HRM January-17
HRM January-17
HRM January-17
The Industrial Disputes Act, 1947, recognizes the right of workers to form and join trade
unions and provides a legal framework for collective bargaining. It allows for the registration
of trade unions, and once registered, the trade unions can engage in collective bargaining on
behalf of the workers they represent.
While collective bargaining is legally recognized in India, its practice and effectiveness vary
across different industries and regions. Some sectors, such as banking, railways, and public
services, have well-established collective bargaining mechanisms, with trade unions actively
negotiating with employers. In other sectors, particularly in the informal economy and small-
scale enterprises, the coverage and effectiveness of collective bargaining may be limited.
Several factors can influence the status of collective bargaining in India, including the
strength and organization of trade unions, the attitude of employers towards collective
bargaining, the level of unionization, and the economic and political climate. Additionally,
industrial relations practices can vary between states, further impacting the status of
collective bargaining.
It is worth mentioning that since my knowledge is not up-to-date, there may have been
changes in labor laws or developments in collective bargaining practices in India. For
accurate and current information, it is advisable to refer to the latest labor laws, regulations,
and official sources or consult experts in labor relations and Indian employment law.
Ques.1 (b) Causes of indiscipline.
Indiscipline can arise due to various factors and circumstances. Here are some common
causes of indiscipline:
It's important to note that the causes of indiscipline can vary depending on the context,
whether it is within an organization, educational institution, or society as a whole.
Addressing these causes requires proactive measures such as effective leadership, clear
communication, fair treatment, motivation strategies, healthy work environments, conflict
resolution mechanisms, and consistent enforcement of rules and consequences.
Ques.1 (c) Different approaches to Industrial relations.
There are several approaches to industrial relations, which represent different perspectives
on how employment relationships should be managed and how conflicts between employers
and employees can be addressed. Here are four prominent approaches to industrial
relations:
It's important to note that these approaches represent theoretical perspectives, and in
practice, industrial relations can involve a mix of these approaches. Additionally, different
countries and contexts may emphasize certain approaches more than others. The choice of
approach depends on various factors, including cultural, legal, and historical contexts, as well
as the prevailing economic and political ideologies.
Ques.1 (d) HR Score card
The HR scorecard is a strategic tool used by organizations to measure and evaluate the
effectiveness and impact of their human resources (HR) functions. It is a performance
measurement system that aligns HR activities with the overall organizational goals and
objectives. The HR scorecard provides a framework for tracking and assessing HR's
contribution to the success of the business.
The HR scorecard typically consists of a set of key performance indicators (KPIs) that are
directly linked to the strategic objectives of the organization. These KPIs can cover various
areas of HR, including recruitment and selection, training and development, performance
management, employee engagement, retention, and overall HR effectiveness.
1. Employee turnover rate: Measures the percentage of employees who leave the
organization within a given period. It indicates the effectiveness of HR practices
related to talent attraction, retention, and engagement.
2. Time to fill vacancies: Measures the average time taken to fill open positions. It
reflects the efficiency of the recruitment and selection process.
3. Training and development investment: Measures the amount of resources
allocated to employee training and development initiatives. It indicates the
organization's commitment to building employee skills and capabilities.
4. Employee satisfaction or engagement surveys: Measures employee satisfaction,
engagement, or commitment levels through regular surveys. It provides insights into
the overall employee experience and the effectiveness of HR policies and practices.
5. Performance management effectiveness: Measures the extent to which
performance goals are aligned with organizational objectives and the effectiveness of
the performance appraisal process.
6. HR service delivery metrics: Measures the efficiency and effectiveness of HR
operations, such as response time to employee inquiries, accuracy of payroll
processing, and HR process compliance.
7. Diversity and inclusion metrics: Measures the representation of diverse groups
within the organization and the effectiveness of diversity and inclusion initiatives.
8. HR cost metrics: Measures HR expenses as a percentage of overall organizational
costs or as a ratio to revenue. It assesses the cost-effectiveness of HR operations.
The HR scorecard serves as a tool for HR leaders and executives to monitor and evaluate the
impact of HR practices and initiatives on the organization's strategic objectives. By tracking
and analyzing the KPIs, organizations can identify areas for improvement, make data-driven
decisions, and align HR strategies with the overall business strategy.
Ques.2 (a) Describe various steps involved in selection process. Explain
any two selection methods.
The selection process in a large-scale organization typically involves several steps to ensure
that the most suitable candidates are hired. Here are the general steps involved in the
selection process of employees in a large-scale organization:
1. Job Analysis: The first step is to conduct a thorough job analysis to understand the
requirements, responsibilities, and qualifications for the position. This helps in
developing accurate job descriptions and specifications.
2. Candidate Sourcing: The organization utilizes various channels to attract potential
candidates, such as job portals, social media platforms, employee referrals,
recruitment agencies, and career fairs. Sourcing methods may vary depending on the
organization's recruitment strategy and available resources.
3. Screening of Resumes/CVs: The received resumes/CVs are screened to shortlist
candidates who meet the minimum qualifications and experience required for the
position. This initial screening helps in narrowing down the candidate pool for further
evaluation.
4. Preliminary Assessments: Selected candidates may be required to undergo
preliminary assessments such as online tests, aptitude tests, or psychometric
assessments to assess their skills, abilities, and compatibility with the job
requirements.
5. Interviews: Candidates who pass the preliminary assessments are invited for
interviews. Large-scale organizations often have multiple interview rounds, including
telephonic interviews, video interviews, and face-to-face interviews. These
interviews are conducted by HR personnel, hiring managers, and sometimes senior
executives.
6. Assessments and Exercises: Depending on the nature of the role, candidates may be
asked to participate in assessments or exercises such as group discussions, case
studies, presentations, role plays, or technical tests. These exercises assess their
problem-solving abilities, communication skills, teamwork, and other relevant
competencies.
7. Background Verification: Selected candidates undergo a thorough background
verification process to verify their educational qualifications, employment history,
references, and any other relevant information provided in their application.
8. Final Selection: After evaluating the performance of candidates in interviews,
assessments, and background verification, the organization selects the most suitable
candidate for the position. This decision is typically made by the hiring manager or a
panel of interviewers.
9. Job Offer: The selected candidate is extended a formal job offer, which includes
details about the position, compensation, benefits, and other terms and conditions of
employment. The candidate may negotiate the offer, and upon mutual agreement, a
formal offer letter is issued.
10. Onboarding: Once the candidate accepts the job offer, the onboarding process
begins. This includes completing necessary paperwork, providing orientation and
training, and facilitating the integration of the new employee into the organization.
It's important to note that the selection process may vary across organizations based on their
specific requirements, industry, and recruitment policies. Large-scale organizations often
have well-defined and structured selection processes to ensure a systematic and objective
approach to hiring the best candidates for their workforce.
Certainly! Let's delve into the various selection methods in more detail:
It's important to note that organizations may use a combination of these selection methods,
tailored to the specific job requirements, industry practices, and available resources. The
selection methods aim to gather comprehensive information about candidates, assess their
capabilities, and make informed hiring decisions based on objective and fair evaluations.
Ques.2 (b) What is need for training? Discuss various types of training
methods with example.
The need for training arises from the recognition that employees require additional
knowledge, skills, or competencies to perform their jobs effectively and meet organizational
goals. Here are some key reasons why training is necessary:
It's important to choose the appropriate training methods based on the nature of the content,
learning objectives, audience preferences, available resources, and the desired level of
interactivity and engagement. A combination of various training methods often yields the
most effective results.
Ques.2 (a) What are the strategic decision to be made by and
organization before going for recruitment? Explain each decision with
example.
Before embarking on the recruitment process, organizations need to make several strategic
decisions to ensure an effective and successful hiring process. Here are some key decisions
that organizations should consider:
By making these strategic decisions, organizations can streamline their recruitment process,
attract suitable candidates, and increase the likelihood of hiring the right talent that aligns
with their organizational goals and values.
Ques.2 (b) Define ‘Incentives’. Discuss in details the various types of
incentive schemes that can be used to motivate employees.
Incentives refer to rewards or benefits offered to employees in order to motivate and
encourage desired behavior, performance, or outcomes. These incentives can be financial or
non-financial in nature and are designed to recognize and reward employees for their
contributions to the organization. The use of incentives aims to increase employee
motivation, engagement, productivity, and overall job satisfaction. Here are various types of
incentive schemes commonly used in organizations:
1. Monetary Incentives:
Performance-based bonuses: These are one-time payments awarded to
employees based on their individual or team performance against
predetermined targets or objectives.
Sales commissions: Commonly used in sales roles, employees receive a
percentage of the sales revenue they generate as a commission.
Profit-sharing: Employees are eligible to receive a portion of the company's
profits, which is distributed among the workforce based on predetermined
formulas or criteria.
Stock options and equity-based incentives: Employees are offered the
opportunity to purchase company stock at a discounted price or receive stock
options, providing them with a financial stake in the organization's success.
Pay-for-performance: Employees receive salary increases or pay raises based
on their individual performance evaluations, accomplishments, or skill
development.
2. Non-Monetary Incentives:
Recognition and appreciation: Recognizing and appreciating employees'
efforts through verbal praise, certificates, or public acknowledgment can be a
powerful non-monetary incentive.
Employee of the Month/Year: Acknowledging and awarding exceptional
performers with titles such as "Employee of the Month" or "Employee of the
Year" can boost morale and motivation.
Career development opportunities: Offering employees opportunities for
professional growth, training programs, mentoring, or job rotation can be a
motivating incentive.
Flexible work arrangements: Providing flexible work schedules, remote
work options, or additional time-off can enhance work-life balance and serve
as a non-monetary incentive.
Employee wellness programs: Promoting employee well-being through
initiatives like gym memberships, wellness workshops, or health insurance
incentives can motivate employees to prioritize their health and performance.
Employee engagement activities: Organizing team-building events, social
gatherings, or employee recognition ceremonies fosters a positive work
environment and acts as a non-monetary incentive.
3. Performance-based Incentives:
Performance bonuses: Employees receive additional compensation based on
achieving specific performance goals or metrics.
Sales incentives: Employees earn rewards for meeting or exceeding sales
targets, such as trips, gift cards, or special recognition.
Team incentives: Incentives are provided to entire teams or departments for
achieving collective performance goals or milestones.
Performance contests: Encouraging friendly competition among employees
through contests or challenges with rewards for top performers.
Project-based incentives: Offering incentives tied to successful completion or
milestones achieved in specific projects or initiatives.
4. Long-Term Incentives:
Employee stock ownership plans (ESOPs): Employees are granted company
shares or stock options over a longer period, aligning their interests with the
long-term success of the organization.
Retirement plans: Offering retirement savings plans, such as 401(k) or
pension schemes, where the employer contributes a portion of the employee's
retirement savings.
Deferred compensation: Providing a portion of an employee's compensation
to be paid out at a future date, often as a retirement benefit.
It's important for organizations to tailor their incentive schemes to align with their business
goals, employee preferences, and the specific outcomes they seek to encourage. Regular
evaluation and adjustment of incentive programs are necessary to ensure their effectiveness
in motivating employees and driving desired behaviors.
Ques.3 (a) As per the payment of wages act, 1936 discuss the various
deductions that can be made from the salary of an employee.
The Payment of Wages Act, 1936 is an Indian legislation that regulates the payment of wages
to employees and provides certain protections for workers regarding the deductions that
can be made from their salaries. According to the Act, employers are allowed to make specific
deductions from an employee's salary under certain circumstances. Here are the various
deductions permitted under the Payment of Wages Act:
1. Statutory Deductions:
Income tax deductions: Employers are required to deduct income tax from an
employee's salary as per the prevailing tax laws and regulations.
Provident Fund (PF) contributions: Employers deduct a specified percentage
of the employee's salary towards their contribution to the Employee Provident
Fund (EPF) or any other statutory provident fund.
2. Deductions for Advances:
Salary advances: If an employee has received an advance payment from the
employer, the employer can deduct the outstanding amount from the
employee's salary in subsequent periods.
Loan repayments: If an employee has taken a loan from the employer or any
approved financial institution, the employer can deduct the loan installments
from the employee's salary.
3. Deductions for Damage or Loss:
Loss of goods: Employers can deduct the cost or value of goods or property
that an employee has lost, damaged, or misappropriated due to their
negligence or misconduct.
Fines: Employers may impose fines on employees for acts of misconduct,
subject to certain limits specified under the Act.
4. Deductions for Absence:
Unauthorized absence: Employers can make deductions from an employee's
salary for unauthorized or unexplained absences from work.
Leave without pay: If an employee has taken leave without pay, the employer
can deduct the corresponding salary for the period of absence.
5. Deductions for Services:
Accommodation or amenities: Employers can deduct charges for
accommodation, food, or other amenities provided to employees, subject to
certain limits defined by the Act.
Services rendered: Deductions can be made for services availed by the
employee, such as transportation, medical facilities, or any other services
explicitly agreed upon.
6. Other Deductions:
Insurance premiums: Employers can deduct insurance premiums if the
employee has voluntarily opted for insurance coverage provided by the
employer.
Professional tax: In certain states in India, employers may deduct
professional tax from the employee's salary, as per the applicable state laws.
It is important to note that the total deductions made by the employer should not exceed
75% of the employee's total wages in any wage period. Additionally, deductions for damage
or loss, fines, and deductions for services should be proportional to the loss, misconduct, or
benefit received by the employee.
Employers should comply with the provisions of the Payment of Wages Act and ensure that
deductions are made in accordance with the law and communicated to employees in a
transparent manner. It is recommended to consult the specific provisions of the Act and seek
legal advice to ensure compliance with the latest regulations and amendments.
Ques.3 (b) Why do employees join unions? Discuss the current situation
of trade unions in India.
Employees join unions for various reasons, including the desire to protect their rights,
improve working conditions, enhance job security, advocate for better wages and benefits,
and have a collective voice in negotiations with employers. Unions serve as representatives
of workers and work towards safeguarding their interests by advocating for fair treatment,
improved working conditions, and equitable employment practices. Here are some common
reasons why employees join unions:
Regarding the current situation of trade unions in India, it is important to note that the
landscape of trade unions in the country is diverse, with various unions operating across
different industries and sectors. While trade unions have historically played a significant role
in advocating for workers' rights and welfare, the overall unionization rate in India has been
relatively low in recent years.
1. Changing Workforce Dynamics: The nature of employment has evolved, with the
rise of the gig economy, contractual work arrangements, and a greater focus on
individual employment relationships. This has posed challenges for traditional trade
unions in organizing and representing workers effectively.
2. Legal and Regulatory Framework: The legal framework surrounding trade unions,
such as the Trade Union Act, 1926, and labor laws, impact the functioning and
influence of trade unions. Changes in labor laws and reforms can have implications
for union activities.
3. Industry and Sector Variances: The level of unionization varies across industries
and sectors in India. Some industries, such as manufacturing or public sectors, have
higher unionization rates compared to others.
4. Employer Resistance: Some employers may adopt anti-union strategies or
discourage unionization efforts, making it challenging for trade unions to organize
workers effectively.
5. Socioeconomic Factors: Factors such as economic conditions, unemployment rates,
and socioeconomic disparities can influence workers' willingness or ability to join
unions.
It's important to note that while the overall unionization rate may be relatively low, trade
unions still play an essential role in advocating for workers' rights, representing employees
in negotiations, and influencing labor policies and practices in specific industries or regions.
The influence and effectiveness of trade unions in India can vary based on factors such as
industry dynamics, union leadership, and workers' engagement and participation.
Ques.3 (a) What is a domestic inquiry? Discuss a general process of
domestic inquiry.
A domestic inquiry, also known as an internal inquiry or disciplinary inquiry, is a formal
process conducted by an employer to investigate allegations of employee misconduct or
violations of workplace policies or regulations. It is an internal mechanism aimed at ensuring
fair treatment, providing employees with an opportunity to defend themselves, and
maintaining discipline within the organization. The specific process may vary depending on
the company's policies, applicable laws, and the nature of the misconduct being investigated.
However, here is a general overview of the domestic inquiry process:
1. Notification and Charges: The employee who is the subject of the inquiry is typically
provided with a written notification outlining the allegations or charges against them.
This notice should clearly state the specific misconduct, violation, or behavior being
investigated.
2. Appointment of an Inquiry Officer: An impartial inquiry officer is appointed to
conduct the inquiry. This officer is usually an employee from a higher level or a
designated neutral person within the organization who has no direct involvement in
the case. The inquiry officer's role is to objectively gather evidence, interview
witnesses, and make recommendations based on their findings.
3. Gathering Evidence: The inquiry officer collects evidence related to the allegations.
This may involve reviewing documents, such as witness statements, incident reports,
CCTV footage, or any other relevant evidence that supports or contradicts the
allegations.
4. Issuing Notice to Witnesses: The inquiry officer identifies and issues notices to
witnesses who may have relevant information regarding the alleged misconduct.
Witnesses are generally required to attend the inquiry and provide statements under
oath.
5. Conducting Inquiry Proceedings: The inquiry officer conducts the inquiry
proceedings in a fair and impartial manner. This includes giving the employee an
opportunity to present their defense, cross-examining witnesses, and examining any
documentary evidence. The employee may be accompanied by a representative or
legal counsel during the proceedings.
6. Recording of Proceedings: The proceedings of the inquiry are usually recorded,
either through written minutes or audio/video recording. This documentation
ensures transparency and provides a record of the evidence presented, witness
testimonies, and the employee's defense.
7. Examination of Evidence and Witnesses: The inquiry officer examines the
evidence, witnesses' testimonies, and any other relevant information to evaluate the
veracity of the allegations. The employee is given an opportunity to question
witnesses and present their own evidence or witnesses, if applicable.
8. Inquiry Report and Recommendations: Based on the evidence and testimonies
presented during the inquiry, the inquiry officer prepares a detailed report
summarizing the findings and recommendations. The report typically includes a
conclusion on whether the employee is guilty or not guilty of the alleged misconduct
and may suggest appropriate disciplinary action if the allegations are proven.
9. Decision and Disciplinary Action: The final decision regarding the disciplinary
action rests with the appropriate authority within the organization. This authority
reviews the inquiry report, considers the recommendations, and determines the
appropriate disciplinary action, which could range from a verbal warning, written
warning, suspension, demotion, or termination of employment, depending on the
severity of the misconduct.
It is important for organizations to ensure that the domestic inquiry process is conducted in
accordance with the principles of natural justice, providing the employee with a fair and
unbiased opportunity to present their case and respond to the allegations against them. The
specific procedures and requirements may vary depending on local labor laws and the
organization's internal policies.
Ques.3 (b) What is strategic organizational renewal? How do firms
maintain their competitive edge through this process?
Strategic organizational renewal refers to the intentional and proactive process through
which an organization assesses and revitalizes its strategies, structures, processes, and
culture to adapt to changing external environments, seize new opportunities, and address
emerging challenges. It involves a systematic approach to rejuvenating the organization to
ensure its long-term viability, competitiveness, and relevance in the marketplace.
The process of strategic organizational renewal typically involves the following steps:
Firms maintain their competitive edge through the strategic organizational renewal process
by actively adapting to changing environments, seizing new opportunities, and continuously
improving their capabilities. Here are some ways firms can achieve and sustain their
competitive edge through strategic organizational renewal:
It's important to note that the choice of method for settling an industrial dispute may vary
depending on the nature and complexity of the dispute, the willingness of the parties to
engage in negotiations, and the legal provisions applicable in each jurisdiction. The Industrial
Disputes Act provides a framework for dispute resolution but also allows flexibility for the
parties to adopt their own methods of settlement, provided they comply with the principles
of fairness, reasonableness, and good faith.
Ques.4 (b) Explain the welfare provisions given in Factories Act, 1948.
The Factories Act, 1948 is an important labor legislation in India that aims to ensure the
health, safety, and welfare of workers employed in factories. The Act contains several welfare
provisions that employers are required to adhere to. Here are some key welfare provisions
under the Factories Act, 1948:
1. Cleanliness: The Act mandates that factories must maintain cleanliness in the
workplace. Adequate measures should be taken to ensure that the premises,
including workrooms, floors, and sanitary facilities, are kept clean and free from dust,
dirt, and waste.
2. Ventilation and Temperature: Factories must provide adequate ventilation to
ensure a comfortable working environment. The Act specifies the minimum amount
of fresh air that should be circulated within the workplace. Additionally, factories
should maintain a suitable temperature to prevent discomfort or health hazards to
workers.
3. Lighting: Adequate and suitable lighting is required in factories to ensure proper
visibility and prevent eye strain or accidents. The Act provides guidelines regarding
the intensity and distribution of light within the workplace.
4. Drinking Water: Employers are obligated to provide clean and potable drinking
water to workers. The water should be easily accessible and available at all times
during working hours.
5. Washing Facilities: Factories must provide adequate washing facilities, including
clean and separate facilities for male and female workers. These facilities should have
a sufficient supply of clean water, soap, and towels.
6. Sanitary Facilities: The Act requires factories to provide adequate and clean sanitary
facilities, including toilets and urinals. Separate facilities should be provided for male
and female workers, and they should be maintained in a sanitary condition at all
times.
7. First Aid: Employers must provide suitable and easily accessible first aid facilities in
the factory premises. Trained personnel or a responsible worker should be available
to administer first aid in case of injuries or medical emergencies.
8. Canteen Facilities: Factories employing a specified number of workers are required
to provide canteen facilities. The canteen should be clean, well-maintained, and able
to accommodate all workers during meal breaks. It should offer hygienic food and
drinking water at reasonable prices.
9. Restrooms and Shelters: Factories are required to provide suitable restrooms or
shelters for workers to take breaks during working hours. These facilities should be
equipped with seating arrangements and protected from inclement weather
conditions.
10. Crèche Facilities: If a factory employs a certain number of female workers, it must
provide crèche facilities for their children. The crèche should be safe, clean, and well-
maintained, with adequate space, ventilation, and age-appropriate facilities.
These welfare provisions aim to promote the physical well-being and comfort of workers,
enhance their productivity, and ensure their basic needs are met while they are at the
workplace. The specific requirements and standards may vary based on the nature of the
factory and the number of employees. It is the responsibility of the factory management to
comply with these provisions and provide a safe and conducive working environment for
their employees.
Ques.4 (a) Write a note on Illegal Strikes and Lockouts.
Illegal strikes and lockouts refer to industrial actions that violate the legal provisions
governing labor relations and industrial disputes. These actions are deemed unlawful
because they do not comply with the established procedures and requirements outlined in
labor laws or collective bargaining agreements. Here's a note on illegal strikes and lockouts:
Illegal Strikes:
It is important for both employers and workers to understand and adhere to the legal
provisions governing industrial actions. Engaging in illegal strikes or lockouts undermines
the spirit of peaceful resolution of disputes and can have serious legal and economic
consequences for all parties involved.
Ques.4 (b) Discuss the role of a HR Manager in today’s changing
environment.
The role of an HR manager in today's changing environment is multifaceted and critical to
the success of organizations. HR managers play a pivotal role in aligning human resources
strategies with organizational goals, addressing workforce challenges, and adapting to the
dynamic business landscape. Here are key aspects of their role in the contemporary context:
Overall, HR managers in today's changing environment are strategic partners, change agents,
and employee advocates. They contribute to organizational success by attracting and
retaining talent, fostering a positive work culture, supporting organizational development,
and ensuring legal compliance. Their role extends beyond traditional HR functions,
encompassing strategic decision-making, data-driven insights, and adaptability to evolving
business dynamics.
Ques.5 (a) How are the methods of retaining employees changing?
Discuss the different factors and trends affecting the attrition of
employees.
The methods of retaining employees are evolving in response to changing workforce
dynamics and employee expectations. Traditional approaches to employee retention
focused primarily on financial rewards and job security. However, in today's dynamic work
environment, organizations are adopting new strategies to attract and retain top talent. Here
are some ways in which the methods of retaining employees are changing:
1. Focus on Employee Engagement: Organizations are placing a greater emphasis on
employee engagement to foster a positive work environment and increase retention.
This includes creating a culture of open communication, providing opportunities for
employee growth and development, recognizing and rewarding achievements, and
promoting work-life balance. Engaged employees are more likely to be satisfied,
motivated, and committed to their organizations.
2. Flexible Work Arrangements: The demand for flexible work arrangements, such as
remote work, flexible hours, or compressed workweeks, has increased significantly.
Organizations are recognizing the value of offering flexibility to employees, as it
enhances work-life balance and increases job satisfaction. Providing options for
remote work or flexible schedules can be effective in attracting and retaining
employees, especially in today's digital age.
3. Career Development and Growth Opportunities: Employees are increasingly
seeking opportunities for professional growth and advancement. Organizations that
invest in employee development and provide clear career paths are more likely to
retain talent. Offering training programs, mentorship opportunities, and regular
performance feedback can contribute to employees' sense of growth and career
progression within the organization.
4. Emphasis on Work Culture and Values: A positive work culture that aligns with
employees' values has become a crucial factor in employee retention. Organizations
that prioritize inclusivity, diversity, and employee well-being tend to have higher
retention rates. Employees seek workplaces where they feel respected, supported,
and have a sense of belonging.
5. Recognition and Rewards: Recognition programs that acknowledge and appreciate
employees' contributions are gaining importance. It goes beyond financial rewards
and includes non-monetary recognition, such as public acknowledgment, certificates,
or opportunities for special projects. Recognizing employees' efforts and
achievements enhances their job satisfaction and loyalty to the organization.
6. Enhanced Employee Benefits: Organizations are expanding their benefits packages
to include offerings that address employees' holistic needs. This may include
comprehensive health and wellness programs, parental leave policies, flexible
spending accounts, and additional perks like on-site childcare, gym facilities, or
employee assistance programs. These enhanced benefits can play a significant role in
attracting and retaining employees.
7. Embracing Technology: Organizations are leveraging technology to enhance
employee experience and streamline HR processes. Digital platforms for performance
management, feedback systems, employee self-service portals, and virtual
collaboration tools are being implemented to improve communication, facilitate
employee development, and increase efficiency.
8. Focus on Well-being: Employee well-being has become a crucial consideration for
retention. Organizations are prioritizing physical and mental health initiatives,
including wellness programs, stress management resources, mental health support,
and work-life balance initiatives. By supporting employee well-being, organizations
can improve job satisfaction and reduce turnover.
In summary, the methods of retaining employees are evolving to meet the changing needs
and expectations of the workforce. By focusing on employee engagement, providing
flexibility, fostering career growth, promoting a positive work culture, recognizing and
rewarding contributions, offering comprehensive benefits, embracing technology, and
prioritizing well-being, organizations can enhance employee retention and create a more
motivated and loyal workforce.
Employee attrition, or employee turnover, is influenced by various factors and trends in the
modern workplace. Understanding these factors is crucial for organizations to address
retention challenges effectively. Here are different factors and trends that impact employee
attrition:
1. Job Satisfaction: Dissatisfaction with job-related factors such as compensation,
workload, and lack of growth opportunities, limited autonomy, or poor work-life
balance can contribute to attrition. Employees who are dissatisfied with their work
may seek better opportunities elsewhere.
2. Career Advancement: Opportunities for career growth and advancement within the
organization play a significant role in employee retention. When employees perceive
limited prospects for progression, they may leave in search of better career prospects
elsewhere.
3. Leadership and Management: The quality of leadership and management within an
organization can impact employee attrition. Poor leadership, ineffective
communication, lack of support, and a negative work environment can lead to
dissatisfaction and higher turnover rates.
4. Work Culture: A positive and inclusive work culture that aligns with employees'
values is vital for retention. Employees who feel valued, respected, and connected to
the organization's culture are more likely to stay. Conversely, toxic work cultures
characterized by discrimination, harassment, or lack of collaboration can drive
employees away.
5. Compensation and Benefits: Competitive and fair compensation is crucial for
retaining employees. If employees feel that their compensation is not in line with
industry standards or their contributions, they may seek opportunities elsewhere.
Additionally, attractive benefits packages, including health insurance, retirement
plans, and other perks, can influence retention.
6. Work-Life Balance: Achieving a healthy work-life balance is increasingly important
for employees. Organizations that prioritize work-life balance through flexible work
arrangements, family-friendly policies, and support for personal well-being are more
likely to retain employees.
7. Employee Engagement: Engaged employees are more likely to be satisfied and
committed to their organizations. Organizations that foster employee engagement
through meaningful work, opportunities for involvement and input, and clear
communication channels can reduce attrition rates.
8. Demographic Shifts: Changing workforce demographics, such as generational
differences, can impact attrition. Each generation has unique expectations, values,
and priorities. Organizations need to understand these differences and tailor their
retention strategies accordingly.
9. Skills Mismatch: Rapid technological advancements and evolving job requirements
can create skill gaps within organizations. If employees perceive limited
opportunities to develop relevant skills or feel that their skills are not being utilized,
they may seek positions that offer better alignment with their abilities and career
aspirations.
10. Job Market and Competition: The overall job market conditions and the
competitiveness of specific industries can affect attrition rates. In a highly
competitive job market, employees may be more inclined to explore alternative job
opportunities and leave their current positions.
11. Remote Work and Flexibility: The COVID-19 pandemic has accelerated the
adoption of remote work and flexible work arrangements. Organizations that
embrace remote work and provide flexibility have the potential to attract and retain
talent, while those that resist or poorly manage remote work arrangements may
experience higher attrition rates.
12. Workforce Well-being: Increasing attention to employee well-being, including
mental health support, stress management programs, and work-life integration
initiatives, has become crucial for employee retention. Organizations that prioritize
employee well-being are more likely to retain their talent.
By understanding these factors and trends, organizations can develop targeted retention
strategies that address the specific needs and motivations of their employees. It involves
creating a positive work environment, offering growth opportunities, competitive
compensation and benefits, prioritizing work-life balance, fostering employee engagement,
and adapting to changing workforce dynamics.
Ques.5 (b) Discuss some latest training and development methods and
practices of at least five companies in detail.
While I don't have access to real-time information or data on specific companies, I can
provide you with some examples of popular training and development methods and
practices that are commonly used by organizations. These practices are not tied to specific
companies but are widely recognized in the field of human resource development. Here are
five training and development methods and practices:
1. On-the-Job Training: On-the-job training (OJT) is a widely used method where
employees learn skills and knowledge by performing tasks and duties under the
guidance of experienced colleagues or mentors. This method allows employees to
gain practical experience and develop specific job-related skills in a real work
environment. OJT may involve shadowing, coaching, job rotation, or apprenticeship
programs.
Example: A manufacturing company implements a job rotation program where employees
spend a designated period of time working in different departments. This allows them to
gain a comprehensive understanding of the company's operations, develop a broad skillset,
and explore various career paths within the organization.
2. E-Learning and Online Training: E-learning and online training have gained
popularity due to their flexibility and accessibility. These methods utilize digital
platforms and resources to deliver training content, assessments, and interactive
modules to employees. E-learning can include webinars, virtual classrooms, self-
paced modules, and online certification programs.
Example: A technology company provides its employees with access to an online learning
management system that offers a wide range of courses and resources on topics such as
software development, project management, and emerging technologies. Employees can
learn at their own pace and acquire new skills relevant to their roles.