The Make or Buy Decision Explained The Make or Buy decision forms the cornerstone of managerial economics wherein the decision to outsource key processes compared to doing them in-house is taken based on the relative benefits and downsides of such decisions. For instance, let us take the example of the current trend among the Western […]
What are Occupational Hazards and how they have Manifested in the Industrial Era? By definition, Occupational Hazards are those casualties, injuries, and accidents that involve workers and professionals in the course of their work. As the name implies, these are hazards that are associated with their workplace lives and hence, are sustained in the course […]
While Pay Disparities are Natural, Biased Pay Systems are not In any organization, it is natural for different employees to be paid differently based on their abilities, seniority, experience, and value that they bring to the organization. Indeed, no organization can afford to pay all employees the same unless it is a Non Profit or […]
Hiring Temps and Contract Staff Of late, a trend that has been noticeable in the corporate world pertains to the increasing use of contract staff and temporary workers or temps as part of the organization’s operations. The trend that started a couple of decades earlier has now accelerated into a phenomenon where nearly 25 to […]
What do the Terms Star Performers and Fast Trackers Mean? In every organization, some employees are designated as Star Performers and Fast Trackers by the Managerial and the Human Resources Professionals. The term Fast Trackers refers to the internal classification of some employees who are expected to move faster up the hierarchy than other employees […]
If you are beginning your HR journey, the Associate Professional in Human Resources (aPHR) is the ideal certification to help fast-track your career growth.
In every organization, Human Resource (HR) professionals play a critical role in managing people, policies, and performance. However, within the HR department, the roles of HR Executives and HR Managers often create confusion. While both are key administrative positions, they differ significantly in responsibility, authority, experience level, and strategic involvement. For business owners, recruiters, and […]
Automating the Recruitment Activities and Tasks Much of the work that the HR Function does is routine and repetitive in nature. Starting with the recruitment process, including training and development, as well as performance management, the work that the HR does consists of manual and routine tasks that can be automated and hence, save time […]
Human resource department plays an important role in designing and implementing performance appraisals. Infact, the HR team acts as mediator between the functional heads or reviewing authorities and the employee. It is the human resource team’s responsibility to ensure a smooth implementation of the appraisal process. Let us go through the role of HR in […]
In recent years, many Information Technology and Software firms in the Silicon Valley area have been implementing innovative Human Resources (HR) policies that are aimed at creating an engaging workplace culture and actualizing a work environment that is fulfilling and rewarding. Starting with flexible work and employment arrangements and including, among other measures such as […]
The Changing World of Recruitment Over the years, there have been several changes in the recruitment strategies of corporate. For many years, the recruitment process used to consist of a newspaper ad announcing vacancies, followed by shortlisting potential candidates and then asking them to take a technical test and a psychometric (personality assessment) test, culminating […]
Data, Data Everywhere, But No Insights Yet Corporates generate much data on a daily basis that can include everything from data about performance of employees, payroll metrics, production figures, outage times, and just about any conceivable functions such as Sales and Marketing, Admin, HR, and the like. Of particular interest to corporates, and that too […]
The HR Scorecard Relies on Data The HR Scorecard is a data and metrics-driven tool that relies heavily on the collection of such data and metrics. Thus, it can be said that the HR Scorecard thrives on data and metrics. While data can be collected manually which is a time-consuming procedure, it can also be […]
