Monday, August 16, 2010

Human Resources Taking New Directions

By : Tony Jacowski

Some theories that were once thought to be too unfeasible or unrealistic to be practiced, have been efficiently incorporated into the work culture today. A few of these are listed below.

More Than Formal Learning

Experts agree that learning should not be confined merely to classrooms but, in a break with traditional thinking, should be based on experiential training as well. In other words, experimental learning and training should be encouraged since it not only helps to promote team efforts but also enables the team to move towards business goals and objectives efficiently.

A Different Approach To The Compensation Issue

Popularly known as the cafeteria approach, this is a refreshing break from the routine fixed salary that used to be the norm of every organization. With the introduction of the new concept called the CTC, or cost to the company, both employer and employee find themselves in a winning situation.

Since it's the employee who gets to structure his compensation package with the options provided; CTC leaves absolutely no room for any complaints regarding financial issues.

The end result is that both parties are satisfied.

Building Bonds

Merely attracting candidates is not the primary area of focus in Human Resources today. Retention of employees is also vital. Since employees today believe in the concept of working to live (rather than vice versa), it is mandatory that companies also concentrate their efforts on establishing informal interactions and relationships with them.

Goals can be achieved only when a strong bond exists between employees and with the organization simultaneously.

The Concept of FlexTime

Earlier, companies usually refrained from adopting flexible time practices due to common misconceptions of fixed work schedules and "face time". In reality flextime, if practiced efficiently, can prove to be rather beneficial because it offers employees the flexibility to complete their duties effectively and have schedules that work for them personally.

Although flextime refers to the adjustment of working hours with a view to meet employees' needs, it does not in any way indicate compromising the quality work.

The Advantages of Telecommuting

Thanks to the latest technological advances, it is now possible to allow employees to work from home, rather than be in the office all day. This is a boon for people who are more productive and effective when they operate from their homes. Telecommuting is an ideal solution for jobs that do not require direct interaction with customers, or if a company does not want to pay for unnecessary expenses such as renting extra office space or installing new phone and computer lines.

Other HR practices such as outsourcing, contracting, temp staffing and competency mapping are now pursued actively by majority of corporations, since they are very economical, efficient and beneficial to employees.


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