Post Recession Challenges of HR Office
Attract Talent
Before recession, young graduates were on a rush to get a job in IT. Now they (or their parents) are thinking twice before joining IT. Why state service selection boards are getting more applications? Why more aspirants for Non-IT sector jobs? Why parents do not prefer groom working in IT for their daughters? Why house owners are reconfirming “Are you in IT”? Answers to these will lead to the inconsistency in IT sector. So it is critical for HR to strategize plans to attract talent in the coming days.
Solution:
Conduct road shows (offline/online) to promote company and promoters. Start online groups and represent in social networking forums. Try to empathize with laid off workforce. Initiate product training or training cum placement programmes
Manage Attrition
Capital flow is improving, Stock market is going green, Employers are removing freeze on hiring. For the last so many months, recruiters were in deep agony - literally no business. Now the time is up for poaching, obviously many of your employees would be in their hit list. Employees in enrichment /recession schemes, dissatisfied with no promotion and incentives can be their target.
Solution:Start HR Counseling, Employee Surveys, Open Forums etc.
Solution:Try to provide more visibility in performance management processes. Link performance to compensation and benefits in a realistic manner and make it transparent.
What do you think, please come up with your suggestions
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