2012年9月18日星期二

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By,


S.SALEEM MBA


In today's scenario, Indian IT companies are facing a "fast-growth-high-opportunity" challenge. According to the Britannica concise encyclopedia dictionary, the word attrition means a reduction of employees in numbers as a result of resignation, retirement or death. This seems to be a turbulent time of the company, but it is not. Perhaps the time black Blake Wheeler jersey is meant for refreshing our company with new talents and ideas if we think positively. Persistence would make our whole organization to think positively and ignore negative thoughts. Attrition is a right time for any HR managers to prove his potential in terms of retaining the existing resources and attracting new talents. Irrespective of good or bad attrition, of course the business will be impacted by tangible and intangible ways. Like a coin, there are two sides as good and bad attrition. But, here we are going to emphasis the positive side of the coin.


Deependra L. Chumble, Chief People Officer, Hexaware Technologies Ltd, says BusinessLine eworld on july5, 2010"attrition is a sign that the industry is growing. The industry will experience a high level of attrition and it would largely be more at the beginner level as people black Blake Wheeler jersey in these positions always want to experience different roles, different organizations, and explore different career avenues."


This trend can be seen mainly among employees with three to six years of experience. IT professionals largely switch jobs for either money, career planning and grow or the opportunity to work with newer technologies.


Benefits of Attrition


According to the study of Harvard Business Review, 80% of employee turnover can be attributed to the mistakes during hiring process. To overcome this, employee black Blake Wheeler jersey attrition will be used to hire the right candidate for a right job again. A Healthy attrition minimizes the problems associated with some job holders and desirably that will impact on business. In one hand desirable attrition includes termination of the employee with whom the organization does not want to continue relationship. On the other hand this can be done by resignation of employees. Any how this may help to company positively as follows...

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black Blake Wheeler jerseys -

Temporary staffing has introduced new avenues for employers and employees alike. The constant need for supplementary manpower has prompted companies to hire staff on contract. This allows you to organize manpower for pressing company obligations in an effective manner. But black Blake Wheeler jerseys then, to gain maximum mileage out of this opportunity, you ought to know which positions are the most suited for contract hiring.?


Listed below are some of the common job roles that can be easily handled by temporary workers on third party payroll.


?Receptionists


A receptionist is one of the most indispensable black Blake Wheeler jerseys parts of any organization. Even though from the outset it seems she is not really making any valuable contribution to the company (especially compared to more important job roles), a receptionist actually handles the critical front office, which serves as the first point of contact with any company. However, unfortunately, most companies have nothing to offer in terms of growth for this job role. In black Blake Wheeler jerseys such a scenario, it is a wise decision to hand over this task to a temporary worker. Hiring a receptionist on contract will not only offer you a great pool of employees to choose from, but also foster efficiencies of cost and time in the entire recruitment process.

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Early Repatriations & Downsizing
Relocation and human resources (HR) professionals are coping with a massive number of issues in managing their global expatriate staff. For many, increased pressure from their procurement departments and reduced budgets are leaving them no other choice than to persuade some of their expat employees to return home early (or worse yet, initiating forced repatriations) or transition them into early localization. Many of the assignees have children settled in schools in their host country and are reluctant to leave, or are not ready or willing to be localized, making it difficult to maintain staff motivation and morale.

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"We are seeing an increase in early repatriation in Europe and many are a result of redundancy. These cases can be challenging,” noted Shan Norman from London. Warwick Anderson from Australia added, "the bottom line here in Australia is that companies have placed freezes on the majority of middle and senior management movement.”

In France, a number of companies are downsizing which is causing a rise in unemployment and consumer confidence. Michel Van Riel from Paris, shared some positive insights: "Some banks are planning a return to France of their expatriates mainly from the U.S., and we have received positive signals from several clients that the number of expatriates relocating will not be affected by the present economic climate.”

Comparing January and February 2009 with the same two months of 2008, Crown saw a 27% increase in the number of people moving to the United States and Canada, suggesting an increase of repatriations. In New York, Bob Leotti commented, “I’ve seen changes in corporate relocation departments such as expats being sent back home or a reduction in the relocation department itself, especially in the financial sector.”

Las Vegas has been one of the hardest hit economies in the United States. Scott Lax explains, “over the last 10 years, new construction accounted for about 30% of the Las Vegas economy. Many of these investments have been put on Blake jersey hold indefinitely and the associated jobs have also been put on hold?or disappeared completely. With the industry under so much stress, many people are moving away from Las Vegas.” Bill Whaley from San Francisco added, “the job losses have been greater than anticipated with multinationals going through major staff reductions since October of last year."

Relocation professionals in the United States as a whole are also coping with unprecedented domestic relocation issues. The mortgage crisis Blake jersey is making it difficult for employees to sell their homes. In fact, some of them are in a negative equity position (when they owe more on their mortgage than their home is worth). For employees that are unable to sell their homes, corporate clients are implementing creative solutions in their efforts to relocate employees who are needed to fill important roles throughout the country. Home selling strategies, temporary housing benefits and special monetary concessions are just a few of the strategies being employed by relocation professionals managing domestic mobility programs in the United States.

Economic Impact on Southeast Asia
According to Andrew Soon, “in Singapore, redundancies nearly tripled from 3,180 in the third quarter of last year to a record quarterly high of 9,410 workers in the fourth quarter as the global economic downturn worsened. As a result, Singapore has unveiled a raft of recovery schemes in efforts to boost the economy.”

“So far I haven’t seen a large impact in Malaysia, but of course there are some people going home. Some corporate projects have been put on hold but existing projects are continuing. Malaysia has become an attractive location for many corporations looking to set up their Asia regional headquarters which has softened the impact of the global economic conditions.” noted Ronan Kelly from Kuala Lumpur.

The Philippines has not experienced a definitive increase in outbound moves, but is starting to see an outflow of mid level managers. According to Camilla Brooks, “the industries most affected are construction and banking. Despite the significant growth of Business Process Outsourcing (BPOs) in the Philippines in the past few years, there are some signs of a slowdown in their growth. Although it’s unclear, this slowdown is likely to be short-term as companies will continue to be attracted to the cost-saving opportunities from BPOs.

Leon Hulme from Seoul gave his insights on the economic impact in Korea. “The Korean Won (KRW) is one of the worst performing currencies in Asia, being as much of a concern in Korea as the global financial crisis is.” Many Koreans and Korean Americans are returning home to provide financial support to their families who are impacted by the weak local currency and unable to make ends meet.”

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LOOK FOR BEHAVIORS WHEN HIRING


William E. Miller?

??????????? Identifying the "Behavioral Requirements" of the job is probably the most important assignment for your hiring team because candidate behavior is the best predictor of job success. ?Our behaviors are a reflection of who we are and the way others would describe us.? They have a lot to do with the way we relate to and treat other people.? The way we have behaved in the past is the best predictor of how we will behave in the future.?


??????????? Some behaviors are better suited for some jobs than others.? Think of a Sales Representative for example.? How would you describe him? Words like excited, extroverted, competitive, and risk taking might come to mind.?


??????????? Now picture an Accountant ? how would you describe him?? I think of someone who is analytical, introverted, cautious, and concerned with details.?? These are generalizations of course, but it's fair to Blake jerseys say that if we hired an introverted, cautious analytical candidate for a direct sales position, we would be headed for trouble and have probably set the candidate up for failure.? On the contrary, hiring the outgoing, competitive risk taker to handle the end of month closing and the bank account might predictably end in disaster as well.


??????????? Without taking behaviors into account in your hiring process, you run an enormous risk of hiring "misfits"… hiring people best suited for analyzing financial trends to sell your services and products; or hiring people who love socializing, competing, and risk taking to guard the finances of your company.?? Understanding the human behavior and traits required for success should be one of the most important components of your hiring system.?


??????????? ??? Behaviors are a reflection of personality. Psychologists tell us Blake jerseys that personality is a product of genetics and early childhood environment. We are a product of nature and nurture they say.? Our personalities are formed and fairly well set by the time we are six years old. Think about that a moment. There's a valuable lesson here.? It means that managers have nothing to do with a candidate's basic talents and behaviors Blake jerseys that the job requires- unless you're hiring six year olds or your own children.?? It's a scary thought.

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The steps outlined below will help to answer some of these very questions and provide guidelines to follow when faced with a layoff situation:

    Consider the alternatives. A knee-jerk reaction may result in a quick layoff and a quick buck, but it may not be the best solution long-term. Before making a layoff decision, always consider the alternatives. Layoffs should typically be a last resort, after other cost-cutting measures don't pay off. Work sharing, for example, is one option that may help the company save some money and still allow employees to retain their jobs. Work sharing allows two employees to share the responsibilities of a full-time employee. Company-wide pay cuts may be another feasible alternative to a layoff. Although not appealing to most employees, for some, it's better than having no job at all. A reduction in pay works best if it is shared by all employees, including management. Another option is to offer those nearing retirement exit incentives if they choose to resign early. Employers want to be cautious with this approach, however, to avoid claims of age discrimination. Layoff criteria. It is recommended that prior to layoff employers develop objective and justifiable criteria for selecting employees to let go. Some factors you may want to consider in making a layoff decision include seniority, job performance, leadership potential, and one's overall value to the company. Just remember, any decision you make must be supported by a legitimate business need. Seniority. When seniority is considered to be the criteria for making layoff decisions, an employee's tenure will determine his or her susceptibility to a layoff. Although length of service is recommended to be part of the layoff decision, it should be coupled with other factors such as an employee's performance history. Performance and skills.The knowledge, skills and abilities (KSA's) needed for a company to survive after downsizing, and to ultimately remain competitive in the marketplace, may also help guide a layoff decision. Competencies such as resiliency, leadership and organizational commitment, for example, may all be particularly valuable to the company. It may be wise to retain employees possessing the skill sets that are desired company-wide. In addition to specialized skills, job performance is often used to make layoff decisions. When performance is used during the decision making process, be sure to review past performance appraisals and other records of performance history before making a layoff decision. Voluntary layoffs. To avoid making the difficult decision themselves, some employers offer "voluntary layoffs" by informing employees of their options. For example, an employer may approach their employees and offer them to either remain with the company and take a pay cut or allow them to resign and take a severance package. Offering attractive exit incentives, such as severance pay, continued health insurance, and pay for unused paid time off, may encourage employees to make the decision to leave the company voluntarily. However, this approach may also have some drawbacks; most notably the potential for star employees to take you up on your offer. Severance packages. Although employers typically have no obligation to offer severance packages to exiting employees, some employers may decide to. Severance pay usually equates to a week or two of pay for Blake Wheeler jersey each year of Blake Wheeler jersey service and can be provided in a lump sum or paid over a period of time. In some instances, a severance package may also include other extended benefits such as continued health insurance or outplacement assistance. Outplacement services. Employers may want to consider providing affected employees with outplacement services. These services are designed to help terminated employees prepare for a new job and typically provide assistance in resume writing, interview skills, job placement, and career counseling. Ensure employees are informed. Employers can help make the transition between jobs a bit easier by providing employees with helpful information on income support assistance programs such as unemployment compensation, and health insurance continuation options, such as COBRA. Paychecks. Each state may have their own requirements relating to issuing an employee's final paycheck. In some states, employers may be required to provide employees their final paycheck at the time of layoff; other states may allow employers to provide the final paycheck at the next scheduled payday. Check your state requirements in the Layoffs section of our State & Federal Laws database. Legal considerations. As with any employment decision, employers want to tread carefully before following through with a layoff. To avoid discrimination claims, all decisions should be made based on objective criteria and supported with documentation. It's recommended that equal employment opportunity (EEO) implications are considered in order to ensure that employees of a protected class (i.e., Blake Wheeler jersey minorities, those over the age of 40, the disabled, or veterans) are not disproportionately impacted by a layoff decision. Further, when large number of workers are laid off at once, state law may require that?employers notify their state Department of Labor. Check your state requirements in the Layoffs section of our State & Federal Laws database.

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Training And Development:


Training and Development is the structure in place of helping employees to develop their individual and managerial skills, awareness, and abilities. The spotlight of all dimensions of HRD (Human Resource Development) Blake Wheeler jerseys is on developing the staff so that organizations and employees can achieve their targets and work goals.


All employees like to be valuable and stay competitive in the labor market by all era. Employee T & D is the only way to achieve this. Employees will continuously like to develop career-enhancing skills, which will continuously go ahead to employee motivation and maintenance. There is zero doubt that a well trained employee will be a precious asset to the company and thus increasing the chances of better performance from this trained workforce. Blake Wheeler jerseys There are usually two type of training in an organization; Internal and External training. Internal training involves once training is Blake Wheeler jerseys conducted in-house by the HR department in the relevant department.

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HUMAN RESOURCE PRACTICES AT PRESENT IN BOTH ORGANISED AND UNORGANISED SECTOR IN INDIA

ABSTRACT

Corporate focus on the implicit and explicit costs of human resources has never been Greater and outsourcing employee benefits administration can create greater efficiency while decreasing costs. This paper attempts to study the HR outsourcing phenomenon with respect to the organized and unorganized sector and also how companies in India are reacting to the HR outsourcing phenomenon. This study throws light on the demographics involved in both sectors. The profiles of employees in both sectors with regards to gender, age, education, experience and work they do have been classified in this study.

?HUMAN RESOURCE PRACTICES AT Blake Stanley Cup Finals jersey PRESENT IN BOTH ORGANISED AND UNORGANISED SECTOR IN INDIA

?INTRODUCTION

?Today, every organization is aiming at achieving productivity by enhancing return on investments and achieving the economies of scale. In this context, it makes sense to focus only on the organization's core competencies and outsource non-critical business activities. Therefore, routine administrative work, although important, can be outsourced to third party vendors. We shall also look at outsourcing outfits like India Life Hewitt, Ma Foi and study their roles in the entire HR Outsourcing scenario. With more and more companies looking to rationalize employees on their payroll, Human Resource outsourcing is slowly becoming the new buzz in India. Companies to whom organizations outsource their Human Resources function possess the knowledge and resources to expertly perform part or all of a clients' human resources function, allowing the client to streamline their internal processes and concentrate on generating profit in their core business.

?HR outsourcing in India

?Estimates show that the latent size of HR outsourcing in India is about $2 billion with a current market of $27 million and it is growing at a rate of about 50 per cent. HR outsourcing in India has not seen the required momentum and is limited to a trickle effect, with companies outsourcing a few selected low-end HR processes. Companies who haven't joined the HR outsourcing bandwagon are either unfamiliar with the process and procedures of HR outsourcing, or are unaware of the players operating in the area or are unaware of the probable value obtained from doing so.?Today, every organization is aiming at achieving productivity by enhancing return on investments and achieving the economies of scale. Therefore, routine administrative work, although important, can be outsourced to third party vendors.? The projections for mentioned outsourcing HR activities are mentioned below:

Pay Roll Services

761

Benefits administration

536

Education and Training

558

Recruiting and Staffing

348

Personnel administration

167

Other HR Functions

192

Total

2560

?HR Outsourcing market is increasing worldwide ($51 billion) representing approximately 39 percent of the total business process outsourcing revenue. HR Blake Stanley Cup Finals jersey Outsourcing also helps the HR professional to play an important role in corporate downsizing efforts and facilitates access to new ideas and approaches outside the organization

?Factors to implement a successful outsourcing decision

??It is important to layout your outsourcing goals clearly before making an

outsourcing decision

Blake Stanley Cup Finals jersey ??Organisations must look into the short as well as long term objectives ??Organisations should consider who will control outsourcing decision and why??It is necessary to find out how well the company's culture will support an outsourcing decision ??It has to be decided that it is better for your operation to be centralized or decentralized before outsourcing