Human Capital Management
12 Human Capital Management
ADP study: what is impacting your employee engagement?
Employee engagement is really important, as we all know.There is a real cost to organisations when employees are merely “coming to work”. For every 1% drop in full engagement, the likelihood of voluntary attrition increases by 45%1. The direct cost to organisations for each early departure ranges from a little over half the salary of a front-line worker up to nearly 2.5 times the salary of a knowledge worker or supervisor2.In contrast, companies with a highly engaged culture perform better,…
Posted by: The ADP Team 23 Dec 2020 | 0 Comments
e-HR Management – an inevitable practice by Establishments. A compliance perspective
(Coffee Break Compliance Guide – Volume 48 by Subramaniam Anandan)e-HRM is one of the Change Management tool practiced by every establishment globally and specifically in India which automates Human Resources processes. It is a form of Standardization which has influenced the Human Resource department for efficiency & effectiveness. A smart and quicker decision is made both by the Project/Reporting Managers and Human Resources through such e-tools.Such digitization makes the Human Resources a strategic Partner to the Management, which requires when…
Posted by: The ADP Team 24 Jul 2019 | 0 Comments
A new MIT report reveals how AI will change the job market in Asia
While AI will be a major growth driver for Asia in the coming decade, it will affect one in every five jobs in Asia, a new MIT study finds. In India, 8% of current jobs will be removed by automation within five years’ time. Still, most executives in Asia Pacific surveyed have confidence that their overall headcount will increase as Asia continues to lead the world in economic expansion.The impact of AI on work, jobs, and people is one of the most controversial…
Posted by: The ADP Team 18 Jul 2019 | 0 Comments
Career Paths: 5 Learning and Development Tools That HR Can Leverage
Career paths are predefined steps that employees can take to grow within an organization. They answer the question, "What's my future with the organization?" Employees like these paths because they give them a roadmap for future job opportunities. Employers appreciate them because they can use them to develop future talent.We've already talked about how the functions of recruiting, onboarding, learning and development, and even offboarding can drive the creation of those paths. Today, let's add to that conversation and discuss…
Posted by: The ADP Team 10 Jul 2019 | 0 Comments
Apprentices (Amendment) Act, 2014 & Apprenticeship Rules, 2015 - An Abstract & Duties of Employer
(Volume – 38 of Coffee Break Compliance Guide from Anandan Subramaniam)In any industry or an establishment the employer can impart an Apprenticeship training under the Apprentices Act, 1961. Basically this Apprenticeship training contains both theoretical instructions and on-the-Job training in the organizational premises. With the amendment, the training (for theoretical instructions) can be outsourced to a third party. Earlier there was a fixed quota to engage such Apprentices.An Apprentice is a person who undergoes Apprenticeship training in designated trade in…
Posted by: ericmikio 08 May 2019 | 0 Comments