MBA 23 HRM PRACTICE

  Work from Home during COVID-19 Pandemic   source:click time.com The COVID 19 global pandemic is an unprecedented health crisis that has led to emerge changeable novelties in the world. The whole world is experiencing an unimaginable effects of the pandemic. Since the COVID-19 pandemic is a health crisis, social distancing measures were implemented by governments in many countries all over the world to mitigate the spread of the virus. Hundreds of millions of people have lived through lock downs by altering every aspect of work and life. In response to the social distancing rules and regulations organizations and institutions were encouraged by governments to work remotely at home to stay safe and to ensure the continuity of economic activities.   Even before the COVID-19 outbreak the concept of “working from home” (remote work, flexible workplace, telework, telecommuting, and e–working.) was routine for millions of people in Europe and the USA. But the nature of...

  Cost Reduction under Pandemic Pressure       Figure 1: cutting business cost   COVID-19 outbreak is an unprecedented health crisis that has strongly shaken the whole world by prompting the World Health Organization to announce it as a global pandemic. The outbreak of COVID 19 has led to a serious slowdown of all economic activities all over the world with the experience of great uncertainty and risk. Hence the pandemic is a health crisis it has led to create an existing VUCA environment more complex and more challenging for human resource management (HRM) practitioners. The pandemic has immensely changed the operating patterns of organizations as employees work from home. Although most of the service sector organizations is being dealing with the concept of work from home with the support of information technology, labor-oriented manufacturing organizations drastically experiencing the negative effects of the pandemic.    Cost reduction i...

  Welcoming New Employees through  Induction Program An employees’ first impression regarding an organization have a significant impact on their integration within the Organization. Mostly, starting a new job becomes stressful experience and newly recruited employees need to feel comfortable in their new work environment and it enables to become more productive as possible over a short period. Induction is considered as a great opportunity for an organization to welcome new recruits, to make them feel at home, valued and generate a feeling of belongingness to the organization.   What is an Induction? As defined in Armstrong’s handbook (Armstrong, 2014) “Induction is the process of receiving and welcoming employees when they first join a company and giving them the basic information they need to settle down quickly and happily and start work.” Simply, the process of induction support new employees to adjust to their new roles and work environments. According to th...

The Future of Employee compensation                               Figure 1 : Compensation benefits The world of work as we see it, is evolving to become a space where the value of each human contribution in professional and service capacities is valued and entitled to compensation. That is why it is of timely importance, to pay more attention to the future of compensation and the associated paradigm shift. Defining Employee Compensation The simplest of definitions to employee compensation entails providing employees with base salary, wages, incentives and/or commission in exchange for the financially quantifiable services they provide. However, this traditional definition is changing with the introduction of rights and entitlements of the employees and with the advent of service automation and AI-based technologies. On the one hand, the globally recognized standards and conventions have succeeded in asserti...

  Digital ization of traditional Human Resource Management Practices                  figure 1: Digital transformation - platform T echnological revolution, leaded by globalization, has changed the nature of competition in VUCA environment (Volatile, Uncertain, Complex, Ambiguous). Digitization is one of the major outcomes of the technological revolution. (Tripathi and Kushwaha, 2017) strongly recommended that organizations to bring forward digitization in the HRM practices, or digital transformation of HR practices has become a significant trend in present. Digital HR is the process that transform traditional HRM practices from paper-based, reactive and time-consuming to digital-first, mobile and optimized through the use of social, mobile, analytics and cloud (SMAC) technologies. Examples of digitizing HR processes include: ·           Self-service application Process - Completion of job ...

  Post-Covid Resilience with Agile Workforce Strategy   As the most unprecedented health crisis in the recent history, Covid-19 pandemic ushered a unique set of challenges that forced traditional-minded employers to embrace more agile strategies like mainstreaming project-based work and remote work environments. As the business continuity planning gained more prominence in the new normal, more resilient strategies had to be adopted to make the maximum out of the existing workforce while managing the rapid economic downturn that affected most businesses. While newer industries like software development, telecommunication, fast-food restaurant chains and even apparel manufacturing had already adopted agile workforce strategies in project-based work setups, many other large-scale industries were caught off-guard with glaring inadequacies of proper strategies in place to counter the challenges posed by Covid-associated travel and other restrictions. 79% of executives of repute...