Do you believe Artificial Intelligence is the future game-changer? Artificial Intelligence (AI) is not the FUTURE, it is ALREADY HERE. According to Wikipedia, “Artificial intelligence (AI, also machine intelligence, MI) is intelligence demonstrated by machines, in contrast to the natural intelligence (NI) displayed by humans and other animals”. In a post by Josh Bersin, Founder […]
Employee Retention has become a concern for organizations across the globe. Employee turnover adversely affects a company’s performance and growth. According to the Centre for American Progress, employee turnover costs roughly 20% of an employee’s salary to replace that individual. The US Bureau of Labor Statistics states that people quit jobs in search of better […]
Traditional Performance Management approach is broken! Experts believe that old school performance management approach is inaccurate and unfair, as it limits managers and HR to a time-consuming review process and does not yield clear improvements in organizational or individual performance. It has been more about measuring employee performance to meet ranking purposes, rather than focusing […]
“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 […]
High potential employees, or commonly known as HIPOs, are 50% more valuable to an organization than other employees, as they exhibit 21 percent higher productivity levels. CEB data shows that HIPOs contribute 91% more in achieving business goals. As shown in the image, a high-potential employee has the capability, aspiration and commitment to take organizational […]
The HR department is undoubtedly a key element for any organization. With so many responsibilities on the shoulders, it can be an extremely daunting task for HR people to manage multiple processes, especially when they have to cater to an expanding team or organization. A cloud based HRMS is the handiest tool they need. A […]
