Posts

Showing posts from April, 2023

Acquisition/Recruitment of perfect talent to the organisation

Image
  Figure 1; talent-acquisition-and-people-flows What is Recruitment? The process of searching for the best candidates and attracting them to consider job offers is regarded as recruitment (Cole, 2005; Bhupendra and Swati, 2015). Further based on the size of the organisation complexity of this process will vary. Some institutions using outsourcing teams to search talent and some are hired Recruitment mangers to serve this purpose.   Importance of recruitment process People factor in an organization is the key for success and it has the highest competitor advantage in the long run. Since the competitors could imitate the products and quality easily people factor is very hard to imitate. This has therefore made recruitment process a human resource strategy that can determine the fortune of an organisation, because, getting high-quality talents and competent workforce is a key source of sustainable competitive advantage ( Hiltrop, 1999 ; Bondarouk et al., 2014 ). Apart ...

Retention of employees a key for organizational success

Image
Figure 1 ; employee-retention Employee retention is a main debate over the last few years due to the world wide spread of Corona Pandemic and the following the collapse of emerging economies. However, companies who were able to retain their talented and well experience employees are showing their resilience at present. Several researchers have cited their view on this as follows, Hytter (2007) explained that there are some factors such as personal premises of loyalty, trust, commitment, and identification and attachment with the organization have a direct influence on employee retention and workplace factors such as rewards, leadership style, career opportunities, the training and development of skills, physical working conditions, and the balance between professional and personal life have an indirect influence. Davies et al (2001) Compensation to top workers is given by every organization but very few organizations uses it strategically. They said that “Salary and benefits policies...