Human Resources section covers the wide spectrum of management of workforce, interpersonal relations in the corporate world by having articles on different concepts. Apart from these institutions and systems working for empowerment of the people also falls under this category.
Importance of Hiring a Right Candidate to Reduce Costs
11 November 2016
About an year back according to a statement given by SHRM India CEO Anchal Khanna “ The present and the future of any company depends on the employees of the company if a wrong candidate is hired the company have to bear high cost which can be 5 times the annual salary of the wrong(bad) hire. In a research of Harvard Business school review it was found that companies’ takes time to decide the candidates for hiring because the cost of wrong hires which a company will pay is 80% of the employees’ turnover, which can cost thousand or million dollar to a company.
The Struggle Behind Earning a Seat at the IIMs
01 November 2016
It is the dream of not only the students, but also the parents to see their kids studying at prestigious IIMs. Some people are able to make it, some give it another chance and the rest change their dreams thinking for some other plans. Earning a seat at an IIM is itself a great achievement. And great achievements are not achieved easily. It requires a lot of hard work and persistence.
Skill Development and its Impact on Employee Retention
13 September 2016
In organisations today, employees’ development has become very important function of human resource management. The organisation needs to ensure that its employees are efficient and in line with the competition prevailing in the industry. To maintain and sustain these valuable resources, organisations are required to look after the job satisfaction and retention of employees.
Evaluating the Effectiveness of Training Employees
06 September 2016
Training is concerned with imparting specific job related skill to the employee. It is long term investment done in human resource of the company. So the effectiveness of training should be evaluated as it checks whether the program objective is achieved or not. Evaluating the effectiveness of training helps to understand the value of or worth of the activity. It is important because it sheds light on majorly four aspects.
One Team to Achieve the Dream - Importance of Teamwork
01 September 2016
Whether it is a small startup or a large corporation, teamwork is the most essential aspect. It forms a vital part of growing business environment. Starting from an idea for a product or service, to finally selling it to the customers, all the tasks are accomplished through teamwork. You can’t imagine a single bee making the whole honey, a single mason making the building and a single ant collecting the food for the whole season. Teamwork helps the employees to get the maximum output from colleagues, reduces burnout and helps in boosting the company's overall productivity. Big Giants like Google, Microsoft, Samsung, Hindustan Unilever etc. can’t flourish with the ideas of just one person. There is the support of big teams which has helped this top companies grow consistently.
Work-Life Balance for Building Employee Trust & Relationships
08 August 2016
What is meant by work-life balance? It is not just another metaphor we use in our daily life. This metaphor has a lot of meanings hidden behind it. Work-Life balance simply does not mean that there is an equal distribution of weight on both sides but it is a balance between body and mind. For each person, the work-life balance definition may change. It depends on how they have self-defined their goals and their state of well-being so that they can handle multiple responsibilities at home, work and society without getting stressed mentally and physically. Once the employer is able to bring in work-life balance in the organization, it has a lot of advantages like reducing stress, attracting new employees, retaining current employees, trust and strong relationship with the company and most importantly it increases productivity. Finally, it is all about productivity and increased revenue.