The workforce in today’s business environment has gone through much change and newer trends continue to influence and shape the way in which people work in every position. It has become more digital, more global, diverse, automation-savvy, and social media- proficient.
The 2017 global trends report by Deloitte reveals how there is a pivoting to new organizational models; innovation-based HR platforms; employee experience strategies & learning and career programs (driven by social and cognitive technologies). It points out that as technology advances, so does the gap between technological sophistication and work actually performed; putting human capital strategies as the front-runner in the pursuit to reduce the same.
The trends pointed
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3) Talent Acquisition: This particular trend discusses the changes brought into the recruitment process. Technology comes to play a key role, with recruitment becoming more and more digital. Cognitive tools, video, gaming and social media tracking are few to be named. AI and other advancement could potentially take up tasks such as sourcing candidates. It discusses the dynamic shift of appealing to the employee and creating a positive candidate experience in order to draw in the best talent. Building psychological connection and strengthening the employment brand is also expected to be added to the HRM repertoire.
Such development could also mean the expansion of the HR team, the likes of which are yet not given prime importance.
4) Employee experience: With rising demand for talent, employee experience also turns out to be a highlight in the HRM scene and more importantly has the potential to be a critical competitive differentiator. The report states that engagement and culture form vital elements of the same. Furthering the argument, employee experience is compared to customer satdisfaction giving importance to real time feedback tools. Going beyond and monitoring health, productivity of employees and always-on feedback systems could be commonplace.
5) Performance Management: A facet of HRM that has been much discussed, experimented and continues to fall under the lens is that
The purpose of this reflective paper is to show my understanding along with what I have learned about HRM (human resources management) and the different way HRM impacts the success behind every business, along with the rules and regulations that go with it. Over the last five weeks I have learned quite a bit about HRM and will reflect on that throughout this paper. “Human resource management is the managing of human skills and talents to make sure they are used effectively and in alignment with an organizations goals.” (Youssef, 2012). I will be including the things I learned throughout the last five weeks in this
In an era of organizational flux due to competition and globalization, companies and employees are faced with constant change. Leaders must be able to adapt to change as the environment shifts. HR has been known as the organizational change agent, administrative expert, and employee advocate. More recently they have been regarded as business strategic partners for many organizations. In order to be successful and remain competitive in today’s market, Human Resources (HR) must be considered a strategic partner if an organization wants to flourish. Top executives today commit significant resources to ensure that their company’s functions are capable of rapid change and achieving their
Recruitment refers to hiring a best qualified person for a job opening in a cost efficient and timely manner. This process comprises evaluating the job requirement, attracting the candidates, screening and short listing the qualified applicants, employing and incorporating them with new teams. Talent is the most important assert for any business. Talent Management, which includes recruitment, is a crucial part for any organization’s growth (Limor, 2013).
Having the appropriate technologies are also important options to consider when providing recruitment services to outside companies. The goal of TalentSrch’s initiative is to offer consistent quality to their clients. This comes in the form of creating a great recruitment strategy and the use of internal and external online recourses to satisfy the client’s needs. TalentSrch uses several online sources to deliver their sources. Finding and attracting quality candidates is the key to the TalentSrch business model. In order to do that effectively the use of internal and external recruitment tools is needed. TalentSrch is able to use traditional sources such as Dice, CareerBuilder, Monster and Linked In to identify candidates. They also have a tool that no other company has, which is their internal
Throughout the United States, the workforce has adjusted to fit the many necessities of the employees and the different organizations. It has taken time for these changes to occur, but as shown in the readings, there have been huge changes from the 1950’s to the present.
As the entire world, the workforce faces a continual changes over years. The workforce in 1980 is not the same now. Nowadays, businesses have many different kinds of workers with many different characteristics due to the age, ethnicity, gender, race, communication style and so many others.
This report identifies and assess factors that affect an organisations approach to both attracting talent and recruitment and selection. It also identifies and explains benefits of attracting and retaining a diverse workforce, describes methods of recruitment and methods of selection.
I’m going to discuss technology and the role it plays amongst recruiting and selection procedures. Technology has changed the process of HR recruitment and selection of applicants significantly and will continue to do so. Chapter 7 and 8 does not cover technology; however, I would argue that technology is a game changer when it comes to recruitment and selection. The reason I’m discussing technology is because I’m assisting with recruitment and the biggest challenge is our ability to expand our recruitment pool, since our technology resources are currently limited. Large organizations
The job of talent acquisition pros must change, and for that change to have impact, talent acquisition software, and career sites, must change. We must adopt platforms that have the power to automate interactions with candidates, based on the historical context of their searches and visits to career sites. We must map out the candidate journey, much as we’d map out the customer journey in a marketing campaign, to contextualize the experience for candidates visiting our career sites.
Employee Engagement: It’s a known perception that an engaged workforce provides many intangible benefits that is linked directly to retention. HR policies should focus on employee engagement initiatives that stimulate motivation levels of employees to perform better and bond with organisation. This process should be initiated right from induction and continue throughout their tenure by opening channels of continuous communication and encouraging interpersonal relations. HR is responsible to incorporate methods to measure engagement and at regular intervals track engagement contribution to company’s success.
Tata Consultancy Services ,headquartered in Mumbai is an Indian multinational company which provides basically three services: Consulting, IT services and business solutions .It operates in 46 countries and is ranked 40th overall company in the ForbesWorld’s Most Innovative Companies .The reason why I chose the topic “Talent Acquisition at TCS “ is because TCS is one of the largest private sector employers in India and since a few years it has been the largest IT recruiter in India and therefore I wanted to study how TCS manages to acquire and recruit the largest number of Indian IT employees .I have focused my research mainly for the post of System Engineer. Also the distinct feature of TCS is that it has become the top recruiter for women
The problem is that utilizing technology based recruiting (including Social Networking Sites and Applicant Tracking Software) for selection of candidates may result in a detrimental fit between employee and organization. When considering organizational fit; “The concept Person-Organization Fit (POF) deals with the congruence between the employee’s own personal values and the values of the organization, according to the employee’s perception” (Farooqui & Nagendra, 2014, p. 123). These limitations could culminate into a poor fit, resulting in diminished job satisfaction as well as poor job performance (Farooqui & Nagendra, 2014). The population that is affected by this problem is Human Resource (HR) management. The research will specifically focus on talent acquisition that will reduce problems through strategic recruitment.
Susan Ward(TB, 2016) talks about the different hiring shortcuts which are made available to new applicants which we find realistically speaking very modern and applicable to this new era of technology. Part 3 examines the different developmental stages in the recruitment process and how employers should go about it. We discuss new ways toward a better recruitment process and at the same time see the importance of incentives or perks to employees.
In addition, the employment process requires effective communication in terms of the messages to post via advertisements. This is because potential candidates will be attracted by the content of the messages displayed through the adverts. In light of the current technological advancements such as the Internet and social networks, human resource managers would want to utilize such channels to reach many potential candidates across the globe (Lugonja, 2011: 2). This calls for flexibility and willingness to invest in technology where adequate efforts have not been made. However, a multidimensional approach would work better since not all people can access the Internet. In a nutshell, the process of selection and recruitment involves looking for and motivating prospective employees to apply for available job posts. Being a negative process, selection entails scrutinizing the qualifications of candidates that have applied in order to choose only the best applicants for various jobs (Sharma, Khurana, & Khurana, 2009: 17).
Having a functioning and efficient talent acquisition team is of vital importance to a firm. In a time where firms have to make quick decisions in order to remain relevant and profitable, availability of the right labor does not always keep up with the need. Not having a functioning talent acquisition strategy can be detrimental. It is essential that talent acquisition be accurate and timely as it “is the only function within HR that can destroy the business and HR” (Truitt, 2013). In order for the talent onboarding to be timely and successful, the search, vetting and hiring of talent will require appropriate acquisition actions. “The selection of tools, technology and outsourcing partners is a key element of a company’s talent acquisition strategy” (Erickson, 2012).