Abstract

The paper aims to explore the main restrictions of human resource (HR) and labor market specifically in Lithuanian low-tech sector and to provide implications for mitigating them in order to improve the competitiveness of this sector.In order to reveal the analyzed problem in depth the expert evaluation method has been chosen. The experts in this research cover professionals from the prominent low-tech companies in Lithuania, mainly top team members. The main findings suggest that the core restrictions for low-tech competitiveness in Lithuania include the lack of highly skilled managers, labor quality and qualifications, and such labor market related boundaries like strict labor laws and low labor market flexibility. According to experts opinion the great effort from Government's side should address the improvement improving labor market regulations in terms of simplification of them and increasing labor market flexibility.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.