Research is increasingly pointing out to the growth of the alternative workforce, both out of choice and necessity are gaining momentum. However, simply transitioning to the gig way of work as a measure of cost control can bring with it many new challenges which in the long run will cost organisations dearly. thought, once you are ready, the question is how can HR prepare for a smooth implementation of a gig workforce?
Inadvertently, the COVID-19 pandemic has forced us to rethink our work cultures, workspaces, and work relationships. It has laid down the foundation for a new ecosystem. While there is no one-solution-fits-all approach, HR needs to start thinking about things cohesively. And here are a few pertinent questions that will help to broadly outline some of the top priorities for HR teams as we come out of lockdown.
While we have already made a strong case for flexi-working in one of our earlier blogs, we have come across several fresh perspectives and concepts as well, that are being successfully implemented across the globe. Flexi-work, when implemented with a proper structure and accountability, can save a lot of costs and efforts for the company, and at the same time keep employees happy. Here are five fresh flexi-work arrangements you can consider…
Writing a job description is one of the most basic HR functions. With a little thought, you can put together an appropriate job description to bring a wide range of highly talented candidates into the pipeline. Unfortunately, most often than not, job descriptions are out of date, and not changed at all once formulated, or are all too vague, or do not address the main requirement directly. Here are 6 tips that will enable you to write a good JD…
The difference between a well-trained employee and one who isn’t can cost your business dearly. Bridging the skill gaps is critical to employee and employer success, and identifying them correctly is the first step. Right diagnosis of the skill gap is far more important than the training itself. It not only optimizes costs but also gives a hefty return on training investments.
Flexible work options or flexible-work may be ideal in today’s scenario. So now, several companies are considering flexible work policies to the changing times. Yet, there is hesitancy as it is still a new concept, and there’s a huge gap between expectations and execution. Here are some ways you can ensure a flexible option works for your company:
Talent development is most effective when various initiatives are plugged into each level in the hierarchy, thereby ensuring talent readiness at all levels. Irrespective of the talent requirements of your organisation, these 6-must-have talent development initiative can help every organisation ensure effective implementation of their talent strategy…
Today organisations need to focus on capability building rather than only training, if an organisations want to drive their growth agenda. Here are some guidelines that you could follow.
On a fundamental level, the HR budget is a great way to reinstate and reinforce HR function as a strategic arm of the organisation. Our experience tells us that if HR budgeting is done with a genuine intent and focus, there will be a clear impact on the bottom line as engaged employees will give in their best to achieve business goals. If you are looking at ways to make the most of your HR budget this year, reach out to us – contact@yellowspark.in
Unlike some of the other business assets, if managed well, the human assets or the human resource of your company have the potential to constantly appreciate and yield multi-fold returns. All it takes is for the leadership team to integrate the human resource strategy in business strategy.
