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Importance of Employee Training

Human capital is an asset whose value can be enhanced by right kind of investments. The goal is to maximize value while managing risk and incompetence. Hence, training is essential. Training is the core subject for an organization to make the employees ready with the ever-changing world practices and technologically sound. Employees not just in the technical but also, have to be trained on the non-technical side of the business depending on the work culture. Specific skills are required by every organization depending on the business strategy or industry in which they cater. Training is provided to the candidate to acquire these specific skills sets. Training can be divided into two types depending on the new or old employees. The induction is the part of training which is given to the employee who has joined the organization recently and needs to cope up with the organization’s work culture. On the other hand, the training is given to established employees who are willing to take u
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HR Challenges That Startups Face

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This is no secret that the startup companies are getting blossomed all over. Many countries have also come up with special policies with respect to promote startup companies. Laws are attracting the startup entrepreneurs from industries across the globe to invest and promote startup culture in their region. Most of the startups have initially 2-10 people working together to offer something unique to the market. 1) Hiring-Firing This is also arguably the most important HR process, especially in early-stage startups. Too often, startups focus more on the product than the people behind the product. This is what really matters! Productivity and success will follow. There are multiple challenges that an employer faces while recruiting and managing the employees. Inappropriate behavior, unethical work, fear of potential lawsuit due to work infringement, etc are some of the things that have to be dealt by the employer on behalf the wrong staff hired. 2)Legal Regularities All
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SIX REASONS FOR TEAM BUILDING

Team building brings people together by encouraging collaboration and teamwork. Fun activities that help people see each other in a different light allow them to connect in a different setting. People on your team are asked to think about the implications of these activities at their workplace. Team -building activities are a way to provide high-impact learning, increase team skills and communications, and improve morale and productivity. Employees benefit from experiencing a sense of accomplishment in working as a group to complete a challenging task and learning ways to improve communication skills. One of the most powerful reasons for team building is to get results. Through a series of planned team building events that are fun and motivational, teams build skills like communication, planning, problem-solving and conflict resolution. Team building ideas that work help facilitate long-term team building through fostering genuine connections, deeper discussions, and processing.
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How to retain good employees

Employee maintenance is a standout amongst the most inquired about territories in administration counseling. This is on the grounds that employee maintenance offers colossal advantages for associations, for example, efficiency, engagement, and income. Be that as it may, the advantages of employee maintenance are money related, as well as make top-notch relations, development, and supportability. A decent employee maintenance technique ought to be a corporate need. At the point when employee maintenance is dealt with as an optional issue, the association ends up noticeably broken. A few endeavors execute transitory projects to diminish turnover or increment employee fulfillment for the time being, yet the aftereffects of these methodologies are constrained. It is important to hold onto employee maintenance an as a business competency that must be outlined, executed, and assessed consistently. At the point when employee maintenance is a fundamental piece of the general vital corporat
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Human Capital Management Drivers for Organization

Human Capital Management refers to the management of an organization’s employees for them to contribute significantly to the overall productivity of the organization. Every employee tries his level best to utilize his knowledge and skills to benefit his organization and become an indispensable resource in due course of time.  HCM emphasizes an alignment between the individual and the organization and in our view offers the challenge and the key to successful management in the future. Human Capital Management Drivers act as catalysts for an effective human resource management. Human capital management drivers fall into five major categories: 1.    Leadership Practices Communication:  Employees must be treated well for them to develop a feeling of attachment and loyalty towards the organization. Managers must understand that their role is not just to sit in closed cabins and impose ideas on others. They ought to communicate well with their subordinates. Employees must have a
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How to make your performance management process more sustainable

In the present situation, the part of Performance administration has advanced as a procedure where supervisors and representatives team up to plan, screen and audit their work goals to contribute towards the accomplishment of the association. Execution administration isn't only a yearly execution survey any longer, it has turned into the nonstop procedure of adjusting destinations, assessing advancement and setting persistent instructing procedure to guarantee that workers meet their profession objectives and goals. An execution administration is an awesome measure for compensating greatness by verifying individual worker achievements with the organization's central goal and objectives, which make both the representative and the association, recognize the importance of a vocation well done. By building up clear execution desires workers comprehend what they have to do at work. Plus, setting gauges additionally plays by the principles and have a concurrence on the objective
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The Art of Salary Negotiation

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Salary negotiation is all about getting the best possible deal with the least possible cost and at the same time leaving the other side intact and positive that they will negotiate with you again. The best-case scenario is a win-win situation, where both parties go away with what they wanted. Post negotiations, it is rare to see both sides feeling good about the process. Most of the negotiations end up being a win-lose arrangement where one side wins a lot of concessions and the other side leaves with nothing or petite gain. This outcome is suitable for one-time events, like buying a house. People who stand to gain relatively less than you are not happy people; good win negotiators focus on the target, issues and the underlying interests of both the parties. They use accepted ethical principles in negotiations. The personal issues are dealt with separately if at all, avoid personal slander and stay away from taking rigid positions. Here are some quick tips to avoid getting into a
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