Prepare HR Business Proposal for The Levy Company Please see attached requirements

Prepare HR Business Proposal for The Levy Company Please see attached requirements
Running head: THE LEVY COMPANY HUMAN RESOURCES THREATS 0 The Levy Company Human Resources Threats Student Name Institution Affiliation Date Due The Levy Company Human Resources Threats Background The Levy Company was established in 2000 as a telecommunication and infrastructure contractor. The primary line of business included supporting telecommunication providers through expanding DSL coverage in their market. In around 2001, the firm further expanded its activities by venturing in highway signage, lighting, traffic signal, and traffic management construction and maintenance. The company started with four employees but now it has over 140 employees’ owners with San Antonio, Austin, and Rio Grande Valley areas working throughout south and central Texas. Levy faces three human resource threats such as stricter employment laws, stereotyping negative views of human resources, and high wages. PEST Analysis PEST analysis is one of the environmental study tools that focuses on important factors of the external environment that impact on present and future of the organization (Qasemi, 2009). It stands for political, economic, social-cultural, and technological. Political factor on human resources Political factors have a huge impact on the human resources department functions. Political decision made by current government may influence economic policies and more specifically came up with economic policies that directly hurt human resources function. The government may come up with stricter policies that prohibit offering work permits for expatriates (Bates, 2018). More conditions may be attached for those planning to hire expatriates by being required to prove that the expatriates they want to hire have a skill not available locally. These were some of the policies set out by the Trump administration that made it more difficult for U.S based employers to fill job openings according to talent and immigration experts. The U.S government had set up more barriers that had increased more scrutiny for visa applications, resulting in delays and higher cost of hiring foreign workers. Immigration policies had created a shortage of talent pool. Most U.S citizens have progressed to senior or advisory roles and some are hesitant to re-engage in lower-level work (Bates, 2018). More priority for visa application is based on education, skill, and ability to speak English. The negative view of the human resources includes such as reprimand of the employees for not following published guidelines and get in the way of employee activities. The government may come up with policies that try to regulate working conditions. The employees may not welcome the laws and may perceive those laws as human resources doing to reprimand them. Not all employees are willing to obey company policies and procedures without thinking that human resources have a hand on its implementation. Government policies may influence wage pay by increasing minimum wage, interfering with the immigrant labor pool leading to a shortage of workers that are willing to work in the lower-level work. These immigration policies may lead to wage rise. For companies to benefit from the available expertise and skill then they need to pay more to attract those local talents ready to work in the lower-level work. Economic factors The economic performance of the country in a particular period influences the performance of the company short-term and long term. Inflation affects the purchasing power of the population which further affects the financial performance of the organization. The economic growth rate may create job opportunities that demand skilled workforces from the local workforce pool and expertise from other countries (Chitescu, & Lixandru, 2016). The government may impose stricter employment laws such as minimum wage, workplace safety, anti-discrimination, and immigration laws that increase the cost of hiring and maintaining such a workforce. Economic factors may affect the levy Company’s financial performance hence creating demand for a higher wage in meeting the rising market cost of goods. Negative perception of human resources may increases as workers complain about salary cuts and the reluctance of the human resources to update salary, bonuses to meet the inflating cost of housing, and household goods. Social factor Social factors affect the industry and the community socially. Levy company human resources should focus on how to manage diversity for the betterment of the company and protection of the rights of the individuals. The more the workforce became more diverse comprising of the worker from different age groups, cultures, and nationalities the more the company is exposed to stricter employment regulation. The company has more than 50 employees therefore it is required to meet all employment regulations on discrimination laws. Stereotypical negative views of human resources may arise from employees from different culture and age group that perceive human resources as heartless, incompetent, and inflexible in their decision. For example, a workforce with a majority of men may expect men to dominate in all top jobs but when women are promoted then they may perceive that as favor. Employees that have stayed in the company for a longer period with reputable skill and experience will start to demand a higher wage. The younger workforce will less work experience but with similar skills will demand similar treatment and that might result in ballooning wage. Technology Technological development has a huge impact on Levy Company as it influences the number of employees required and skills needed. The levy company is a Technology Company that supports telecommunication providers. Technology infrastructure support organization technological and physical asset hence promoting workflow efficiency, and seamless process. However, technology affects culture and exposes the company to security threats. Stricter employment laws and technology laws that promote data safety may affect the organization. The decision of the human resource to layoff staffs that lack necessary skill may create discomfort between staffs and the human resource department. An employee with advanced technological skills may demand higher pay by threatening to leave the company if they are not remunerated based on their skill and that may result to huge wage those employees are compensated based on their skills. References Bates, S.(2018, July 16). Experts: U.S. Immigration Policies Are Making It Harder to Fill Job Openings.SHRM: Retrieved from https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/us-immigration-policies-fill-job-openings.aspx Chitescu, R. I., & Lixandru, M. (2016). The influence of the social, political, and economic impact on human resources, as a determinant factor of sustainable development. Procedia Economics and Finance, 39, 820-826. Qasemi, H. R. (2009). PEST Analysis in strategic Human Resources Planning. Retrieved from http://www.iefpedia.com/english/wp-content/uploads/2009/11/PEST-Analysis-in-strategic-Human-Resources-Planning.pdf The Levy Company. About us: Retrieve from https://levycompany.com/about-us/
Prepare HR Business Proposal for The Levy Company Please see attached requirements
Swot Analysis: Opportunities Name College MSHR 655: Capstone Professor Carol Bartholet February 17, 2021 Swot Analysis: Opportunities As that are many opportunities for The Levy Company, the top three Human Resources (HR) opportunities are workforce growth, new technology, and higher wages. Although these opportunities can help The Levy Company HR there are factors that can impede their progress. Workforce Growth “One of the most significant external factors for HR is the opportunity for workforce growth due to increased demand for the company’s products and services” (Mayhew, 2019, para. 1). Increase business leads to better raises or higher wages for current employees and growth in the neighboring community through the hiring of more workers. In construction, opportunities may also present themselves as the company’s ability to land a highly successful job whose business development activities improve its reputation or industry ranking. Political factors that can affect the workforce growth infrastructure regulations and funding which prohibit new jobs. The economic factor that impedes on workforce growth is the unemployment rate. Workers who are suddenly out of a job, have less money to spend, which reduces revenue for companies. Reduced revenue causes businesses to cut employees to reduce costs. And the cycle goes downward, causing devastation on the way (Western Governors University, 2019, para. 3). The social factor that can hinder workforce growth is failure to understand the variety of demographics in our workplace. With new technology for on-boarding and instant messaging services, it’s possible to hire candidates from anywhere in the world. The Levy Company will likely have a variety of workers from all over Texas. Because these individuals come from all over, they may have different expectations in payment structure, training, and communication. The Levy Company’s HR needs to make sure they can new and current employees have proper access to information, training, compensation, benefits, and more. New Technology With the developing technology HR functions have increasingly adopted platforms that include both employee self-service (ESS) and manager self-service (MSS) tools to make HR information more accessible (Zielinski, 2019). Although, new technology make thing easier for Human Resource Departments (HRD) and employees it can also be challenging. These challenges can come in the forms of PESTEL analysis. The factors that affect new HR technology are legal, and technological. The legal factors that can affect new technology in HR are if state and federal laws. For example, Driver’s Privacy Protection Act of 1994, which regulates third-party access to individual driving record information, can cause problems for The Levy Company due us requiring current driving record for all employees. The technological factors that affect new technology are internet and communication infrastructure, life cycle of technology, and Technological awareness. Emerging and Growing markets In Texas, where Levy Company is located, various markets are developing, and they need an electrical construction company that will help them in various installations. Since there is a development of various markets within the area, Levy Company will get various tenders of making constructions in the developing market. The development of markets is an opportunity for the company to expand its services. Emerging markets can be an opportunity of marketing the constructions from the company since people of the state can access the market and see the services the company is providing. Emerging and growing markets can be an opportunity for the state to make much profit. The factors that can affect use expanding is political infrastructure funding and regulations and the economic stability of the new location (i.e., unemployment). References Mayhew, R. (2019, August 8). Human Resource SWOT Analysis. Your Business. https://yourbusiness.azcentral.com/human-resource-swot-analysis-1288.html. Western Governors University. (2019, May 28). Effects of Low Unemployment Rates on Businesses. Western Governors University. https://www.wgu.edu/blog/effects-low-unemployment-rates-businesses1905.html#:~:text=The%20unemployment%20rate%20in%20the,actively%20looking%20for%20a%20job.&text=Workers%20who%20are%20suddenly%20out,cut%20employees%20to%20reduce%20costs. Zielinski, D. (2019, August 16). Self-Service Technology Brings Benefits and Concerns. SHRM. https://www.shrm.org/resourcesandtools/hr-topics/technology/pages/self-service-technology-brings-benefits-and-concerns.aspx.