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Thursday, October 17, 2019

Current Trends and Services Essay Example | Topics and Well Written Essays - 1000 words

Current Trends and Services - Essay Example Current Trends in Workforce Recruitment Workforce recruiting is crucial to every organization and company as it brings with it new technology and more productivity. One of the current trends in workforce recruiting is the increased rate at which people tend to find new jobs after almost every three years. Currently, it is also important that one becomes computer literate and upgrade their skills in line with the current technology. While recruiting their workforce, the employers look for someone who is capable of keeping up with the market trend. For instance, a software developer should be aware of the changes in software development that are occurring at a phenomenal rate. Another trend in workforce recruitment is the overwhelming number of women who have entered and are fruitfully climbing the corporate ladder (Hankin, 2005). Moreover, there is an upcoming trend whereby smaller businesses are recruiting more workforces as opposed to bigger companies. This can be attributed to the increased growing rate of technology. Current Trends in the Payroll Management Payroll management is an important part of every company hence most companies are always striving for better effectiveness in their payroll management. Various trends have occurred in payroll management. ... This service sector has also adopted trends such as singe disbursement per pay cycle and circumventing of cycle payments that are done through investigation and eradication of errors. Currently, most companies are able to process payroll which include all required tax expenses, deductions and produce reports for their employees. Current Trends in the Accounting Services Currently in the accounting services there is more emphasis to shift from general accepted accounting standards to the international financial reporting standards. Changes in revenue recognition methodology have also taken place recently. This affects how particular sectors determine revenue recognition. This has significantly affected the construction industry. Current Trends in Call Center Functions One of the trends embraced today in the call center functions is the transition from traditional call center to multichannel contact center. There is also the integration of the current wide range of data and media chann els thus establishing a unified call center environment as stated by Friginal (2009). This environment includes: multichannel services on joined networks; IP networks and IP-supported voice application; and Customer Relations Management and business applications. Today a customer interaction network is founded in an IP-supported architecture that upholds a constantly changing set of multichannel services. This environment includes: multichannel services on joined networks; IP networks and IP-supported voice application; and Customer Relations Management and business applications. Today a customer interaction network is founded in an IP-supported architecture that upholds a constantly

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