Shaping young HR leaders
As the ripple effect of the deadly Covid-19 virus makes its presence felt across the globe, it is becoming evident that the never before seen crisis will not just have health impact but a massive economic impact as well. Growth is a thing of passé and sustenance is the new normal.
It is very hard to accept that your organisation’s work culture is toxic. If your employees are discouraged / have less morale/ tired ? No doubt that your organization’s work culture is toxic!
Fully remote jobs and work from home policies are on the rise, particularly in the tech industry. Typically embraced for its flexibility, remote work has been made possible by mobile devices and cloud-based applications. Now that people are able to conduct the same work at home, motivation for coming into the office has plummeted.
Business cycles always pose a major challenge for business organizations, especially recession. The focus is laid on cost-cutting and restricting the business activities to a few defined lines. Major layoffs are targeted and innovation gets a backseat in the organization.
Without a competitive pay structure, companies struggle to attract and retain talent. To decide the correct compensation for employees, it is important to look at what kind of talent the business needs which perfectly suits your business. Talent with high price is not necessarily a sound strategy!
