Posts

The Art of Salary Negotiation

Image
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 in...

Train Or Hire: What Is Better For HR?

Image
Harnessing the talents of the employees is also a responsibility of the HR department of every company. Investing in the employee’s talent is one of the ways of keeping your employee’s confidence in the company. This will also make him able to work for the company in a much better way and also enhance his moral towards company growth. However, some people believe that instead of spending time in the old employees who can even switch their jobs after training, hiring new people with the advanced skills is much better option. Though it is a debate which often happens in the meetings among the HR managers to decide the future of the company. This confusion is a serious concern for the HR managers who work for the small businesses which usually don't have even a team of HR specialist people with whom they can discuss. They only get the opinions of the owner or operational officers of the company who are not the right people to discuss because they don't have any human resourc...

Today’s Talent Acquisition strategies

Image
Talent acquisition  process is the methodology which finds and acquires skilled human labor for organizational needs and meets any labor requirement. As the time changes your talent acquisition strategy needs to change. Today’s employees are working remotely or choosing a flexible schedule to work. Some are choosing freelance and contract work for full time. In this situation, the recruiter needs to reexamine their traditional recruiting methods to keep this person fresh. Today’s talent is more demanding than ever, they need shorter and less predictable business cycle. Social media and the web is giving more and brief information about your company and culture. Organizations are now an open book, and candidates can easily get a clear picture of your culture – for better or for worse. So as talent acquisition manager you need to be transparent about your company culture, ethics, and management. Candidates are searching for jobs like their consumer experience....

How contract staffing works for organization

Image
Contract staffing is the method of recruiting people in the company on contract basis. This contract can be based in two different companies or between company and individual. Contract staffing helps the organization to quickly build their team with qualified consultants as are required to fill short term or long term needs. When a company is looking for easy way to fill the position they usually turn towards recruitment firm referred as a staffing company. Recruitment firm works with the company to determine their needs and details such as the contracts, payroll and much of the paperwork. This firm work to find qualified talent, handling much of the qualifying and interview process. The recruiting firm then hired workers called as the contract employee for a specific time and on the specific payroll. While they will work on-site at the workplace, they aren't a permanent employee; their contract is with the recruiting firm. This will be a three-way relationship: the company pr...

Important of External audits in organization

Image
Why Audit? An   audit   is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern. Audit means evaluating the effectiveness of a company’s internal controls. Every company has to maintain an effective system of internal controls for achieving a company’s business objectives, obtaining reliable financial reporting on its operations, to avoid misappropriation of its assets, fraud prevention within company and optimizing cost of capital. Some company’s also uses independent auditors with their internal to make audit more correctly. It is important to know the state of company’s current financial condition to investors, lenders or creditors so they can base their financial decisions accordingly. Here are the top reasons to conduct an audit: 1)     To assure th...

Importance of Behavioral training

Image
Behavioral Training Program: Behavioral training is a method for training a skill. Today’s business scenario has become extremely competitive. From an individual’s perspective, it is important that he or she has the necessary skill to present an idea or a plan effectively. Employees need to have specific skills that enable them to face the demands of modern working life, a behavioral skills training will help them to work on it. There are some skills on which organization needs to focus in order to create the happy and successful firm.  As India grows and begins to make a more global footprint and presence in the world today, companies are fast realizing the need to train their workforce to be relevant to the changing trends of corporate globalization. Behavioral skill deals with how you interact with your organization and with another member which are associated with the organization. It is set of training which develops skills in the employee.    1.Communication...

Innovation consulting

Image
Now a day's businesses are facing lots of problems. Globalization is spreading aspects of the business to the world. Lots of business converging and new ones are starting continuously. At this point, each and every business has to think about the new innovative things to do so they can retain their old client or gain new ones. This buyer's driven economy facing unpredictable demand and the shorter life cycle of product and service are creating challenges. It is clear that to grow organization they have to do many acts of business uniquely. In short, the presence of a business is depending upon creativity and innovation. Every business has a team which has some creativity level but as the business grows the creative and innovative levels should be grown to sustain in the market. All companies whether successful with innovation or not, have one thing in common that is their organizational culture. Our innovation culture uncovers the deeper problems and untapped opportunities ...