Wednesday, December 31, 2014

Focusing on employee relations in the recession is a cheap means to boosting profitability.

During tough economic times, it’s usually the most abstract aspects of a business that get trimmed to save money and streamline business. Such can be the case with employee relations, an element of business that often is taken for granted. But experts and analysts warn that owners and operators should not only be sparing their employee-relations programs during this recession, they should be strengthening them. Solid, consistent employee relations are fundamental to a restaurant’s success, and during these fiscally dour times, these programs...

The Need For Employer– Employee Relationship

Employee relations or industrial relations as it is commonly referred to as is a discipline that covers the relationship of employees with the organisation and with each other. Industrial relations is concerned with anticipating, addressing and diffusing workplace issues that may interfere with an organisation’s business objectives, as also with resolving disputes between  an among management and employees. It includes the processes of analysing the employer –employee relationship; ensuring that relations with employees comply with applicable...

Walmart’s Latest Employee-Relations Debacle

A Kemptville, Ontario, Walmart employee was fired  this week after urging a customer to not leave his dog in his car while he shopped. The story quickly grew legs and amounts to yet another PR black eye for the company.  Walmart had enjoyed a wave of decent PR for a while, but now it finds itself back in a defensive posture–both because of this incident and also for other employee-relations horror stories that play to a now-familiar narrative.  In fact, it’s hard to stay on top of all the negative stories...

9 tips how to Develop an Employee Engagement Programs

together some helpful tips Human Resources professionals should keep in mind when it comes to engagement programs: 1) There is no magic formula. Enough said here. 2) Each employer's idea of engagement and how to bring it about is different. Respect that what may work at another company, may not be the right fit for yours. Understand, and be true to your culture. 3) Determine what are the key drivers of engagement at your organization. Whether through employee opinion surveys or walking the halls, determine what drives employee...

India on top in 'employer-employee relationships'

A new survey has found that the "positive relationship" between the staff and management has increased in countries like India and China, whereas Australia dropped four places to take the 13th spot on the list. According to ORC International's annual workplace engagement index, just under half (48 percent) of Australian workers reported a positive relationship this year, which is 6 percent less than last year, News.co.au reported. The survey conducted on almost 10,000 workers surveyed them on their attitude towards their organisation,...

The Stories That Impacted HR in 2014

HR trends, identify the most popular content and provide a unique and real-time look into what’s happening in the HR marketplace. So without further delay, here is a selection of the hot HR topics throughout 2014: January Continuing the trend from 2013, flexible working was a hot topic, as there was significant growth in companies hiring remote workers and offering expanded telecommuting policies. Driving the spike in the topic...

Monday, December 01, 2014

Attrition a major challenge

Attrition simply means “A reduction in the number of employees through retirement, resignation or death. “Attrition can be conceptualized in many forms; the two prominent forms of attrition for the constraints of this endeavor are attrition due to employees leaving  Attrition has always been a sensitive issue with firms. Despite offering the highest salaries across all business segments, the industry has been plagued with attrition across the board, particularly in the past few years. This ever-growing wage inflation and attrition rates...

Infosys's attrition rate crosses 20%

Even as high attrition rates continue to haunt Infosys, the country's second-largest IT services firm is confident of bringing it down to 12-14% in the next two quarters as it gets back to the growth trajectory. The attrition level grew higher to 20.1% in the July-September 2014 quarter as compared to 19.5% in the April-June 2014 quarter and 17.3% in Q2 last fiscal. In comparison, TCS had reported an attrition rate of 12%, while that at Wipro (IT services) and HCL Services stood at about 16% and 15%, respectively, in the April-June 2014 quarter...

High attrition rates, talent shortage worry recruiters

Talent shortage and high attrition rates are now issues weighing on the minds of recruiters and company chiefs in Asia, as companies expand more aggressively in Asian growth markets. Nearly two-thirds of CEOs based in Asia told consultancy PwC in a survey they face a 'limited supply of candidates with the right skills'. Also, 47 per cent said they lose their top people to competitors. In a report by boutique recruitment agency Ambition Group, about half of the 200 Singaporean executive respondents said attrition rates have risen in 2010 and have...