HR Practices: HR News, Trends & Workplace Insights

Explore the latest HR Practices news, trends, AI innovations, HR analytics, and digital workplace insights. Stay updated with expert opinions and industry developments.

Updated on: Jun 2024
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BYJU’S cuts new sales hires’ pay by 90%, linked to performance
Performance Appraisal

BYJU’S cuts new sales hires’ pay by 90%, linked to performance

According to the report published by inc42, a global ed-tech company, BYJU’S has reduced the fixed salaries of new Sales hires by 90%. The fixed monthly salary for inside sales associates will be around INR 10,000, down from INR 35,000-INR 40,000 from December 2023. Offer letters issued to inside sales associates show a total annual compensation […]

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Building Accountability Through Transparent PMS Practices
Performance Appraisal

Building Accountability Through Transparent PMS Practices

Accountability has become a hot topic of discussion in the workplace but what does it mean and why is it so important? Accountability is the responsibility of a group or an individual to account for their actions and results. Employee accountability ensures that everyone is playing by the same rules and has a shared understanding […]

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Evolving Role of Technology in Modern Performance Management
Performance Appraisal

Evolving Role of Technology in Modern Performance Management

For Generation Z & Millennials, technology is not just a tool, but a way of life. The same goes for the young Gen X also to a large extent. Together they constitute 80% of the total corporate workforce in India. Career aspirations and desire for professional growth, the two key elements to be captured under […]

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Ethical Considerations in Performance Management: Ensuring Fairness and Transparency
Performance Appraisal

Ethical Considerations in Performance Management: Ensuring Fairness and Transparency

A key element that differentiates the best organizations from the rest, is an effective performance management system. Organizations worldwide invest significant resources in developing robust performance management systems (PMS). The primary goals of a PMS are to align individual and organizational objectives, provide employees with valuable feedback, and cultivate a sense of satisfaction and engagement. […]

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It’s not Money, Employees prioritize challenging tasks and growth opportunities
Employee Engagement

It’s not Money, Employees prioritize challenging tasks and growth opportunities

In the workplace, it’s not just money that matters to employees. Many prioritize challenging tasks and opportunities for growth over higher salaries. They seek environments where they can learn, develop new skills, and advance their careers. Challenging work keeps employees engaged and motivated, fostering a sense of accomplishment and purpose. Opportunities for professional development, such […]

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Transforming performance through coaching excellence at Hilti
Performance Appraisal

Transforming performance through coaching excellence at Hilti

From Managing to Elevating Performance: Leveraging the Power of Coaching at Hilti In today’s fast-paced business landscape, success hinges not only on innovation and product excellence but also on the ability to nurture and develop talent. At Hilti, known for our innovations and excellence in serving the construction industry, we recognize that our people are […]

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Importance of Emotional Intelligence in Performance Appraisal
Performance Appraisal

Importance of Emotional Intelligence in Performance Appraisal

The dimensions of Emotional Intelligence have gained significant recognition in the world of performance appraisal in recent years. While traditional performance assessment parameters often focus solely on cognitive abilities and technical skills, EQ encompasses a person’s capacity to recognise, understand, and manage their own emotions, as well as those of others. This holistic approach to […]

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Fostering Culture of Continuous Improvement Through Performance Management
Performance Appraisal

Fostering Culture of Continuous Improvement Through Performance Management

A continuous improvement culture refers to an organizational environment where the relentless quest for improvement, innovation, and excellence is deeply rooted and valued by every member. Continuous performance management is the most effective cyclical process that happens over and over again throughout the year. The cycle involves planning (setting goals and expectations), regular checking in, and review […]

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How AI Has Revolutionized Performance Management Processes
Performance Appraisal

How AI Has Revolutionized Performance Management Processes

Artificial Intelligence (AI) is rapidly transforming the way organizations approach performance management processes. By leveraging the power of machine learning, natural language processing, and data analytics, AI is enabling companies to streamline and optimize their performance evaluation systems, leading to increased efficiency, fairness, and employee engagement. Automation of Routine Activities, Enabling HR to Add […]

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Axis Bank to train LGBTQIA+ for careers in banking; Apply Now!
Diversity & Inclusion

Axis Bank to train LGBTQIA+ for careers in banking; Apply Now!

Axis Bank has introduced the ‘ARISE ComeAsYouAre‘ open campus program, a new talent acquisition initiative aimed at recruiting individuals from the LGBTQIA+ community from any college campus in India. This program focuses on skills-based hiring, emphasizing the skill set and potential of candidates rather than traditional criteria like specific degrees or college backgrounds. By doing […]

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Employee Experience During Appraisals
Performance Appraisal

Employee Experience During Appraisals

The word performance appraisals makes our ears stand up and we become more alert. It prompts us to stop all-important work and redirect our attention to this subject. Well, this is the time when you get to know how you have been faring and spend some quality time discussing your work, career, and priorities in […]

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How Infosys engages its employees to retain them in the long run
Employee Engagement

How Infosys engages its employees to retain them in the long run

At Infosys, fostering employee engagement and retention is a multifaceted endeavor, drawing from a diverse array of strategies aimed at cultivating a supportive, inclusive, and fulfilling work environment. Through a combination of innovative initiatives and a commitment to nurturing talent, Infosys has established itself as a leader in employee satisfaction and retention within the tech […]

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