October 2010 Blog Posts (4)

Penny-wise Pound-foolish approach in H R M

H R function in most organizations is a cost center. In different industry verticals, HR costs are metered in terms of:

1. HR staff per 100 employees

2. employees wages as a % of total expenditure

3. hiring costs per employee

4. total HRM costs as a % of company revenue, and similar other statistics.

Are these metrics also used for setting the Goals & targets for the HR team? Does the Head HR have powers to approve initiatives which can curtail HR costs?… Continue

Added by Tushar Bhatia on October 28, 2010 at 1:08am — No Comments

Employee Retention - How to Keep Your Top Talent With the Right Mix of Programs

The top question on the minds of HR Executives is how to keep employees engaged and morale high in these economic times as reported by HR Executive magazine in August 2010. Before then, there were several publications and white papers on the subject of retention of top talent who they expect to jump ship after the recession. Credible research from multiple sources and our experience working with clients indicate no one solution will work for all companies or industries, every company have…

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Added by Creppy on October 24, 2010 at 7:25pm — No Comments

Recruit Smarter : Cust Costs

According to SHRM’s Leading Indicators of National Employment (LINE) survey report earlier this month, the number of companies hiring in October increased more than 11% over October 2009. This is one of the first indicators

that companies are beginning to loosen their belts when it comes to

adding staff. Based on historical cycles of open job requisitions,

there’s…

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Added by JasonCBlais on October 22, 2010 at 12:00pm — No Comments

Lead Well

Lead Well

Lou Holtz in one of the Conference speaks to the people on leading your organization well. He has enumerated few key points which I have tried to put it in my own words for people who dream to leaders.

These are some of the some of the key attributes.

• You need a vision for where you want the organization to go. Vision gives the mind a direction.

• The second thing you need is a concrete plan that’s going to enable you to be… Continue

Added by Iyer Subramanian on October 10, 2010 at 6:45am — No Comments