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Financial wellness programs, coupled with access to tools and resources, can work as a solid foundation for employees in managing their financial needs. While financial wellness programs can be expensive to launch and maintain, many may argue, and justifiably so, that they more than pay for themselves over the long term. They are therefore, a …
Continue reading “How Organisations Can Measure the Impact of Financial Wellness Programs”
The advent of technology has brought about an infinite number of advantages for employees and companies across industries. However, with the hike in job reduction due to digital transformation efforts, new staffing solutions are becoming essential to ensure tech does not replace manpower, and instead enhances it. A domain with perhaps the most important role …
Continue reading “How Can HR help Overcome Staffing Challenges in the Digital Age?”
The HR function is arguably the most critical department of any organization. The consistent struggle to handle the ebb and flow of employee growth and turnover is a domain presided upon by this department, making it the most effective one in an enterprise. HR professionals work in the best interest of both employee and the …
By Aamir Devra Compensation & Benefits, KPIT The relationship between an employer and an employee is arguably the most complex one of all. At first glance, it can seem fairly standard, in the sense that it is one based on mutual benefit. On a closer look, however, we come across a plethora of factors that …
Continue reading “Employee Financial Welfare and Performance: A Deeper Look into The Relationship”
By- Lucky Kulkarni, Group Head HR, Jeena & Company Over the years, particularly in recent times, I’ve witnessed Human Resource planning and management undergoing dynamic shifts – from a department within the realms of a conference hall to holding the chief position in leadership circles driving strategic growth. Being an all-pervasive function, it trickles down …
Millennials are famously termed the ‘job-hoppers’ of this era, and with the job market heating up, retaining them can often feel like it requires a dedicated team in every organisation. Since millennials will be dominating the work space for quite some time, organisations will need to recognize and embrace their talent to succeed. Of course, …
Continue reading “The Secret To Retaining Millennial Talent At Organisations”
Compensation is the key link between employees and organizations, vital to attracting and retaining the best talent. Of course, it refers to the general return that the employee gets for their work; but to keep employees satisfied, organizations often need to do more than just offer basic pay. Compensation management is complex – you have …
Continue reading “5 Compensation Trends HR Leaders should know”
“Train people well enough so they can leave. Treat them well enough so they don’t have to.” These words by Sir Richard Branson, the famous entrepreneur and founder of Virgin Airlines, sum up the entire struggle (along with the solution) for the core problem faced by a Human Resource Manager. It also paves the way …
Continue reading “What are Employees looking for from HR in 2024?”
“A company’s culture is the foundation for future innovation. An entrepreneur’s job is to build the foundation.” Brian Chesky, Co-founder and CEO of Airbnb, accurately sums up the essential role organisational culture plays in today’s time. In this era of rapid economic acceleration and business expansion, understanding what we commonly refer to as “Organisational Culture” …
Continue reading “What does Organisational Culture mean and why is it important?”
What is employee experience? Is it merely remuneration that matters in keeping them happy? With evolving roles and relations between employee and the employer, employee experience has become an umbrella term. It involves everything that an employee experiences – right from the process of getting recruited to the various aspects of their life that the …
Continue reading “Elevating Employee Experience: 3 Areas to Focus on”