Impact of Global Competition on HR Work Hours: Insights from 474 Professionals
This report analyzes data from a survey of 474 HR professionals regarding adjustments to work hours due to increased global competition. Conducted from January 31 to February 6, 2006, with a response rate of 18%, it reveals various organizational responses, including extended hours, flexible schedules, and departmental adjustments. The findings underscore the need for businesses to adapt to competitive pressures while ensuring employee satisfaction and operational efficiency. Margins of error are +/- 4.0%. The implications for HR practices and business strategies are discussed.
Impact of Global Competition on HR Work Hours: Insights from 474 Professionals
E N D
Presentation Transcript
Global Competition • Sample comprised of 474 randomly selected HR professionals. • Analyzing 474 of 2988 emails sent, 2716 emails were received (response rate = 18%). • Survey fielded January 31 – February 6, 2006; presentation generated on February 10, 2006. • Margin of error is +/- 4.0%.
Due to increased global competition, has your organization extended its work hours in the past year?
Due to increased global competition, has your organization extended its work hours in the past year?
Other • 9/80 schedule • Both above • Both increased productivity and business operations in other time zones • Due to regional competition, not global • By practice, but not officially • Downsizing • Due to centralization of work at our location • Due to employee satisfaction • Due to increase of customers • Internal business processes • One week less shutdown period • Our organization as a whole has not but certain departments have (IT and receptionist coverage have both extended coverage) • To be competitive in our markets • To keep up with competitors • To meet customer needs for appointment times • To provide more convenient service • We are already a 24 hour per day, 365 days per year operation • We have flex time, teleworkers and mobile access which allows people flexibility. Extra hours are not necessarily the result just smart business.