differences," Business Horizons, Elsevier, vol. 60(1), pages 45-54.
    3. Simon Marginson, 2016. "High Participation Systems of Higher Education," The Journal of Higher Education, Taylor & Francis Journals, vol. 87(2), pages 243-271, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:sek:jijoss:v:7:y:2018:i:1:p:94-110 is not listed on IDEAS
    2. Gabrielova, Karina & Buchko, Aaron A., 2021. "Here comes Generation Z: Millennials as managers," Business Horizons, Elsevier, vol. 64(4), pages 489-499.
    3. Silke L. Schneider, 2022. "The classification of education in surveys: a generalized framework for ex-post harmonization," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(3), pages 1829-1866, June.
    4. Marie-Agnès Détourbe & Gaële Goastellec, 2018. "Revisiting the Issues of Access to Higher Education and Social Stratification through the Case of Refugees: A Comparative Study of Spaces of Opportunity for Refugee Students in Germany and England," Social Sciences, MDPI, vol. 7(10), pages 1-20, October.
    5. Green, Francis & Henseke, Golo, 2021. "Europe's evolving graduate labour markets: supply, demand, underemployment and pay," Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 55, pages 1-2.
    6. Duryea, Suzanne & Ribas, Rafael P. & Sampaio, Breno & Sampaio, Gustavo R. & Trevisan, Giuseppe, 2023. "Who benefits from tuition-free, top-quality universities? Evidence from Brazil," Economics of Education Review, Elsevier, vol. 95(C).
    7. Facchini, Marta & Triventi, Moris & Vergolini, Loris, 2019. "Do Grants Improve the Outcomes of University Students in a Context with High Dropout Rates? Evidence from a Matching Approach," SocArXiv k3gwv, Center for Open Science.
    8. Inmaculada Buendía-Martínez & Carolina Hidalgo-López & Eric Brat, 2020. "Are Cooperatives an Employment Option? A Job Preference Study of Millennial University Students," Sustainability, MDPI, vol. 12(17), pages 1-32, September.
    9. Wang, Dong & Wang, Ziwei & Zong, Xiaohua, 2023. "Impact of economic policy uncertainty on higher education expansion," Finance Research Letters, Elsevier, vol. 52(C).
    10. Jacob, W. James & Mok, Ka Ho & Cheng, Sheng Yao & Xiong, Weiyan, 2018. "Changes in Chinese higher education: Financial trends in China, Hong Kong and Taiwan," International Journal of Educational Development, Elsevier, vol. 58(C), pages 64-85.
    11. Pierre Canisius Kamanzi & Gaële Goastellec & Laurence Pelletier, 2021. "Mass University and Social Inclusion: The Paradoxical Effect of Public Policies," Social Inclusion, Cogitatio Press, vol. 9(3), pages 32-43.
    12. Carlo Perrotta, 2018. "Digital Learning in the UK: Sociological Reflections on an Unequal Marketplace," Social Sciences, MDPI, vol. 7(10), pages 1-12, September.
    13. Weihui Mei & Lorraine Pe Symaco, 2021. "Higher Education for Development: The Role of University Towns in China," SAGE Open, , vol. 11(3), pages 21582440211, September.
    14. Koirala, Niraj P. & Koirala, Dhiroj Prasad & Nyiwul, Linus & Hu, Zhining, 2024. "Economic uncertainty, households’ credit situations, and higher education," Journal of Macroeconomics, Elsevier, vol. 80(C).
    15. Elizabeth Knight, 2019. "Massification, Marketisation and Loss of Differentiation in Pre-Entry Marketing Materials in UK Higher Education," Social Sciences, MDPI, vol. 8(11), pages 1-17, October.
    16. De Donder, Philippe & Martinez-Mora, Francisco, 2017. "The political economy of higher education admission standards and participation gap," Journal of Public Economics, Elsevier, vol. 154(C), pages 1-9.
    17. Teodora Raluca Odett BREAZ & Mohammad JARADAT, 2023. "Strategic Management In Higher Education Navigating The Globalized Landscape," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(1), pages 257-269, November.
    18. Janetta Nestorová Dická & Filip Lipták, 2024. "Regional fertility predictors based on socioeconomic determinants in Slovakia," Journal of Population Research, Springer, vol. 41(3), pages 1-43, September.
    19. Wayu Eko Yudiatmaja & Roy Valiant Salomo & Eko Prasojo, 2023. "Fostering Innovative Behavior of Millennial Public Employee Through Leadership Styles and Organizational Trust," SAGE Open, , vol. 13(2), pages 21582440231, June.
    20. Igor Tkalec, 2023. "Millennials and Early Retirement: An Exploratory Study," Merits, MDPI, vol. 3(2), pages 1-15, March.
    21. Hamilton, R.H. & Davison, H. Kristl, 2018. "The search for skills: Knowledge stars and innovation in the hiring process," Business Horizons, Elsevier, vol. 61(3), pages 409-419.

    More about this item

    Keywords

    human resources; human resource management; labour market; work force; employment; higher education; university students; Czech Republic;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:jijoss:v:7:y:2018:i:1:p:95-111. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://ijoss.iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.