hridayveda - january 2012
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Stay updated on all things HRTRANSCRIPT
January 2012 HRiday Veda P a g e | 1
Sneak-Peek
HR News - December 2011----------------------------------2
Article: Modern HR practices------------------------------3
HR Quiz (first correct answer gets a surprise!)-----5
Article: “Culture change @ Wholesale prices”--------6
January 2012 HRiday Veda P a g e | 2
Recruitment pace in 2012 – a sneak preview
Hiring is expected to be slower in 2012, but sectors
such as education, healthcare, energy and retail may
witness a surge. HR experts predict hiring to grow
between 6% and 8% in 2012, compared to the 9% to
10% range in 2011. The first two quarters of 2012-13
would be slow. The momentum is expected to gain in
July, says Sangeeta Lala, vice president, Team Lease.
Retail and FMCG sectors would pick up pace, and
banking, financial services and insurance (BFSI) would
also improve at an above average rate. On the
compensation front, there would be moderate growth at
a mean level of 8%. Key focus areas would be
manpower planning and optimisation, as per KPMG
Advisory.
http://www.business-standard.com/india/news/india-inc-to-go-slowhiring-in-2012/459978/
North and East way ahead in providing IT talent
A National Employability Study 2011 which analysed
the employability scores of more than 1.2 lakh final year
engineering graduates found that employability in
IT/ITES is highest in the North, followed by East, West
and then South.
Despite being heavily populated, Delhi and Kolkata
have fewer engineering colleges than southern cities
and yet they have emerged as hubs for quality talent.
Reasoning that the employability percentage decreases
with increase in the number of engineering colleges in
a particular state, opening more engineering colleges
can’t solve the problem of the quality of engineers, the
report added.
http://www.financialexpress.com/news/best-it-talent-pool-in-delhi-&-bihar;-tn-lags-survey/893134/0
Transnational Union in Tata Steel
The conglomerate’s 81,000 factory workers across the
globe may join hands soon to form a transnational
workers’ union. International Metalworkers’ Federation
(IMF) is facilitating the meetings.
A rudimentary meeting under the Tata Steel Network
was held on Dec 7 in Jakarta with TS Union
representatives from Australia, India, UK, New Zealand
and North America.
The objective of such an initiative is to help
transparent sharing of information between the
management and the workers globally.
The idea was conceived in 2009 when UK trade unions
sought the intervention of their Indian counterparts for
better interface with Tata Steel management. The idea
was to "restore good relations" with the management
after workers and the company went on a warpath in
the UK, where Tata Steel sought to either close down
or keep production facilities idle in view of losses due
to slowing demand in Europe and rising cost of raw
materials.
January 2012 HRiday Veda P a g e | 3
India to take up Call Centre Bill with US
India’s ambassador to the U.S. Nirupama Rao said the
government will raise the issue of the U.S. Call Centre
Worker and Consumer Protection Bill at an appropriate
governmental forum to safeguard the interests of the
Indian IT industry. Citing a study by the Indian
industry association, she said IT companies from India
support approximately 98,000 jobs in the U.S. “All call
centre agents will be required to identify their locations
before beginning a conversation with a customer, who
will have the option of being transferred to an agent
based in the U.S.” If passed, the legislation may
negatively affect India’s BPO industry, especially small
firms. The association of Indian business with the US
economy through trade and two way investments has
been of enormous benefit to Indian companies. The
trade in goods is likely to touch $52-54 billion this year,
and another $42 billion in services.
http://www.thehindubusinessline.com/industry-and-economy/info-tech/article2738412.ece
Flexible salary structures in India
Companies such as Procter & Gamble India (P&G),
Marico and Tata Consultancy Services (TCS) are giving
employees the option of structuring their compensation
as per their individual requirements, Times of India
reports. The cost to company (CTC) is fixed by the
employer, but employees are given a choice in
determining their salary components. Under P&G’s My
Pay My Choice, for instance, employees can decide to
take home a certain amount of cash or keep it in a
company fund which will come with its own benefits.
Asian Paints’ Flexi Grade Allowance system gives
employees similar flexibility. For instance, the company
could be offering a manager a car allowance for a
particular high-end model, but the manager can go in
for a small car and, perhaps, opt for a higher
component which meets his housing requirements or
leave travel allowance.
http://timesofindia.indiatimes.com/business/india-business/Now-design-your-own-salary-package/articleshow/11198755.cms
HR outsourcing: In some companies HR is completely
outsourced where a task or activity is given to an
individual agent or contractor who determines how
best to do the task or activity. The firm and the
independent partner become partners and may
establish a long term relationship.
January 2012 HRiday Veda P a g e | 4
Advantages:
Better quality people and knowledge.
Reduction in administrative costs.
Outsourcing certain activities and employees
that do not fit with company culture may be
used to preserve a strong culture or employee
morale.
Disadvantages:
May lead to loss of control of certain activities
which may be a problem on time sensitive
projects.
May result in loss of the
opportunity to gain knowledge
and information
High level of training: In
the modern organizational
scenario companies are
focusing more on training and development. High level
of induction training and on-the-job training is provided
to employees to better understand the work
environment. Employees are given the opportunities to
work in several platforms in due period of time. This
enhances the skillset of the employees and also
motivates them to perform several jobs of different
kinds.
Better management-worker communication:
Nowadays the companies have understood the
importance of the sound communication between the
management and the employees in order to avoid the
conflicts. In many companies the management
interacts directly with the employees to hear their
problems and sort them out. In UNINOR, there is a
concept of open house meeting which occurs once a
month. In these meetings the top management
addresses the employees of the company and then
welcomes the employees to ask any kind of query they
have. This helps the companies to establish a sense of
trust in employees’ mind and avoiding rumours, if any.
Encouragement of employee suggestions and
innovation: Companies are focusing more on
innovation and encouraging
employees for suggestions.
Special rewards are given to
the employees who make
some extraordinary
contribution in the form of
innovation. Also few
employees are given the
chance to be a part of the management and give
suggestions.
Common status symbols: In order to establish a
common status symbol in the organizations common
canteens are made where employees as well as the
management interact and have their meals together.
This gives the employees a sense of equality and in
turn increases their motivation. Also in few companies
common dress code is implemented for the employees
as well as the management.
January 2012 HRiday Veda P a g e | 5
1) I-Disha is a program meant to help managers use
more of the coaching and mentoring dimensions while
leading and managing teams. It is a program by which
company?
2) Which company initiated the program Be Healthy for
the benefit of its associates?
3) Which theory
does this
diagram
represent?
4) Google took up the initiative to retain employees
over a certain age-group and not just run after young
blood. What term did they give to this initiative?
5) Identify the man in the
image
6) SAP made a mark in innovative HR practises by
building a state-of-the art on-site Child Care Centre at
its campus in Whitefield, Bangalore. What is it called?
7) _______ is a technique using quantitative or
qualitative data to make comparisons between different
organizations or different sections of the organizations.
8) The process of NOT HIRING replacements for
employees who leave is known as
a) Attrition
b) Hiring Shortfalls
c) Hiring curbs
d) Zero replacement
9) What is buyback when you talk in terms of
employees?
10) This spoof is made up on which theory of
Organization Behaviour?
Mail your answers to [email protected]. The first
correct answer awaits a surprise!
January 2012 HRiday Veda P a g e | 6
Successful company culture can make the difference
between a workplace people dislike and one they boast
about. There’s no need to have a Google or an Apple-
sized budget to create a great culture.
There are quite a few culture-changing initiatives
which have no direct costs to the company. In fact,
when properly executed, culture improving initiatives
can lower company costs in both the short and the
long run.
In the following write-up, we’ve made an endeavour to
share with you a few such initiatives.
Policies targeted to the 95%, and not the 5%
Most employees are hardworking, motivated and
professional. Workplace rules should be designed to
give maximum autonomy to this vast majority.
They shouldn’t be burdened with rules designed to
control the 5% of the employees who are
constitutionally unmotivated or undisciplined.
From dress code to work hours to meeting attendance,
fewer rules in the workplace are better.
For one, fewer rules can start saving you money right
away. One must get rid of expensive firewalls blocking
Facebook and YouTube. At the same time, access to
these tools can help employees research and network
faster.
Celebrate leaving office early
Imagine working for a company where your manager
pats you on the back for leaving at 5 pm every day!
It’s not true
that the
longer you
work, the
more work
you will get
done.
Flexible work
hours and Job sharing can lead to increased retention
and productivity.
Organisations can quickly improve culture by focusing
on work output instead of hours of input.
If one is going to leave the office early, s/he should be
encouraged to go ahead and announce to co-workers
that s/he just closed a deal, completed the project well
before deadline, etc. and is heading for a candle-light
dinner with his/her spouse.
These actually motivate others to use the legitimate
working hours effectively and get maximum out of it.
January 2012 HRiday Veda P a g e | 7
Results are lower overhead cost, work-life balance,
improved productivity.
Have a “No Swearing” Rule
A "no swearing" rule is an excellent proposition the
essence being not swearing about or at co-workers or
customers. By cutting out swearing, discourse to
expression of thoughtful ideas is elevated instead of
base emotions. An environment where people swear at
one another can quickly turn toxic. The no swearing
rule can save organisations lakhs by avoiding costly
lawsuits where disgruntled employees/ customers (with
good reason) strike back. Also it creates a friendly and
open work environment where everyone enjoys work.
Cultivate Specialist Expertise
Imagine if each employee was an expert in what they
did; if, no matter how mundane their subject, they
could teach it with passion. The benefits to HR, the
company, and all employees would be profound. People
should be constantly encouraged to become experts by
having them research best practices in their field and
share those with their colleagues on a regular basis.
When employees start spreading the word about their
incredible work environment to their co-workers,
friends, and again when employees learn to do their
jobs better through continuous learning, it’s the best
advertisement a company can have for “Employer
Branding”.
Concern for people’s future
Line Managers/ HRs should have one-to-one sessions
with individuals and try to understand their long term
goals, and things they would want to accomplish, both
personally and professionally.
Armed with this information, they should be helped to
achieve those goals, even if the goals aren’t directly
related to the organisation.
If an employee tells you s/he wants to be a paraglider,
support them in taking their passion forward. This way,
in the time that they are with you, they’ll be loyal,
committed, and thankful for the support.
The results will be lower attrition and faith in the
Management.
Recognize Efforts, and reward appropriately
People don’t work just for money, but also for
recognition, so employees must not be deprived of this
vital form of compensation. They work to build the
January 2012 HRiday Veda P a g e | 8
organisation every day. As such, they should be given
specific words of gratitude when the occasion calls for
it.
Publicise achievements (both team and individual) and
reward meaningfully to motivate the individual and
others too.
These are a few ways that can be employed at any level and in any organisation at a low cost to improve culture
radically without employing costly change management exercises.
We hope reading HRiday Veda has been a time well spent! We would like you to reply back with your valuable
feedback about this issue. We are also open to your contribution for the future issues by way of articles, cartoon strips,
topic suggestions, and any relevant HR material which will benefit us as future HR managers.