Siliconindia

Employees are the most important aspect of a business whose performance can make or break a company. It is important to keep your employees happy and there are many factors that play a key role in making the employees happy and motivated. With most of the companies anchoring their operations in metros and large cities, the process of getting in and out of the office is turning out into a major hurdle for many of the employees. The relentless traffic and growing number of vehicles makes the daily commute of an employee even harder. While changing times have led to an increase in the Travel Allowance or TA...Read More

Often referred to as the fortitude of any organization, HR operations contribute the most towards the success of it. Determining most of the organizational accomplishment, product value and customer satisfaction, the HR process remains the top concern for every establishment. Evaluating the current role of HR in service management, it cannot be denied that their role has been slowly changing from an administrative function to a business driver. However, sometimes it may become a tricky task to concentrate on Human resource activities while deviating from the core competencies of the organization. Outsourcing...Read More

Major technological advancements in the emerging technologies such as the big data analytics, AI, and ML, can significantly contribute to the human resource management market. For enhanced organizational performance, HR system has to be provided with innovative solutions from the technological side. The global HRM market is forecasted to reach USD 30.01 billion by 2025, registering a CAGR of 11 percent from 2019 to 2025. According to the global HR tech VC report for Q1 2019, there is a visible rise in the investment of HR related apps. On studying the HR market in India, by the year of 2021 it will amount to...Read More

Over the past few years, India has witnessed a sharp increase in the Recruitment Processing Outsourcing (RPO) segment and is mirroring global trends. Due to its advantages of providing quick-paced and cost-friendly solutions, large organizations mostly from the IT, financial services and the pharmaceutical verticals utilize these benefits that guarantee quality hiring. According to recent reports, over 70 percent of Indian employers are more likely to outsource recruitment functions either entirely or partially in the near future. Furthermore, it is said that while organisations can save 70 per cent of their...Read More

When a person recognizes that it is  natural to make inadvertent mistakes, that person is already set to learn from the mistakes and eventually grow to become a better person. Equally, when a person has some void in his/her personality, he/she can develop the necessary personality traits. However, most of the times people assume that personalities are intuitive and innate; it is unchangeable and stays within for a lifetime. This happens when people start measuring themselves with others which raises a sense of denunciation and catastrophic thoughts in them, leading to immature, underdeveloped and...Read More

Improving your workforce is a never ending goal for nearly all businesses. As we evaluate the present and peek into the future by the close examination of the latest workforce management trends, a common,theme throughout involves creating a better experience for employees, leading to more efficiency. The shift towards a better employee experience has been one of the biggest in workforce management. Companies are putting increased focus on their employees by engaging them more and making them feel like they’re an important piece of your business’s puzzle rather than a replaceable employee....Read More

A cross the globe, no matter the scale or industry type one is operating in, the quality of their workforce will directly impact organizational success. Workforce management or WFM, include the effective forecasting of labor requirements and create & manage staff schedules for accomplishing a given task on a timely basis. Managing workforce enables the business to get detailed insights into those business metrics that are similar to the exact number of employees needed to complete a given task in a specific time. This also helps in tracking the daily performance of the employees. As WFM market is...Read More

India’s pacing economy, its growing technology prowess and its rising middle class have made it a fierce competitor in the global war for senior executive talent. With the thriving current day innovation, various business leaders today are on the headhunt for the best talents, therefore propelling the recruitment industry to undergo immense transformations directly hinting at the emergence of exclusive executive search companies who specialize in finding the right talent for the right job role. Over the years these trends have refined, although there are challenges finding a diverse talent pool or...Read More

The background verification process has undergone sea changes since its inception decades ago. Started with the Indian counterparts of multinational companies, today most of the organizations in India regardless of their size have recognized the importance of background-checking candidates. Confronted with increasing instances of fudged data from job applicants, companies are forced to hire professional background verifiers who, in turn, combine to grow as a highly profitable industry. A study by the Global human resources consulting firm Randstad divulges that the Indian job market is poised to witness...Read More

With boosting up-scales in the BPO, IT & ITES sectors in India, employees today have gained the advantage of adapting to the global trends of corporate cultures that have demanded a complete reboot of infrastructural systems as well as the luxury of occupying sustainable work environments. This sustainability mirrors an employee-centred functionality that results in companies seeking to outsource specialized maintenance services to maximise worker-benefits ultimately augmenting organizational outcomes.  Clearly the quality of maintenance is also one among primary factors that influence and impact...Read More

Competitive compensation & employee benefits are the essential factors that entice & retain talent. While a greater salary range assists an organization to attract talent, benefits make a notable difference too. According to Glassdoor’s 2017 employee benefits guide, 57 percent of the respondents agreed that perks & benefits were one of the most important factors in their decision about a job. With the advent of emerging technologies, training has become an indispensable function for the employees along with the companies to survive. In fact, IT industry body NASSCOM says that 40 percent of...Read More

Being the fastest growing economyofthe world, India comprehends the importance of corporate training, mainly for SMEs and startup industry that have sprouted in the last few decades. The Indian corporate training market is presumed to reach Rs. 32 billion by 2020, according to Ken report. Currently, companies emphasize a lot upon skills like leadership, teamwork and communication through training but one aspect that they forget to spot is the development of creativity. Moreover, in today’s corporate world, the need of the hour is for smart thinking, swift action and effective people skills –...Read More