Common Resource Pool Model of Human Capital Management
Human Capital Management is defined as a process that ensures the right candidate is hired for the right job, trained form time to time, managed well and also retained in the organization. Human Capital management makes the best possible use of skills...
The Challenges of Recruiting and Onboarding Remote Employees in Virtual Workplaces
The Recruitment and Onboarding of New Employees in Virtual Workplaces With much of the corporate world operating virtually and where WFH or Work from Home is the New Normal, HR (Human Resources) personnel find it challenging to conduct regular HR work in...
Ethical Considerations in Competency based Assessments
Assessments of any kind have a bearing on the careers of the individuals hence when assessments are carried out certain ethical considerations should be taken care of: Assessments are conducted for several purposes in the organization, whatever the purpose is, it needs...
Overview of Competency Framework and its Benefits
A competency framework is a comprehensive structure which describes different competencies with its specific set of behavioral indicators and measurement criteria. Most of the organizations have their own distinct set of competency framework which is in alignment to their visions and mission...
Some Things to Consider When Choosing Off-Beat or Non-Mainstream Careers
Career Options in Our Parents and Grandparents Generations In our grandparents and parents generations, it was the norm to choose careers that offer job security, preferably life-long employment, and those that provided pension and other benefits. Indeed, such was the lure of...
Transitioning From College to the Corporate World: Challenges and Approaches
The Real Learning Is Outside the Classroom Management professionals usually attend engineering and business schools as part of their education and progression into the corporate world. while engineering and business schools prepare them for the real world where challenges abound and where...
The Challenges of Designing Effective Compensation Plans
Designing Compensation Plans that are Fair and Reflect the worth of the Employees Jobseekers and aspiring and working professionals as well are usually curious about their employers design compensation plans. Indeed, given the fact that we all work for money as well...
Achieving Competitive Advantage through Talent Management
Organizations work towards the achievement of their mission and strategic objectives. This requires a thorough understanding of the resources required for achieving the same. Resources here imply financial and non financial both and they are equally important and interdependent. Technically these resources...
The Challenges of Managing Attrition in Contemporary Organizations
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...
Competency Ice-Berg Model – Meaning and its Components
The iceberg model for competencies takes the help of an iceberg to explain the concept of competency. An iceberg which has just one-ninth of its volume above water and the rest remains beneath the surface in the sea. Similarly, a competency has...
