In the next 10 to 15 years the United States workplace will be shaped by demographic trends, new technology, and economic globalization (Karoly). These evolving trends will affect the size and compensation of the labor force in the workplace and the compensation structures provided by the employees.
Companies realize that slower workforce growth can make it difficult for employers to recruit, even during periods of economic growth. The strategies for staffing, despite their importance, do not seem to be an important consideration within the workplace. This is important to hire the best, and the brightest candidate. Though many companies have made some impressive strides towards change, others still have not stepped up to the plate and offered minorities equal pay. Historically, women have been paid a lot less than men, despite being equally, or better qualified as their
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Customer satisfaction is what drives them to have a greater competitive advantage over other retailers such as Walmart. Amazon creates value for its customers by offering customers broad range of products to select from through their website and ensuring timely delivery of products. Amazon has a great technological advantage over Walmart, as their entire store front is virtual. Additionally, the implement virtual customer service teams which make customer service a breeze. Even so, Walmart has made some advances to keep up with the going technological trend. Over the past few years Walmart has shifted their focus on its efforts to compete with other online retail organizations while using their physical stores to its competitive advantage. Earlier this year Walmart launched free shipping on orders over $35 and discounts for items not available in stores which can be ordered online and scheduled for in-store pick up. This new offer creates a new challenge of workforce reduction to focus more on their online entity and online