Fundamentals of Human Resource Management, 5/e

Employee Engagement Guide for Managers

Learning Objective 3

• Explain why career development can improve employee engagement.

Career Management

The globalization of the world economy has been a boon in many ways. For products and services ranging from cars to computers to air travel, it powered lower prices, better quality, and, in many countries, higher productivity and living standards. However, these advances haven’t come without a price. The same cost-efficiencies, belt-tightening, and productivity improvements that globalization produced also triggered workforce dislocations in many places. The desire for efficiencies drove firms to downsize, and to “do more with less.” It prompted thousands of mergers, many of which aim specifically ...