Posts

Showing posts from April, 2021

THE PROS AND CONS OF WORK-FROM-HOME: WHAT HR LEADERS SHOULD KNOW

  elecommuting has been an ongoing trend that is likely to gain more popularity over the coming years. With COVID-19 compelling several organizations around the globe to make the changeover to remote work, more organizations than ever stand in the need of figuring out how to work virtually. There are many advantages and challenges of working from home. Many employees who have been told to telecommute due to the pandemic may have barely any experience doing as such, or possibly not for a long time. Whether you are just starting out as a telecommuter and struggling to be as productive as you were in your office or an HR professional sparing no effort to make this transition as smooth as possible for the organization and its employees, here is a quick rundown of working from home pros and cons for employees that you should be aware of before delving into the process. Pros of working from home 1. Work from anywhere anytime –  You are no longer constrained by a geographic area or c...

THE IMPORTANCE OF STAY INTERVIEWS TO MINIMIZE EMPLOYEE CHURN

According to a report, stay interview statistics show the median number of years that an employee stays with a company is 4.5 years. This is a rather dismaying figure, considering the amount of time and resources spent on training them. This presents the question: can an organization do something to retain its employees? Many companies use exit interviews to determine why their employees are leaving.. By that point, it is too late to prevent turnover and get them to stay. As an alternative to exit interviews, a stay interview is a valuable tool that managers can use to measure employee job satisfaction and address their concerns on an ongoing basis. This proactive approach should be taken especially when employees are considering pulling out of the organization. Human resource management even use stay interviews to improve retention. How stay interviews can improve employee retention Stay interviews have attested to be an effective employee retention tool over the years. Some of the be...

TOP TRENDS THAT LEADERS SHOULD KNOW ABOUT COWORKING SPACES

  Co-working spaces are a game-changer in the way offices are viewed. The traditional, rented or owned spaces with basic amenities, controlled environment are finding competition in co-working offices. What makes this a covetable option? Co-working spaces may have the reputation of being a fad. But they are here to stay. Co-working growth statistics are proof. Millennial are opting for career choices that have more meaning, fulfill their purpose and gets their creative juices flowing. They are breaking the 9-5 work hours, work for money bubble. When it comes to millennial their choice of work options include freelancing, work from home and more accountable and creatively challenging opportunities. They wish to control their own work life as opposed to simply follow instructions. Their choices of work lifestyle are reflected in the kind of spaces they choose to work in. Co-working spaces give their inhabitants an atmosphere that resonates to their personality. From vibrant ambiance ...

THE IMPORTANCE OF SUCCESSION PLANNING

  An indispensable part of doing business, succession planning is essential no matter how certain the future of your organisation appears. It is easy to postpone planning. After all, why worry when everything in the company’s going well right? Well that’s where you tend to be complacent and wrong. Succession planning should be an important part of your business plan right from the outset. It should be one of the first priorities because grooming future leaders takes time. No one is born a leader. People emerge leaders after battling tough circumstances and showing their mettle in the business world. Well, here’s why succession planning is important because who stays at the top won’t be there forever. You always need to groom the next generation. It isn’t possible to always plan for every disaster. No matter how comprehensive your plan is, you can’t really predict what might go wrong in the last minute. Even if there’s a 99% chance of things working out smoothly, there’s always that...

LEADERSHIP IN TIMES OF CRISIS

  Every company doesn’t always face smooth sailing, either in the long or short run. There are always some obstacles that firms run into. The latest crisis that has hit the world is Coronavirus, or COVID 19. This crisis has hit the globe so hard, that employees are now more or less confined to their homes, working from there. As a leader, it is quite natural to wonder how your team is coping with the global crisis that is necessitating social distancing in all forms, from school, and work. There’s no such thing as a normal or an abnormal crisis. Every crisis has to be tackled head on because it can quickly demoralise the team. As a leader you have to worry more about the team than the actual problem. Remember, it is the team that you can control, not the external issue. All crises test leadership capability , strategic thinking abilities and decision making. As a leader, you must be trained and equipped to tackle people and situations. Sometimes, the method employed by organisatio...

5 THINGS EMPLOYERS AND BUSINESSES SHOULD DO FOR EMPLOYEE WELFARE

  The Coronavirus scare, specifically the havoc wreaked by COVID-19, is evident throughout the globe. Daily, cases are rising and countries aren’t being able to keep up with the increase in patients. Well, in such cases, it is prudent that everyone takes ownership and starts acting accordingly. One of the ways the virus spreads is by contact. Hence, it is important to limit contact. The next issue is news. It is very difficult to ascertain what is correct and wrong, and there are plenty of rumours. These need to be addressed, and the truth needs to be out. Many cities worldwide have declared a shutdown. Schools, colleges and offices have been asked to close. People have been panic-buying essentials from supermarkets. In such times, employers and businesses will do well to take certain steps to make sure their workers are okay. Employee welfare should come above other organisational goals, at least for the time being. Well, here’s what employers can do for employee welfare while mak...