By 2020, millennials will form the largest part of the entire U.S. workforce. Reports say that millennials constantly change their jobs, if they don’t feel valued or find no career growth at their current workplace. To meet their expectations, companies are trying to figure out ways to engage and retain millennial talent. Out of many […]
Hiring of employees is a challenging and time-consuming process. Sourcing candidates, reviewing resumes, shortlisting candidates and interviewing multiple applicants can often be both physically and mentally draining. But the real challenge begins with onboarding of new hires. In small and midsize companies, it becomes difficult to keep a balance between core HR activities and recruitment […]
“Succession Planning Doesn’t Start with People. It Starts with the Requirements of the Position.” – David Ulrich Succession Planning is a process to identify employees from within the company, for leadership or any other kind of key roles in the company. A survey conducted by National Association of Corporate Directors (NACD) found that 2/3rd of […]
President Donald Trump has made changes to H-1B visa program that intends to bring in highly skilled employees. Trump’s administration is looking forward to strengthening ‘Buy American, Hire American’ policy. Trump’s New ‘Hire American’ Policy The first part of the policy calls for the federal government to reinforce ‘Buy American’ to give preference to buying […]
Are performance reviews making any difference in your workforce productivity? Is it even effective in optimizing an employee’s performance? Not sure? You’re not alone! Ideally, performance review is a systematic process to evaluate and document performance of an employee. If an appraisal process is designed and implemented carefully, it can help managers and HR to […]
Here’s an incident that inspired me to write about an online leave application system and how managers can make best use of this tool. I manage a team of 5 people. Last month, we had an important project, and unfortunately, we missed on our first project delivery deadline. I was taken by surprise when one […]
In India, 2016 ended with the news of Demonetisation surfacing all over the country and impacting rich and poor alike. The prolonged cash shortage created a lot of confusion and chaos for the common people, and it hugely impacted disposable income of the countrymen. Government of India planned this move to cease cash-centric black market […]
CFOs estimate that ineffective performance management processes result into thirty percent loss of company’s performance potential. And only 8% of organizations drive high value from these processes. In Brandon Hall Group’s 2016 Performance Management study, 72% of organizations found their performance management process to be “some – what effective” or “not at all effective”. [Source] […]
Gallup, through their research found that only 31.5% of U.S. employees and 13% worldwide are actively engaged in their jobs. Lack of engagement and low productivity cost up to $550 billion every year to the employers. People are an important asset to an organization and managers can get the best out of these people by […]
Employee engagement and satisfaction play a vital role in determining the success of an organization. Out of numerous factors that improve employee engagement, the hassle-free process of leave application and receiving its approval on time makes a significant impact. It has been normally seen that in the traditional system of leave applications, delays in acknowledging […]
