Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
February 12, 2025
HRM Best Practices in Contemporary Organizations Contemporary Organizations embrace a variety of HRM or Human Resource Management Practices. These include mandatory leaves, weekends off, variable pay, company provided transport, fun and entertainment activities, handsome bonuses as well as subsidized food and other aspects. Western Transnational corporations first introduced these practices in response to the emerging […]
Employee Development refers to steps taken by an organization to enhance the skills of an employee and motivate him/her to acquire new knowledge and leanings. Employee development activities upgrade an individual’s existing knowledge, sharpen his/her skills and also prepare him/her to take up new opportunities in the future. As a result of trainings and employee […]
Employee Stress is negatively correlated to their work performance. In short, more the level of stress, lower is the performance. It was conventionally perceived that reasonable levels of stress would boost the employees and improve their work performance. But this perception no longer holds true. Today it is believed that even a little bit of […]
Variable Pay – Then and Now The practice of linking pay to performance has been around for a while. However, what’s new is that the percentage of pay that is linked to performance and the way in which the same is structured around different components of performance is new. We all know about the system […]
The Opportunity Canvas Analysis is a Framework or a Model for Entrepreneurs created by the famous management expert and bestselling author, James Green. In his book by the same name, Green describes how entrepreneurs can anticipate market demand for a new product, determine the market conditions and the industry characteristics, and then motivate themselves to […]
Effective designing and implementation of workplace safety programs can minimize the loss and damage caused to persons and property by eliminating the risk of industrial accidents. In addition to it, the employee safety programs can result in substantial cost savings, increased productivity and establishing harmonious relations with workers.
For designing effective safety plans and implementing them requires thorough analysis of workplace conditions and determining the level of protection required.
The degree of protection depends upon the degree of risk involved in any job. For example, people working in mines require more safety that those working in a BPO. It also depends on the kind of job the person is engaged in. Sales personnel may require higher level of protection than the one in any administrative job.
Workplace safety programs are not only effective in eliminating the risk of damage caused to person but is also an effective tool in retaining the existing and attracting new talent from the industry. Who doesn’t want a safe and healthy work environment? Around 90 percent of working professionals seek safety at workplace rather than a fat package.
Organizations can reduce the risk of accidents at workplace by identifying the level of risk, modifying the already existing policy and implementing it effectively. For this, it needs to design proper and efficient management programs to improve physical environment employee assistance programs to help them diagnose and treat their stress-related problems.
Here is a mention of few workplace safety programs that are implemented by top-notch organizations to ensure workers’ physical and mental safety:
It is considered as one of the major steps to control occupational health hazards and treat them before they become worse. In addition to this, it helps managers in rehabilitating the employees by redesigning their jobs in order to eliminate the further damage to their health.
We all must have heard of a simple phrase, “Health is Wealth.” This is true for individuals as well as organizations. Understanding, developing, implementing and evaluating workplace safety programs not only helps individuals in maintaining their health but also helps organizations in retaining their resources.
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