In a recovering economy that is building itself around the dynamic change in the business scenario, retention of valuable employees is a hard task. Talent might be easy to find owing to a large young workforce, but retaining them in your company is the real challenge. Losing a valued employee [...]
Every company has a system of managing and analyzing employee’s performance and their contribution in taking the company forward. It is essential for the business leaders to know how each of their teammates has performed. It is important to know their strengths, their weaknesses, and their overall potential, and having [...]
For an organization to be successful there is but one thing it definitely needs – employees. The valuable growth of a company lies in creating a balance between an employee’s expectations and the company’s expectations from the employee that it invested in. There are several ways in which employees can [...]
Human Resource is considered to be the one of the most expensive departments to be incorporated in an organization. HR professionals are well acquainted with the value that HR can add. However, sometimes high-level executives still may not be aware of the same. There still exist misconceptions that HR does [...]
For most organizations, investment in employee development is considered to be a strategic imperative. However, like any other investment, it is not risk-free. So, how can one assuage the risk without taking the short-sighted perspective of looking at people as commodities? You can develop your employees in a number of [...]
“Great vision without great HR function is irrelevant.” This statement signifies the importance of building your HR function. The main role of Human Resource is to support an organization’s success. Conventionally, HR’s purpose was to focus on determining the work done by employees and to screen out the “undesirables” during [...]
The Human Resource Development is one of the most crucial areas in business management. It is aptly called as the backbone of an organization because it ensures creation of competent and highly motivated human capital, without which it’s impossible to run a business. The role of HR has been transformed [...]
According to studies by experts, employee morale is directly tied to productivity. If employees are stressed and dissatisfied, the productivity levels plunge. Unhappy employees can be detrimental to your business. Low morale may lead to poor cooperation and low productivity, which ultimately hinders a business from reaching its goals. On [...]
“Is your workplace training effective” is a question which is not asked often but it is an important question that needs to be answered. Organization and its employees are often seen to be performing at suboptimal levels. The senior management considers ‘training’ to be an effective tool for solving most [...]
“A reduction in the number of employees through, resignation, retirement or death” is the definition of Attrition. Before going into depth of the solution, we need to understand the reason why this is rising. The main reasons behind rising attrition rates are:- Lack of interest in the work they are [...]
