Task 2: PEST ANALYSIS

Make a PEST analysis about factors influencing human resources management in the
company (preferably in your home country).
PEST analysis is a strategic business tool used by organizations to discover, evaluate,
organize, and track macro-economic factors which can impact on their business now and in
the future (including human resource management). The framework examines opportunities
and threats due to P (Political), E (Economic), S (Social), and T (Technological) forces.
1. What kind of current trends affect human resources management in companies?
2. HOW these trends influence human resources in companies?
->Identify the trend -> determine how it affects the human resource management (planning,
selection, motivation, etc.) in the company -> give solutions for identified problems
In the table there are given some examples. Please fulfil the table with necessary information!
Influence on
human resource
Identification of current trend Solutions
management in the
company
 Company has to  Firing people
increase salaries  ….
for low qualified
employees who
receive minimum
wage
 Company has to
e.g. Increase of search for funding
minimum wage for other
Political
employees to keep
the proportion
between salaries
(between low
qualified and high
qualified
employees)

Economic

Social Difficulties to attract  Attract human

e.g. Decrease of employees resources from
population in the foreign countries
country  ….
Technological