Innovative HR Practices by different companies
Human resources provide competitive edge over rivals. So as not to lose their competitive edge, companies are taking up HR practices very seriously. The new trends in HR Practices of Recruitment and Selection are discussed below:
1. Second Career Internship Program (SCIP): Tata has launched this program on SCIP in March 2008 on International Women's Day. It is a career transition programme for women professionals who are not working from past few years or have taken a break of 1-8 years from the job in their professional career for any reason, and wish to work again in the organization.
2. Making use of pre-hiring processes: Genpact, the BOP company uses a pre-hiring process to turnover of the employees. The organization brings people to the organization before they join, and have them look at the workplace. This means if the candidates like the workplace and choose to join the organization, it reduces the attrition or turnover rate.
3. Checking the Profile on Social Networking Sites: Organizations now a days take the help of social networking sites such a Facebook or Linkedin to have a look at Candidate's profile. When a candidate applies for the job, his behavior is traced or checked on these social networking sites. This is the process of checking if the candidate fits the job or not.
4. Holding on the employees: Quatrro BRO Solutions has started a concept of keeping in touch with high performers who left the organization for some reasons and if they want to come back at any time they are welcome by the organization.
5. innovative practices of reward and recognition: Rewards and recognition plays and important role to motivate employees. In today's world companies use new and innovative practices of reward and recognition to motivate employees. One of these practices include giving gift store vouchers like Shoppers stop, life style, etc.
Human resources provide competitive edge over rivals. So as not to lose their competitive edge, companies are taking up HR practices very seriously. The new trends in HR Practices of Recruitment and Selection are discussed below:
1. Second Career Internship Program (SCIP): Tata has launched this program on SCIP in March 2008 on International Women's Day. It is a career transition programme for women professionals who are not working from past few years or have taken a break of 1-8 years from the job in their professional career for any reason, and wish to work again in the organization.
2. Making use of pre-hiring processes: Genpact, the BOP company uses a pre-hiring process to turnover of the employees. The organization brings people to the organization before they join, and have them look at the workplace. This means if the candidates like the workplace and choose to join the organization, it reduces the attrition or turnover rate.
3. Checking the Profile on Social Networking Sites: Organizations now a days take the help of social networking sites such a Facebook or Linkedin to have a look at Candidate's profile. When a candidate applies for the job, his behavior is traced or checked on these social networking sites. This is the process of checking if the candidate fits the job or not.
4. Holding on the employees: Quatrro BRO Solutions has started a concept of keeping in touch with high performers who left the organization for some reasons and if they want to come back at any time they are welcome by the organization.
5. innovative practices of reward and recognition: Rewards and recognition plays and important role to motivate employees. In today's world companies use new and innovative practices of reward and recognition to motivate employees. One of these practices include giving gift store vouchers like Shoppers stop, life style, etc.