I'm also interested in this query. 😒 😒 😒 I think Leo, Bala, CiteHR, Ajmal Bhai, Vishal can assist regarding this matter. 😄 😄 😄 Eagerly waiting for those people's responses. 😈 😈 😈
This may not be directly related, but it could be useful. There is a presentation by T V Rao on the Future of HR profession on this site, or you could visit tvrls.com. If you are unable to find it, please let me know, and I can email it to you. I will try to provide more information for you shortly.
Some of the latest HR practices present in the current scenario are potential appraisal and assessment centers. The HR is also concentrating on meritocracy and trying to convert normal workers into knowledge workers.
Human resources are also becoming a strategic part of the organization, and HR budgeting and costing are new dimensions of human resources.
Hope this information is useful to you. Life is expectation... Expect the unexpected.
Dear friends, Latest HR practices include the following:
1. Deferred incentives (quarterly or monthly)
2. Potential appraisal
3. Temporary workers (off-role & time-based)
4. Voluntary retirements
5. Potential relocation
6. Productivity incentives
7. Knowledge work culture management
8. Outward Bound Training (OBT) as motivating tools, etc.
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