Informatics Publishing Limited

Prantika Ray ¹, Manjari Singh ¹

Affiliations
1 Human Resources Management Area, Indian Institute of Management, Ahmedabad 380015, IN

Abstract

This paper examines the transition in the workplace where the baby boomers retire and the new generation (also called Generation Y) enters the workforce. Since the Millennial generation is often labeled as the entitled generation, the paper discusses psychological entitlement and the implications of entitled employees. The paper then highlights the key expectations and behaviors of the Millennial generation and considered the changes in the same with the entitlement traits in the individuals. The authors further look at the three critical HR functions - recruitment and selection, performance management and rewards and recognition and explore the possible transformation in the processes to accommodate for the change in the workforce profile.

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Prantika Ray ¹, Sunil Maheshwari ¹

Affiliations
1 Human Resources Management Area, Indian Institute of Management, Ahmedabad-380015, IN

Abstract

The process of downsizing has often been considered as a onetime activity that is disconnected from the processes and the outcomes associated with the activity. Since the strategies, organizational, industrial and environmental characteristics play a crucial role in determining the success and/or failure of the downsizing process, a piece-meal approach to the research on downsizing is not enough. This paper thus presents a holistic view of the downsizing process where the dynamics that ensue during the downsizing are elucidated in a framework. This paper further discusses certain implications for practitioners and provides scope for future research for the researchers.

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