In the aftermath of the COVID-19 outbreak, many companies have been laying-off staff to stay in the reckoning. Most of the employees are sacked due to their companies’ need to keep their heads above water rather than performance issues.
Posts Tagged India
The COVID-19 outbreak has hit the global economy rather hard. The world has witnessed a tectonic shift in all aspects of human life - business or personal. The streets are deserted, the corporate hallways are empty, and life as we knew it has come to a standstill.
As the COVID-19 pandemic takes its toll across the globe, major world economies have begun to show signs of being under pressure due to the steep and sudden drop in economic activities.
In a matter of weeks, remote working has become a norm thanks to the COVID-19 pandemic which has virtually brought the world to a grinding halt.
In an interview with Nida Shahid - Associate Director - Advisory, SHRM India,
Trends such as increasing use of technology in hiring, social media recruitment, focus on employer branding, candidate experiences, looking at hitherto under-recognized potential, etc. have transformed hiring in 2019 and will continue to shape the hiring landscape in 2020. Let us take a look at these trends.
As we usher in industry 4.0, technological advancements are rapidly changing the face of the work, worker and workplace. The paradigm shifts in the business world are widening the skill gap and causing a talent crunch.
The Code on Social Security, 2019 tabled by the Labour Minister in the Lok Sabha recently, seeks to universalize social security benefits to all workers.
Lessons from stories of inspiration, relentless determination and winning despite all odds
When someone says ‘techie’, the image that most likely comes to mind is a Sheldon Cooper-ish male with glasses and a hoodie. We often associate women with domains like HR, PR, etc. and seldom with technology. This is one of the biggest stereotypes not only held by HR practitioners but society at large. This gets reflected in the statistics relating to women in tech as well.
"It’s All Politics: Winning in a World Where Hard Work and Talent Aren’t Enough"-is the title of a book by Kathleen Kelly Reardon, PhD.
The rapid advancements in the technology and communication have ushered in a digital age that is enabling businesses to revolutionize how they function, enhancing their product/ service to meet the needs of the customers, transform employee experiences and so on. One of the main enabling factors is the voluminous data that is allowing businesses to engage in analytics and derive deep, actionable insights.
Data in the digital era
Business and its every facet have changed in leaps and bounds over the past decade or so. Business success was earlier tied only to product/ service optimization in the context of large investments, long timeframes and higher risk associated with investments. Changes (whether to improve the product or the process) could not be made suddenly, not without heavy losses and higher risks. Data from the past history and otherwise was limited and was only used for future predictions.
HR is a field that has always generated large volumes of data. For instance, candidate profiles, recruitment data, career progression data, personal development and review data, appraisal data, employee engagement data, etc. With the rapid advent of technology, it is even possible to analyze and leverage data from social media profiles, emails and so on too (apart from the traditional means) to understand employee sentiment and gather other such insights.
The recently announced interim budget was a highly anticipated one. Riding on the wave of the upcoming election, it was touted to be a populist budget giving in to the wishes of the Indian electorate. Media channels and publications predicted that the interim finance minister Piyush Goyal would give a budget speech with the flavour of an election speech.
One of the many terms that have gained importance in the past few decades in the area of learning and development is Instructional Design. In the simplest of terms it means development of training material and experiences that enable a person to learn. The creation is not a simple process of developing content. There are principles that have to be applied to ensure that the material is impactful, relevant and applicable. The end goal of learning has to be met, but within a certain time-frame.