HR being the resourceful department first used employee self-service portals as a cost cutting method. With the surge in technology, these SSPs are emerging as the new generation tools and proving to be contributors to productivity and greater employee satisfaction.
The face of the Human Resources department has changed significantly and it is now being seen more as a contributor to the profitability of an organization. Organizations have made a paradigm shift towards viewing HR as an innovative business partner, which will help in building the core competence of the organization leading to sustainable growth. The reason for this change is the competitive pressure in an extremely volatile business market place, where everyone is competing to better their sales, increase profits and grab the best talent in the market.
The new trend is starting and it’s creating a new wave of cloud computing that is radically changing industries. The cloud is now being considered a viable target for deploying mission critical applications. Enterprises are finally realizing that customers no longer want to buy packaged software and instead are expecting everything to be delivered as a service. In other words, customers are expecting their vendors to be SaaS providers.
SaaS will become the new operating model for B2B applications.
Writing this is an attempt to share my views and experiences collected after making a decision to be in the field of HR. I will just rattle out some thoughts on various things which matter when one is at the campus and thinking over HR career in general and placements in specific.
Preventing Harassment at workplace – a cultural issue’ is the first in a series on diversity, inclusion and harassment at the workplace. This article focuses on employer responsibility to train and educate employees on harassment at workplace. It also takes into account the cultural aspect in the Indian context.
Performance based compensation is the variable portion of the total compensation and is paid when performance criteria are met or exceeded. Companies often tie variable compensation to individual, team or company targets. Such compensation allows companies to influence employee behavior so that they meet the specific company objectives. Creating effective performance based compensation plans can be very tricky. Here are a few things to keep in mind when you designing rules for your variable compensation.
"I think I have this thing where everybody has to think I'm the greatest, and if they aren't completely knocked out and dazzled and slightly intimidated by me, I don't feel good about myself." – Mr Foxy Fox
Fantastic Mr Fox is a novel by British author Roald Dahl. Mr Fox is a courageous adventurous trickster who faces impossible odds to make his near and dear ones live a happy, fruit-full life. The Human Resource (HR) manager in India does not have to act like Mr Fox. He will have to do a better job. Gone are the days when the HR manager was just the HR manager. Apart from the degree and the work experience, the HR manager has to acquaint and adapt with the six most essential skill sets for the job to survive and flourish. For the newly initiated, here are a few pointers:
A desire for increased productivity and a more connected company culture has prompted companies like Yahoo!, Best Buy, Bank of America and Zappos to scale back their flexible work arrangements.
A decision like this would definitely impact the women workforce, but it is naive to believe that it would have no impact on today’s aspirational men. In fact the report presents some findings which actually expound all these beliefs and more.
Some call us generation Y or the ‘me me me generation’, some call us the millennial kids but ofcourse for the last few years we have been lovingly (more often than not) referred to as the ‘Facebook generation.’ Born anywhere between the 1980s and early years of 2000, our characteristics are often touted about almost as a horoscope reading – uncompromising, unapologetic, irrelevant, love smartphone apps, new technologies and obsess about career growth, social media and friends. We are mobile, tech savvy multi-taskers and we never keep our salary a secret!
"The function of leadership is to produce more leaders, not more followers." - Ralph Nader
In India, succession planning has always been a contentious issue. It either causes family feuds or divides the company. Either ways it’s a judgment call that should factor in the personal traits as well as professional experience and skills of the people involved. Effective leadership can only be achieved by identifying the shortage of eligible leaders, auditing the shortlisted candidates, developing them for the role over a period of time and then conducting the transition.