Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
April 3, 2025
What is Corporate Corruption and how pervasive it is? While we are all aware of corruption in the governmental and public sector entities, the lesser reported aspect of corporate corruption is something that does not yet get the coverage and attention it should. This is because unlike corruption in other spheres and walks of life,…
The Pervasive Use of AI Powered Recruitment Tools Increasingly, many large and medium sized as well as small businesses are turning to AI or Artificial Intelligence powered algorithms and software in their HR or Human Resources processes. Whether it is recruitment where AI driven software “parses” through the mass of resumes in a jiffy and…
The Reasons for Attrition In recent months, there has been a spate of news items about how attrition is taking its toll on many organizations in Asia and especially in the IT sector in India. Whereas in the west, because of the recession and the gloomy economic conditions, attrition is no longer an issue and…
In these tough economic times, layoffs have become common in the United States and in Europe and the trend is spreading to all over the world. Therefore, the chances of being laid off from your job are increasing and hence, there a few things to do if you are laid off from your job.
In other words, look out for the warning signs, prepare yourself, and take steps to minimize the risks associated with layoffs. These steps include making your resume attractive, not taking on fresh loans and debts, and generally, prepare your family members for hardship even before you are laid off.
Apart from this, it is common for the governments to provide for unemployment benefits and therefore, you must budget your expenses in such a way that you and your family can manage for at least six months of unemployment.
The other aspect that is important is that as far as possible; negotiate a good severance package for yourself in case you are laid off. If you are higher up the hierarchy, chances are that your employer would give you a severance package that includes benefits for at least six months of employment. In case you are lower in the hierarchy, ensure that you get at least two to three months of benefits as your severance package.
Remember that in these times, layoffs have become commonplace and therefore, forewarned is forearmed which means that be prepared for any eventuality.
By making yourself valuable and indispensable you can ensure that, your chances of being laid off are reduced and even if you are laid off, you can find yourself another job in a smooth transition.
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