Management of human resources is extremely critical to the success of any business across the globe. An important challenge during difficult times is to ensure employees’ performance is maintained at a high standard. Owing a crisis, institutions must recognize they still need to retain their critical workforce. Here I would like to underscore the importance of women representation in the work force.
Ongoing low business sentiment, tighter profit margins, and competition for resources has restrained investment. Employment is near its maximum sustainable level. However, the outlook for employment growth is more subdued and capacity pressure is expected to ease slightly in 2019. Consequently, inflationary pressure is projected to rise only slowly.