talent

When and why not to retain top Performers

It is not always wise to offer salary increments or promotions to get employees to stay on; sometimes this can be counterproductive. The most valuable assets of any company are its people, which is why the organisations try to retain the best talent with better compensation and work. It’s a fair thing to do, but how long this strategy will successfully work is something the employers need to ponder over. In order to create a highly engaged workforce that is committed to performance, retaining employees ‘at any cost’ seems a bad idea. Of course, retaining employees has its own benefits —less time and energy spent in scouting for them, no time wasted in acclimatising new joinees, and shorter honeymoon period. This is why, industry experts feel that while there is no harm in...

How talent analytics is becoming key to HR growth

HR is gradually moving away from making gut decisions to more evidence-based decision making. But how effectively is HR leveraging talent analytics for taking informed people-related decisions? The digital revolution is redefining the workplace, skills requirement and the employer-employee relationship in a more fundamental way than ever before. Organizations are increasingly recognizing the value of big data and data analysis in predicting and dealing with constant change. As a function, human resources (HR) too is gradually moving away from making gut decisions to more evidence-based decision making. But how effectively is HR leveraging talent analytics for taking informed people-related decisions? Willis Towers Watson (WTW), a global advisory, broking and solutions company has released ...

Instagram: New hiring tool for companies

Firms such as Floating Canvas Company, Epsilon, and Instamojo are hiring through Instagram and companies like Schneider Electric, Starbucks and Verizon are using Instagram to post job ads. Instagram is gaining popularity as an effective hiring tool, as startups share that sourcing talent through Instagram reduces hiring costs by 15-25 percent. Companies and HR networks are particularly leveraging the platform to get hold of freshers for creative roles and for social media management. As Instagram is most popular among the younger generations, it works best for entry-level jobs or for hiring interns. “The average age group of users on Instagram is from 14 to 22. So, getting better access to newbies is possible. Plus, the millennials spend more time on platforms such as Instagram and S...

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