I just downloaded an article by our RG friend, Prof. Krishnan Umachandran, titled "Dynamic Human Resources" (see attached). Human Resources Department (HRD) plays an important role in recruiting well-qualified employees for successful production, strategy planning and goal-fulfillment of an organization.
One of the important problems of HRD is "employee retention". When a successful employee submits the resignation letter, HRD normally tries to convince through a chain of meetings to convince the employee to stay and if all fails, departure happens with the usual procedure and exit-survey is taken.
For employee retention, recognition of employee is very important and it can happen in many ways. Prof. Umachandran suggests to bring management and employees for two-way communication, briefings and devote for organizational development.
Prof. Umachandran also suggests that additional engagement additives towards human bonding are through the following processes of involvement:
- Recruitment process inputs such as skills, qualifications, experience for new employees.
- Security inputs such as appointment orders, policy of guarantee, insurance and coverage.
- Rewards and incentive planning inputs such as pay, performance related payments, bonuses, ex-gratia and compensations.
- Employee share ownership schemes or Stock options, Information sharing such as fmancials on investments, operations, earning of the organization or staffmg etc.,
- Empowerment features such as few core contributing employees have a lot of control and discretion over variety in their work, people, practices etc.,
- Self-managed teams are more essential to have autonomous delivery of planned and routine activities such as work in teams, appoint their own leaders, jointly decide work flow and sequencing, responsibility for specific products or services etc.,
- Training is great feature of institution building were core employees have the responsibility of cross-training some employees formally and trained on the job.
- Promotion and job mobility from within may be given preferential options for intemal applicants while filling vacancies.
- Role clarifications and performance evaluation
Your views are welcome, thanks! - Sundar