EMERGING TRENDS IN HRM

  Employee Wellness Program What Is an Employee Wellness Program? Employee wellness programs, also frequently referred to as worksite wellness programs or employee well-being programs, have no official definition. It commonly refers to a collection of initiatives within an organization to promote healthy lifestyles among employees, and in some cases, spouses, and dependents of employees.  There are numerous types of initiatives that, if implemented, would qualify as an employee wellness program.  These initiatives address different areas, or dimensions, or well-being. Dimensions of Well-Being The notion of wellness is frequently associated with gym memberships or green smoothies, limiting the scope to just physical well-being. In reality, well-being is a result of complex interactions among many dimensions. Physical While commonly thought of the aesthetic of being fit, physical well-being actually encompasses the smooth running of all physical bodily functi...

  Employee experience Employee experience definition Employee experience equals everything a worker learns, does, sees and feels at each stage of the employee lifecycle. How to improve employee experience As a new hire travels along their employee journey to their eventual exit from your organization, there are a few things that will shape their employee experience. Jacob Morgan, author of  The Employee Experience Advantage,  highlights three basic environments, no matter how large or small your organization, that make up employee experience. Culture –  Difficult to define as each one is different, a company’s culture may be what the C-suite tells you it is, what you understand of its mission, values, practices and attitudes, or even the shop-floor camaraderie when senior management isn’t in. It’s a mixture of leadership style and organizational structure, sense of purpose and the mixture of personalities who work with you.  Corporate culture  is th...

  The Importance of Human Resources to an Organization   It is possible to find a human resource department in almost all the organizations out there in the world. In fact, the human resource department has the potential to manage the most important and valuable resources of an organization. Without a proper functioning human resource department, a company would fail to achieve a high level of efficiency and workforce management. The role played by human resources within an organization. ·          Recruitment  – The recruitment of new employees can contribute towards the longevity of any business. The human resources department has a clear understanding about the available vacancies within an organization and it takes necessary measures in order to fill up those vacancies. Recruiting new employees is a lengthy process. It is associated with advertising new job postings, sourcing potential candidates, screening the applicant...

  What is Downsizing…..   Definition of Downsizing Downsizing is the process of reducing costs by reducing headcount. Jobs may be eliminated voluntarily, by offering employees a  buyout , or involuntarily, through a  layoff . Alternate names : layoff, reduction in force, rightsizing How Does Downsizing Work? During a downsizing, the company will usually notify certain employees that they are being laid off. Usually, these are permanent layoffs; however, sometimes the employees may be rehired after a restructuring period. Layoffs are often followed by other changes, such as branch closings or the consolidation of departments. For example, say a car manufacturer decides to downsize based on sales numbers that show it's no longer profitable to produce one of their vehicle models. They decide to end production of that model, which means they need to close the plant, which in turn requires a layoff of al...

  What is HR Analytics?      HR analytics  is the process of collecting and analyzing Human Resource (HR) data in order to      improve an organization’s workforce performance. The process can also be referred to as talent      analytics, people analytics, or even workforce analytics.      This method of data analysis takes data that is routinely collected by HR and correlates it to HR and organizational objectives. Doing so provides measured evidence of how HR initiatives are contributing to the organization’s goals and strategies. Examples in HR Analytics ·        Turnover ·        Recruitment         Understanding the process of HR Analytics           HR Analytics is made up of several components that feed into each other. 1.      To gain the problem-solving insights...