Automatization of the labor resources market in the age of the internet of things: Conceptual substantiation and risk management

Purpose: The purpose of the article consists in conceptual substantiation of automatization of the labor resources market in the age of the Internet of Things and development of recommendations for risk management of this process. Methodology: In this article, the process of automatization of the labor resources market in the age of the Internet of Things is studied with the help of the method of problem and logical analysis, modeling, formalization, and qualitative scenario analysis (it is used for determining the possible risks and perspectives of managing the risks). Results: As a result of studying the process of functioning and development of the online market of labor resources, its problems are determined, as well as perspectives and advantages of solving them with the help of the Internet of Things. A concept of automatization of the labor resources market with the help of the Internet of Things is developed and presented. The risks of automatization of the labor resources market with the help of the Internet of Things and perspectives of risk management are determined. Recommendations: It is substantiated that digital modernization of the labor resources market on the basis of the Internet of Things allows for authomatization and rationalization of behavior of this market's participants, ensuring quick optimal decisions with minimum resource intensity. The offered conceptual substantiation of automatization of the labor resources market in the age of the Internet of Things reflects the logic and essence of this process, and the stated perspectives of risk management allow preserving sustainability of the online market of labor resources in case of its authomatization and maximizing the effectiveness of this process. © Springer Nature Switzerland AG 2019.