Allow HRM professionals to better facilitate human resource plans, make decisions faster, clearly define jobs, evaluate performance, and provide cost-effective benefits that employees want
Work-life balance: organizations that fail to help their people achieve work/life balance will find it increasingly hard to attract and retain the most capable and motivated employees
Work attitudes have shifted: workers are more willing to leave their jobs to gain time for leisure or family. Many Gen Xers (born 1965-1980) and Gen Yers (born 1982-early 2000s), whole passionate about their careers, won't sacrifice family and leisure for their career
The equitable treatment of all stakeholders (employees, suppliers, customers, owners, investors, and the community) without sacrificing the needs of one group for the success of another
The comprehensive set of managerial activities and tasks concerned with developing and maintaining a qualified workforce in ways that contribute to organizational effectiveness
People spend more time at their jobs than any other activity in life. If people are happy and productive at their work, this can have a spill-over effect on their lives
I/O psychologists can also improve the quality of life of everyone in society by increasing employee effectiveness, which reduces the cost of goods sold by improving product quality
Include such areas as analyzing jobs, recruiting applicants, selecting employees, determining salary levels, training employees, and evaluating employee performance
Concerned With the issues of leadership, job satisfaction, employee motivation, organizational communication, conflict management, organizational change, and group process within an organization
Pioneered the use of psychological principles to produce more effective advertisements, classified and placed enlistees, conduced performance evaluations of officers, and developed and prepared job duties and qualifications for over 500 jobs during WW1