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Employee referrals have existed from quite a long time, but just recently have they become institutionalised into a business initiative. Their rising popularity is due in part to the increasing shortage of skilled talent while needs for function continues to rise. The war for talent has made several organizations create alternative recruiting channels, successful employee referral programs being among the strongest. Reduced to its very basics, a referral program will be an attempt to use present employees and their professional connections to fill job openings. It rests on the premise that significant workers are guaranteed to understand others like them and therefore are better positioned to convince these people to join the company than recruiters.` Since workers will be the focal point of the applications, they have to be motivated to engage and consult applicants through incentives, competitions, and other participation programs. Organizations such as Ac...

We understand that people are crucial to the success of any organization. Undoubtedly, a company which can attract the right skills, retain employees, manage talent and utilize capability, is able to gain the long-term success. HR in an organization collects more statistics than ever before but they often find it difficult to convert such statistics data into valuable understandings at the same time. Following points would help you know some of the most important HR analytics to better understated the people-related side of the business: Employee Turnover Analytics: A business costs many resources on recruiting employees , preparing them as per the company requirements, and then executing them into the business. Employee turnover analytics is the method of evaluating the employee turnover rate to calculate the future and decrease employee turnover. You can identify employee turnover through customary key performance indicators such as the employee engagement, employe...

A recruitment agency operates as an arbitrator between the employer and job seekers. Dedicated hiring advisers  who are representative of employer or clients search and assess the suitable applicants that match the requirements of the employer and arrange the communication between both the parties. The selected hiring company can also offer you pieces of advice on how to get ready for the interview. The reason why they can better assist you in an interview because they know the clients' requirements. Reasons why employers work with recruitment agencies: ·     When it comes to hiring for a fresh position in which the client doesn't know anything ·     When the employer wants the hiring procedure confidential because of the competition in the marketplace. ·     When the employer’s company is occupied with work and does not have the capacity to initiate the recruiting process. The functions...

A great idea is not just enough for running a successful business. It needs a great leadership as well for. Moreover, we have to admit that not all of us are born leaders. However, you need not worry at all about it if you are not a born leader. Leadership skills are something, which you can learn. If you are an entrepreneur, you have to learn it to build a prosperous business whether your business has 5 employees or 30. Therefore, what do you require to be an effective business leader especially when you are running a small business? Following points would help you: Listen What Others Say Be a good listener – A thin line separates an entrepreneur being a leader and a ruler. What creates the difference is a good leader always listens to his people. If you wish to be a great leader, you must listen to your workers as well as clientele. It would help you gain great ideas to improve your business. Appreciate the ideas you get from any of the sources. Communic...

Training fresh hires or grooming the competencies of existing employees, every staff training effort communicates to the employees about what is expected from them. Training not only helps them understand the company goals, but it offers many opportunities to gradually add-on more to their knowledge base. The following paragraphs would highlight the most crucial points on staff training which human resource must focus on while training the employees: Company Culture Culture based training is very significant which most of the companies overlook. It applies to each of the employees, be it a freshly hired employee or an employee who has been working with you for 5 years. When an employee understands how the company works, what are the goals and how to achieve them, he or she can put the best foot forward. Personal and Company Branding Every employee should understand that his or her distinctiveness is significant in company’s achievements. On the other hand, employ...

When you inquire about the prime necessities in the years to come, every CHRO and CEO would say that the most significant aspect of their business is ‘talent management’. In fact, the increasing competition in each business segment has given talent management a higher priority in the recent times. Nobody can argue over this fact that talent management is so crucial these days. Talent leaders love to talk about succession and talent management. Talent management is not about a short-term practice, it is something, which is kept for long-term in the business priority list. Indeed, talent management is crucial, but you should know that it is a long-term practice, which needs to be dealt on an urgent basis. For talent leaders, it must be like in the priority list, which HR must deal with it. The biggest ever challenge for organizations is to make the talent management activities done on a priority basis. Following paragraphs on the ‘role of talent analytics’, ‘team focus’ and...