Links between organisational and personal deveolpment objectives

SELF-EMPLOYMENT IN RECESSION Self-employment is the major effect cause of the recession and the economic downturn, and has made an opportunity for many redundant and unemployed people in starting their own business. Many are unemployed people are still struggling to find a job, some are also drifting about doing nothing to get themselves in their job market and others are using strategies and ideas on moving into new directions as self-employed. A great amount of people are enrolling on online course to gain skills, knowledge, and be creative with their hands. E. g. qualified chefs who had been made redundant due to the economic downturn can start their own business from home in order to make their self useful instead of being jobless. This strategy does not only improve the unemployment level but also enables many people to make use of their skills and to do what they love doing. In the article by B. Jordan (2009), it was mentioned that “ self-employment in the recession is a positive direction, and it reduces the unemployment, level in Great Britain by talents, skills, and abilities being put in action to invent work”. FLEXIBLE WORKING PATTERNS/ SWITCHING FROM FULL-TIME TO PART-TIME Public sector needs to learn from private sector on how to make flexible working patterns and keeping job cuts to a minimum. Good engagement with staff will help to make the workforce changes needed in keeping jobs during the recession and to help bring a fall in the unemployment level. In response to the economy downturn, Harvey Nash from CBI recruitment mentioned that “ As a result of the recession, organizations believe the UK flexible labour market help cut jobs looses and nine out ten companies applied changing in working patterns as an effect of the recession”. Changes have been purely down to flexibility and the working pattern of the jobs given to employees and in order not to lose good staffs in the organizations and companies. The official figures data and analysis confirms that many people are being push to work part-time because of lack of full-time jobs and people who used to work full-time are now working either 16 to 30 hours maximum due to the economic downturn. Organizations are struggling to keep full timers so staffs hours are being reduced instead of making the redundant or jobless. Many organizations have reduce staff hours and extended holidays in order to cut cost during this difficult times in the country and economy. The economic downturn has left with no choice to most employers and organizations but to establish flexibility in the working patterns of employees as they are very keen to hold on to their best workers even if changes are caused to their organizational structure by freezing or cutting pay. This is a positive thing because most people will still have jobs and earning money instead of not working. Companies and organisation are also benefiting from this shift in the economy downturn because they are cutting cost by changing working patterns from full-time to part-time to avoid losing staffs. Chief UK economist at capital Economics stated, “ The rise in part-time workers shows that people are taking whatever is available to them”. Many employers are taking this decision in reaction to nervousness concerning the strength of the economic recovery and their belief that it’s easier to lay off part-time workers than full-timers. LINKS: WWW. STOPSTUPITSTUFF. COM WWW. SUBMITYOURARTICLE. COM WWW. EZINEARTICLE. COM/ SELFEMPLOYMENT WWW. HRMAGAZINE. CO. UK WWW. TELEGRAGH. CO. UK/FINANCE/FINANCETOPICS/RECESSION/5866522/RECESSION-FORCES-A-MILLION- TO-WORK-PART-TIME. HTML. WWW. THISISLONDON. CO. UK/STANDARD/ARTICLE WWW. LONDONEVENINGSTANDARD . CO. UK, Eight million Britons working part-time to beat the slump. Sri Carmichael and Paul Waugh ( August 2010)