Contemporary Labor Market Trends and HR Evaluation

Running head: HR (5)
HR (5)
Name of the Student:
Name of the University:
Author Note:

1HR (5)
Executive Summary:
The report provides an overview of the labor market along with evaluation of Human Resource
(HR). The report however commences with a discussion on contemporary trends in the labor
market of UK and Saudi Arabia. There is also discussion on how the organizations strategically
position them in the competitive labor markets. The report also puts forward a discussion on the
tight and the loose labor market conditions. The report also undertakes an evaluation of the HR
approaches based on an article provided.

2HR (5)
Table of Contents
Introduction:....................................................................................................................................3
Assessment 1...................................................................................................................................3
1.1 Major Contemporary Labor Market Trends in Different Country............................................3
1.2 Positioning of Organizations in Competitive Labor Market.....................................................7
1.3 Significance of Tight and Loose Labor Market Conditions....................................................8
Assessment 2...................................................................................................................................8
Different Approaches of HR Evaluation:........................................................................................8
Article Analysis:..............................................................................................................................9
Linkage of HR Practice with Positive Organisational Outcomes....................................................9
Main Findings and its Persuasiveness...........................................................................................10
Conclusion:....................................................................................................................................10
References:....................................................................................................................................11

3HR (5)
Introduction:
The report aims at providing an insight into the contemporary labor market trends of two
different countries UK and Saudi Arabia, strategic positioning of an organization in the
competitive labor market and significance of tight and loose labor market. The report would also
discuss the different HR evaluation approaches and an analysis of an article that links Human
Resource (HR) practice with organizational outcome.
Assessment 1
1.1 Major Contemporary Labor Market Trends in Different Country
Labor Market Trend in UK
. The contemporary trends in the labor market include (Wilkinson 2013):
a. Impact of De-industrialization: This resulted in lesser number of full time jobs in
manufacturing, decline of the trade unions and the structural unemployment.
b. Increase of Service Sector: This made the union less influential, increase in the flexible
and the part time hours of working and the enhancement in the proportion of female labor force.
c. Implementation of National Minimum Wage: Its introduction in 1999 enabled one
million workers in receiving a National Minimum Wage (NMW) of around £7.20 with the
assurance that NMW will rise on a continuous basis (Reeves et al. 2017).