Hr - Trends

Personaly i feel, HR managers provide focus on leading development, compensation management and healthc ar benefits in the New Year. If 2007-08 was the social class of Indian companies going global, skyrocketing pay packages and countless job opportunities, the attack course of instruction promises to take these developments to the next level.  Needless to say that HR heads will be working over time both to recruit talent to meet the companies growth targets or to internal-combustion engine out HR policies to retain the best people. Experts in tender resource management say that trends such(prenominal) as outsourcing the mankind resource (HR) function, flexible work timings and job sharing, prevalent in the West till now, will take off in India as well. A lot of work for Indian companies is each coming from abroad or going there. In such a scenario, companies will have to re-orient their HR practices and bring them in line with international norms. Clearly, at a time when mergers and eruditenesss are the order of the day and growth is driven by competition, holding the employee satisfied not only in terms of bullion but other benefits as well will be top priority for HR heads.  There will be more facilities to help employees in terms of working from home, health and welfare benefits and retirement benefits.

Acquisition and retention of talent will not be the only challenge. Apart from talent acquisition and retention, leadership development, aligning and integrating peoples performance with business goals, management of intellectual capital and compensation management would likewise require attention of HR managers in the coming year. The Indian IT services industry, which has been a forerunner in creating and implementing ripe HR strategies, is expected to focus more on fortify the middle management cadre. The IT industrys challenge seems bigger as the sector is facing an acute shortage of skilled manpower, emergent income levels and the proliferation of new job opportunities.... If you want to get a liberal essay, order it on our website: Ordercustompaper.com

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