Economic downturns, financial difficulties, changing market conditions, mergers or other factors may suggest that reducing the workforce is the answer. This has been a very pervasive managerial practice for over decades, but the question that arises is – how successful is this practice in reality ?
In many cases the pain related to downsizing cannot be avoided but time has shown that such activities rarely deliver the anticipated results. The impact on the human element may in many cases outweigh the minor benefit gained in terms of reduction in HR costs.
There is an old adage that people quit managers, and not jobs. It maybe true in some cases but I don’t totally agree with that. There are many other factors which contribute directly or indirectly to such a major decision – which maybe :
The year is ending and performance appraisals are in full swing. It’s an important time of the year and one of the most important things you can do to ensure the success of your performance appraisal is to actively prepare for it.
After completing our education we tend to think that learning and exams are a thing of the past – but very soon we realize that the workplace can also be a very competitive learning environment. In the workplace employees are constantly being assessed and judged on their knowledge, capabilities and skills. Further they are compared and bench marked against their peers.
In today’s world communication is an essential tool which helps an organization to achieve productivity and maintain strong working relationships at all levels.
HR is first 