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Showing posts from May, 2022

Compensation & Benefits

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  What is Compensation & Benefits Compensation & Benefits refers to what worker get in return of labour that is salary, monetary as well as non-monetary privileges provided by the employer in an organization. (Azmi, 2021) . C&B is a vital tool to attract best fit to the organization, motivate and retain the employees. It works in a way Better is the C&B better is the performance & retention. Objectives of the C&B   (Azmi, 2021) . ·        To control the incurring cost of Organization. ·        Ensure legal provisions are adhered. ·        To sustain and enhance employee motivation. ·        To benchmark the Company. ·        Attract right candidates. ·        Retention of employees. ·        Justify the work done by employee b...

Some Key Result Areas of HRM

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Figure 1. What does HR do?        Some Key Result Ares of HRM The change is constant, HR is no exception. HR is plays vital role in Organization success. There are many areas in HR contribute towards the growth of an organization. Let’s understand what Human Resources Management is.     According to Armstrong & Taylor, (2014) “ Human resource management (HRM) is concerned with all aspects of how people are employed and managed in organizations. It covers the activities of strategic HRM, human capital management, knowledge management, corporate social responsibility, organization development, resourcing (workforce planning, recruitment and selection and talent management), learning and development, performance and reward management, employee relations, employee well-being and the provision of employee services. It also has an international dimension.”   Strategic HRM With globalization it is more interesting time for HR Managers to meet th...

Recruiting for Cultural Fit

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Figure 1. Cultural Fit What is Cultural Fit Cultural fit is defined as that a potential job candidate will be able to adapt and follow to the core values and collective behaviours that forms an organization. (Sales, 2014) .   Cultural fit is assessed during the interview phase by evaluating the soft skills and personal goals. To do so Companies should cultivate the Company Culture by identifying the following.        ·        Values of the Company ·        What are the behaviours ·        Attitudes ·        Mindset ·        Practices Cultural fit is imperative to an organization to move forward. Poor cultural fit could turn Companies into turmoil handling the employees especially considering turnover. On the other  hand when an employee is hired with right cultural fit it enhances the...

Absenteeism in the Workplace

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 Absenteeism is define as employee is unable to present at work as scheduled regardless of the reason. Absenteeism is also referred as “Bottom-line Killer”, which could create negative vibes around the Organization. Figure 1. Absent at work Impact on Absenteeism at Workplace The impact of absenteeism can be very harmful for the Organization as it will effect the bottom line of the Company. As per Goodman & Robert, (1984) following are listed as negative consequence of Absence. Group Negative consequences of Absence   Individual Loss of pay Discipline, formal and informal Increased accidents Altered job perception  Co-workers Increased workload Undesired overtime Increased accidents Conflict with absent worker  Work-group Increased coordination problems Decreased productivity Increased accidents  Organizational Management ...