With disruptive technologies changing the world every day, the organisations need to focus on building a learning culture for employees. It is essential to optimize and continuously upgrade employees' skills.
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Companies have to focus on performance and productivity when they deal with talent crisis. This means, they will have to deploy great rigour in identifying the critical talent that they want to retain.
Addressing the current talent crises by taking into considerations only the tangible or financial rewards, may not yield results which can be sustained in longer terms. It has to be a mix of quantitative and qualitative.
The competitiveness among employers to offer the best compensation, benefits, work environment, established processes, ease of working, independence etc. has emerged due to the ongoing talent crisis as a result of high churn rate.
In the current context, it is not a normal churning of labour force. This is getting complicated due to newer dimensions of work, ways of working and expectations between the employer and employees.
Many times arrogance of successful employer brands also fail to identify the value of talent and disregard the need to connect with workforce and address their desires proactively resulting in huge unprecedented churning.
Most online onboarding programs are still in their infancy stage. Solicit feedback and constant communication can make continuous improvement where first day charm or impression can be the employees' lifetime memory and value.
As we enter a new age in how Indian firms handle the concept of employment, it is apparent that the lessons learned over the previous two years may guide future productivity. It is critical for leaders to understand their employees' demands, varied work styles, how they affect and how their...
Editor's Pick, Interview
Collaboration and Keeping people first are the keys of success : Arundhati Bhattacharya
In conversation with HR expert, a renowned Psycho dynamic analyst, global trainer and academician, Dr. Rajeshwari Narendran, Arundhati talks about her struggles, learning and what made her to move forward from PO of SBI rising to the Chairperson of the same bank and then to CEO of a SaaS Company...
Companies around the world are implementing important benefits like domestic partner recognition and LGBTQ-inclusive healthcare benefits, as well as intensifying employee engagement efforts like expanding employee resource groups for LGBTQ workers and their allies.
