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COVER
STORY
Boomerang
Recruitment : A Strategic Tool for Rehiring Exceptional Talent
-- Rashmi Joshi
As the need for qualified employees grows incessantly
in the increasingly competitive market space, many businesses
find that their employees are enticed by offers of higher
salary, greater benefits, improved stock options and the promise
of a distinctive corporate culture. In view of the consequent
attrition that is often a major setback to a company on various
fronts the practice of rehiring former employees is fast catching
on to recall exceptional talent, especially when the organizations
face a severe shortage of trained, skilled personnel.
© 2008 IUP . All Rights Reserved
COVER
STORY
Recruitment
Dynamics
-- Manishankar Chakraborty
Recruitment has metamorphosed from a peripheral to a central
activity of an organization. The emergence of knowledge sectors,
coupled with novel HR practices, is giving a new shape and
dimension to the recruitment landscape. Even though there
has been lot of positive changes in this sphere, still there
is a need for a holistic approach which can, to a large extent,
bridge the rural-urban divide amongst the Indian populace.
The article provides insights into the area of recruitment
and a roadmap for the inclusive growth.
© 2008 IUP . All Rights Reserved
COVER
STORY
Recruitments
in Companies : Changing Times
-- Kiran Kumar
Employers
are becoming demanding about the kind of talent they recruit
in this fast-changing scenario. They are no longer willing
to spend time on training employees if they don't measure
up. This article sheds light on the dramatic changes in the
hiring strategies witnessed in the past decade.
© 2008 IUP . All Rights Reserved
COVER
STORY
Recruitment
: Emerging Trends
-- Tanushri Banerjee
To
become a recruiter by profession it may take years, but an
early start is what the industry actually looks for. This
article highlights the functions and the requirements of recruitment
or an executive search firm in today's world.
© 2008 IUP . All Rights Reserved
WORKPLACE
ISSUES
The
Changing Role of Rewards at the Workplace
-- M Subramanya and D Anand
This
article deals with the changing role of rewards at the workplace
in the liberalized economy. It also establishes the growing
importance of rewards in today's organizations and supports
reward strategy as a tool for recruitment and retention of
employees.
© 2008 IUP . All Rights Reserved
HR
CHALLENGES
Aging
Workforce : The Present and the Future
-- Manisha Sharma
The
sharp decline in birth and death rates of several nations
has opened the way to study a new workforce market, i.e.,
grey market. `Grey market' workforce refers to the aged population
whom the corporates look at as their future employees. Several
Asia-Pacific nations like China, England and Australia are
already facing this scenario. And India will be no longer
an exception to this.
© 2008 IUP . All Rights Reserved
HR
CHALLENGES
Technology
Interface with Human Resources
-- Mary Ipe
IT increasingly plays a key role in people development
with HR departments making the best use of their systems for
storing, organizing or disseminating information to their
employees. This article looks at the interface between technology
and HR, HR innovations such as HRIS, HR portals, Employee
Self-Service and Software Collaboration. It concludes with
pointers that firms need to be aware of while selecting software
applications and solution-providers.
© 2008 IUP . All Rights Reserved
GENDER
ISSUES
Working
Women : Wake-up Call
-- Shruti Murthy
Empowerment
of women is not for self-sufficiency but to establish womaness
as warmth, love and understanding. Today, women have started
taking up jobs at all levels and sharing responsibilities
of the male bread-earners. They are now much more educated
and have been enjoying comforts and amenities. The new era
must hold empowerment of women as its prime target. So, working
women, wake up!
© 2008 IUP . All Rights Reserved
HUMAN
DEVELOPMENT
A
Relook into the Measurement of Human Welfare and Happiness
-- Deepika MG
It's
intrinsic to human nature to acquire more wealth which is
generally presumed to be directly related to the happiness
we experience. Would a higher Gross Domestic Product, Prosperity
Index or even Human Development Index be a sufficient indicator
of the well-being of the citizens amidst growing inequality,
intolerance, rising terrorism or a degrading environment?
What better measure could be developed so that the indicator
directs the governments to work out better policies for better
quality of life?
© 2008 IUP . All Rights Reserved
RETENTION
The
7Ps of Employee Retention
-- Komarraju Venkata Vinay
Today,
more than ever, one of the major challenges faced by an organization,
big or small, is retention of its employees. With employee
turnover on the rise, organizations are taking every measure
possible to `plug' this hole. It so happens that at times,
companies use a square peg for a round hole and vice versa.
As a result, the problem persists.
© 2008 IUP . All Rights Reserved
ORGANIZATIONAL
DEVELOPMENT
Integration
is the Key
-- Akinchan Buddhodev Sinha
United
we stand, divided we fall is a proverb about which we probably
don't know when it was born but one thing we definitely know
is that it holds tremendous importance in our daily life whether
it is professional or personal. Nowadays, we all try to achieve
success in our endeavors, especially in our careers, either
individually or we try to take the credit even if there has
been group participation in achieving that success. Both are
harmful as unless and until we don't join hands together and
work like a team, it will be extremely difficult for us to
sustain in this fiercely competitive market.
© 2008 IUP . All Rights Reserved
OUTSOURCING
Sports
Process Outsourcing : An Emerging Sector
-- R Veena
Sports
technology helps the professionals win the game. Video/performance
analysis is an area of sports technology that helps the coaching
process by providing statistical and video information. Research
has shown that providing athletes/players with accurate feedback
based on systematic and objective analysis, helps in improving
their performance. Just like the software industry, India
can be a good source for providing competent yet cost-effective
video analysis for various teams in different sports. This
article discusses Sports Process Outsourcing (SPO), its benefits
and also explores the various dimensions of SPO.
© 2008 IUP . All Rights Reserved
CASE
STUDY
HRD
Climate in Indian Organizations : A Study in a Few Selected
Units of West Bengal
-- Pradyumna Kumar Tripathy
It is being realized that an organization can have competitive
advantage by leveraging its human resources. This can be achieved
through sound HRD practices. HRD is all about building three
Cs-Competencies, Commitment and Culture. All the three are
needed to make an organization function well. An optimum level
of `development climate' is essential for facilitating HRD
in an organization. Organizations differ in the extent to
which they possess a sound HRD climate. This Case Study discusses
the degree of HRD climate in three different organizations
in West Bengal and attempts to make a comparison between these
organizations.
© 2008 IUP . All Rights Reserved
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