Friday, March 20, 2015

Moneyball Moment in HR

HR has traditionally never been associated as a data driven department. We primarily associate it with softer side aspects of managing an organization, be it training, interviewing, employee engagement and talent management. However, this is changing with a more networked society, and transparency of information with employees. The market dynamics is demanding that organizations become agile, nimble and leaner to take on unexpected competitors....

Thursday, March 19, 2015

HR Hidden Facts

1)  It Used to All Be Done on One Computer! Back in the 1980s, the human resource field looked very different. A great deal of the sort of human resource tasks that need to be done were delegated to machines and generally automated. These automated processes were relegated to these giant mainframe computers that sifted through and sorted the staggering streams of data transactions daily. Sometimes most of a company’s human resource management work was done by just one machine! It’s incredible to think how centralized this system used to...

HR Puzzle

You have a set of 3 light switches outside a closed door. One of them controls the light inside the room. With the door closed from outside the room, you can turn the light switches on or off as many times as you would like. You can go into the room - one time only - to see the light. You cannot see the whether the light is on or off from outside the room, nor can you change the light switches while inside the room. No one else is in the room...

Besides salary, what do your employees really want in 2015

As the focus on employee recruitment and retention sharpens in a recovering economy, many executives may be undervaluing a perk their workforce wants most, suggests new research from Accountemps. When asked which workplace perk they think their employees are most interested in receiving this year, 41% of chief financial officers (CFOs) interviewed said better benefits, and 19% said more vacation days. In a separate survey of workers, however, more paid time off (30%) narrowly edged out better benefits (26%) as...

Flipkart cuts hiring in bid to reduce costs

Under new chief financial officer Sanjay Baweja, Flipkart Ltd is slashing hiring in all but two functions, increasingly outsourcing order deliveries to logistics companies, improving its supply chain planning and boosting marketplace sales to bring the company’s ballooning costs under control. While Flipkart has emerged as one of the most valuable Internet companies globally, there is growing pressure on the Bengaluru-based e-commerce firm to control costs and show investors that it can generate profits in future. The pressure will only become...

Emerging Human Resource Trends in 2015

Human resource trends change just as frequently as fashion (if not more). Because the industry is constantly evolving, regulations regularly adapting, and employees changing as well, small businesses have to be flexible enough to keep up with them. Whether you have a larger human resources department or you are handling all of the HR work yourself, you can get a step ahead by familiarizing yourself with these emerging human resource trends in 2015. Generation Z Has Arrived You’ve heard about Generation X and Generation Y, but now...

Eliminating Performance Appraisals

Should organizations stop doing performance appraisals? The argument in favor of eliminating them is that they frequently do more damage than good. Among the damage that they do, the least troublesome is wasting time, and the most troublesome is the creating conflicts between employees and their supervisors. There is no doubt that in many organizations appraisals are poorly done, and that they create a number of problems. However, it is important to point out that they exist because of the need to motivate, direct, and improve the performance...