Posts

Human resource Engagement and retention

Image
  Human resource engagement and retention   Employee engagement and retention are indispensable for the success and sustainability of any organization’s landscape. Which is a crucial factor for the existence of the organization. In terms of creating a positive work environment, supportive leadership, opportunities for career development and growth, and positive coworker relations are the crucial factors that human resource management needs to address. In addition, collaboration and teamwork can boost employee’s morale and enhance productivity. On the other hand, human resource management needs to pay attention regarding employee well-being, work-life balance, mental and emotional readiness, and rewards and benefits. By focusing on these areas, HRM can retain the workforce(  EdwardT, 2024 ) As a result, employees feel completely committed to their work and driven to improve the organization’s reputation. Furthermore, an engaged employee truly knows how their contri...

Technology adoption and human resource management

Image
  Technology adoption and human resource management The integration of technology in industries shows significant improvement and changes in this present day. If the technology is well managed with involving human resource it enables to produce effective outcome and achieve overall objective. On the other hand, if technology is not properly integrated and adopted with workforce it will cause to serve impact and may cause to operational disruption (  SetiawanJ, Ali H, 2023,vol 5,no 1 ) In terms of introducing, and adopting new technology, organization need to evaluate the impact of human resource contribution and need to consider the effectiveness, productivity since workforce are the most critical asset in the organization.  In addition, transforming traditional practices, enable improve the employee performance, engagement, evaluating. In terms of technology automation in recruitment, training even payroll can freeing up HR professionals to focus on strategic initi...

Employee welfare role in Sri Lanka

Image
  Employee welfare role in Sri Lanka   Every organization is constantly looking for ways to stay ahead for achieving their goals by utilizing their workforce effectively and efficiently. In today's world most of the companies are considering their human resources as an imperative asset rather than a cost, which causes them to retain them to chase overall organizational objectives. Moreover, providing a comfortable work environment and basic benefits is only one aspect of employee welfare. It includes fostering an atmosphere where workers feel appreciated, encouraged, and inspired to perform at their highest level each and every day. Human resource management needs to ensure the protection of employees' physical and mental health (  SabilS et al, 2023 ) In terms of the Sri Lankan context, the law mandates provisions for wages, working hours, leave, and termination benefits, in addition According to the Department of Labor , the Shop and Office Employees Act regulat...

How training and development impact in HRM

Image
  How training and development impact in HRM   Every organization currently faces technological (AI introduction) and global, as well as economic, challenges in conducting business. Therefore, in order to accomplish the organization’s overall objective, they must adapt its current workforce by improving knowledge, skills, and capacities. Hence, employees should receive proper training and development to improve their knowledge, skills, and attitude in order to meet organizational goals. If companies fail to invest in training and development in their workforce, it will cause the operation to be hindered and may disrupt overall objectives ( PattersonJ, 2023 ) In addition, training and development play a pivotal role in organizations and contribute to employee growth, job satisfaction, and overall performance. Giving employees this training and development enables them to do their jobs more effectively and efficiently. (  PattersonJ, 2023 ) Furthermore, since they u...

Recruitment and retention

Image
  Recruitment and retention The recruitment process should be thoughtfully planned, informed by technology developments, and in line with changing corporate plans and employee expectations. To successfully traverse the hiring landscape, it is pivotal for both companies and job seekers to comprehend these elements. Additionally, all relevant labor rules, regulations, pay, and workplace safety must be guaranteed when hiring a new employee. There are 04 common recruitment methods as follows ( Abbas s, Sayed m, Othman y, 2021 ) 1.       internal recruitment 2.       external recruitment 3.       employee referrals 4.       social media recruitment In terms of internal recruitment, focus on promoting or transferring existing employees to enable improved morale, reduced training time and cost-effectiveness. Besides, employee referrals are cost-effective and can ensure trust bas...

Should employees be considered as an asset in the organization?

Image
  Should employees be considered as an asset in the organization ? You must have heard that your CEO says our employees are the greatest asset and force behind the company's success? But have you ever felt like as an asset? What if I told you that, as an employee, have you recognized yourself as an asset in your company's financial statement? You might be embarrassed or humiliated. Because the bitter truth is you find yourself as expensive (salary), ( Rouen e 2019 ) on the income statement you are a liability to your organization. The reason for this is that employees aren't technically considered assets or valuable in that sense either. Real estate and physical equipment have been acknowledged as tangible assets since the industrial age, but they no longer drive performance as they once did. However, the source of assets is the patent and trademark that are created by their people. Hence, employees should be valued as a real asset in an organization. Why employees ...

The functions of performance and traditional remuneration

Image
  The functions of performance and traditional remuneration From the employer's standpoint, it is indisputable that they must achieve overarching objectives by effectively utilizing their workers. Hence, employers have recognized that performance-based compensation is much more reliable and effective compared to the fixed salary method. In terms of performance-based salary, when an employee knows that their salary is directly aligned with their performance, they tend to perform well and work harder. Performance-based compensation enables organizations to attract high-performing individuals and facilitates the recruitment and retention of top employee ( Joseph J,Martochhio 2015 ) In addition, when performance-based remuneration is implemented effectively and transparently, it assists in achieving the overall objective of the organization. Furthermore, from an employee perspective, adequate compensation ensures they can meet their financial obligations and develop their skill...