Recent trends in HRM
MOST RECENT TECHNIQUES IN HRM
Innovative techniques are developed to improve the work culture, so that the employees are motivated to give in their best to the organization. There is tough competition everywhere & to survive with grace, one will have to accept the changes in this modern world and adopt the latest human resources practices.
The latest techniques in the field of Human Resource Management are:
1. Employees For Lease:
Sometimes the organizations depend upon consultancy agencies or individual consultants for their expertise to tap and utilize their expert knowledge. The consultancy agencies offer expert advice and the execution of the advice is left to the employees of the organization. The employees may in some of the cases fail to covert the know-how into a project. Under such circumstances, new types of organizations will emerge, which would be called as Employee Leasing Organization. These leasing organizations will be principal employers and send the required number and kind of employees to various organizations on lease basis. They collect the fee & other charges from various industries & pay the salaries, provide benefits to the employees. The Leasing Company will pay complete salary and benefits to the employees irrespective of the number of days that the employee is sent to various organizations on lease. In other words, employee-leasing organization which will provide expert advice and consultancy and further they will also supply human resources for executing their projects. These organizations employ different kinds of candidates and lease them to various organizations.
This type of agreement is beneficial to the leasing company, specialist employees and the industry. The industry with limited budget can utilize the expert advice & service of most competent human resources.
2. Moonlighting By Employees - “Blue moon to Full moon”:
Employees in most of the organizations realize that all their demands cannot be met by their
Innovative techniques are developed to improve the work culture, so that the employees are motivated to give in their best to the organization. There is tough competition everywhere & to survive with grace, one will have to accept the changes in this modern world and adopt the latest human resources practices.
The latest techniques in the field of Human Resource Management are:
1. Employees For Lease:
Sometimes the organizations depend upon consultancy agencies or individual consultants for their expertise to tap and utilize their expert knowledge. The consultancy agencies offer expert advice and the execution of the advice is left to the employees of the organization. The employees may in some of the cases fail to covert the know-how into a project. Under such circumstances, new types of organizations will emerge, which would be called as Employee Leasing Organization. These leasing organizations will be principal employers and send the required number and kind of employees to various organizations on lease basis. They collect the fee & other charges from various industries & pay the salaries, provide benefits to the employees. The Leasing Company will pay complete salary and benefits to the employees irrespective of the number of days that the employee is sent to various organizations on lease. In other words, employee-leasing organization which will provide expert advice and consultancy and further they will also supply human resources for executing their projects. These organizations employ different kinds of candidates and lease them to various organizations.
This type of agreement is beneficial to the leasing company, specialist employees and the industry. The industry with limited budget can utilize the expert advice & service of most competent human resources.
2. Moonlighting By Employees - “Blue moon to Full moon”:
Employees in most of the organizations realize that all their demands cannot be met by their