Corporate Corruption and the HRM Function: Legal, Ethical, and Moral Perspectives
February 12, 2025
Organizational career development process includes both individuals and institutions. Individuals plan their own careers whereas institutions or organizations manage the careers of the employees. Career planning by an individual includes several sub processes such as occupational choices, organizational choices, job assignment choices and career self-development. While the major sub processes of career management by organizations […]
Individuals in an organization form its vital resource and must be valued, nurtured and retained. Employees are the most valuable assets and truly the backbone of an organization. Every employee in his/her own way contributes towards the success or failure of an organization. Without employees in an organization, even the most powerful machinery with the […]
Train the trainer refers to upgrading existing knowledge and honing skills of individuals who further train people. Remember, there is no end to learning. No one is perfect and there is always a scope for improvement. Training people is no cake walk and you really need to be absolutely prepared to handle even the minutest […]
The time of the year when managers and employees alike look forward to is the Appraisal season where they are judged and ranked on their performance over the last cycle. While some organizations have half yearly appraisals, others have yearly appraisals and the timing depends on how the organizational HR policies view the process of […]
What is the Social Mirror and why does it Matter? In HRM (Human Resource Management) theory, there is a term called Social Mirror which is used in the context of how an individual’s upbringing, immediate environmental forces, peer influences, and societal perceptions play a major role in determining his or her career progression and success […]
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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