Category: Human Resource

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Current Affairs - Corporate Employment Trends Entrepreneurship Human Resource Industry Evolution Leadership Uncategorized

Democracy – Strength or Weakness??

India is suffering from a disease called ‘Democracy’. 

Everyone can’t be a speaker. Some have to be listeners. Because listeners are the Doers. And doers are the change-makers.

So democracy or dictatorship? 

India has a better chance to grab the business opportunities from other Countries as an alternative to China. Since China has created a paranoia with minimal justification, the forecast is, many countries depending on China for their’ manufacturing support will move to India. The other option the world has is Vietnam, Malaysia and Indonesia.

India might seem a lucrative option compared to any other country to the Investors. We might win the competition over any other country due to the statistics our country shows – 130 cr population, 68 million graduates,  43% of the total population in the age group of 18 to 44 yrs ( the highly productive phase of the age) and nearly 10 % more in the age group of 44 to 54 yrs (still the employable group) keeping the average age of an Indian to 29 years according to 2011 census , (rightly called – Young India) , which has grown proportionately now, 7th largest country in the world, ranking 4th in the world in natural resources. What else?  But, how will we sustain?

How will we accommodate these countries and the business opportunity? How will we prepare to accommodate them?

What is the transformation we need to undergo? 

A country with a mindset of the population – ‘Degree is the criteria for getting a job’. 

Companies are always on the hunt for good resources. Industry is suffering due to unavailability of the right resources. Higher rates of attrition are causing project delays. Here we have headlines stating unemployment as a burning issue. Resource availability, Skill issue or will issue? What is the underlying truth? 

Designations are more attractive than the quest for knowledge and zeal to deliver. 

Resource approach: Everybody wants to be a Manager, dictate terms, enjoy the luxury of the authority and higher pay package, not understanding their contribution to the system from their current role. 

The way we revolt….

We have a voice, so we will voice out everything coming to our mind through revolution, strike or with the support of media. Everyone’s pain needs attention by blowing it out of proportion. Resolution isn’t the only aim. Noise is also the aim. ‘You need to stand for yourself, no matter what’. But the way we do it is so ridiculous. We revolt in a way which yields to our own long term damages. These revolts cause irreversible damages. Any fair chance of recovery takes years and decades. 

No one wants to follow the right leader. Everyone wants to be one. We follow a leader with destructive ideologies rather than constructive ones. There are very few leaders – wise and selfless. Else most of them are keen on making a statement, irrespective of the chaos the statements may create. Leaders need to be orators only or strategic thinkers? 

Most of them think adversely or momentarily than aligning to the benefit of the Country and Community. Too much wisdom about unnecessary and nonproductive things exhausting the bandwidth further delaying the growth of the country. Personal and individual gains are priority as compared to community gains. 

Only one set of people is in alignment with law making and law abiding process. Rest of the majority are only commentators. These people can debate for days and months, to prove the law or the rule as wrong. Such approach lead to delay in Implementations. This delay results into non availability of data to measure the outcome of amendments made. It dilutes the purpose of amendment by the time data is available.

The definition of hard work means number of man-hours, quality and quantity of work. Management of resources is on extreme sides at both ends. Either the management is too ruthless or the workers are too dominating, lazy and take advantage. Laws do not give an upper hand of control to the victim in any case either, in a defined time period. 

Industry suffers from attrition, underperformance, lack of  accountability and  ownership in the deliverables. No yardstick to measure and record workers’ performance or integrity.

No common forum by Govt or a central body to define the benchmark and SOP of any technical, non-technical  activity. 

Industry is slowly reducing the efforts in the development of the employee. Either by means of training or any other investment on employee’s development. The reason is eventually the investment on resources is a loss, when the employee leave without adding value to the organization.

Government’s  changing decisions and processes with every new party who replaces the earlier. Every Govt coming to power within 1,2 3 or 5 yrs at state level have different agendas. These leaders push behind the running projects to the backstage creating fear for the MNC’s by keeping their projects on status quo for longer duration delaying their ROI schedules. Time overrun takes the project cost higher. There is no audit mechanism of projects to secure the investment and complete projects on time irrespective of which Govt is in power. 

The Grants, licenses and documentation are time consuming. Its complicated because of people’s non cooperative approach, is another roadblock. Superficially every process seem like ‘one window support’ as written and published. But ground realities vary drastically. 

There has to be a platform which will give control to the Govt rather than the Employees. The Corporate Governance need better rules. On the other hand develop an attrition control method. Devising compulsory fixed tenure for employees in each organization. Introduce automated evaluation mechanism to measure employee performance giving the Employer better confidence to develop the Resource. Save time and money of the Industry, lost in all this transition of resources leading completion of assignment or projects without hassles. 

Our Country’s financial strength is visible in times of pandemic, recession or any other natural disasters. Our turnaround-time to come back to normalcy will portray  the strength of our Economy. We ought to redefine the meaning of ‘democracy’ in India to reduce the impact of such a scenario benefiting every single person in this country.

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Current Affairs - Corporate Human Resource

We care for our Employees!!!!

The pandemic has created a sense of threat wherever you are. At Home, Office for anywhere we go. In an environment so threatening, we at VEN India consider our Employees’ Safety above everything else. After our last initiative of vaccinating our employees and their families, we have progressed towards the next step of ‘Employees Safety First’. We at VEN India, believe that a safe work environment is what motivates any employee to perform in a carefree environment. Our Company has a 360 degree approach when it comes to employees’ safety. .

We at our company have installed a safety device called Eureka Forbes SHYCOCAN which deactivates 99.994 % CORONA family of viruses including the viruses associated with COVID-19.
DISABLE, ATTENUATE, NEUTRALIZE is the Statement best given to this machine .

‘Shycocan’ can allegedly produce a large number of charged particles through the photoelectric effect – i.e. when photons of light strike certain metals, they knock out some electrons. An everyday application of this phenomenon is to produce electricity from solar energy. But in the case of ‘Shycocan’, this well-known principle is supposed to create trillions of electrons that will float around a room and specifically target and inactivate the novel coronavirus’s spike protein.

I express my gratitude towards our Management in always caring for the employees as family members.
Indeed proud to be a part of this splendid VEN family !

Categories
Employment Trends Human Resource Industry Evolution

New Skill training Post Covid

A new essential skill set requirement added to all job descriptions across the world –
Experience and management of work from home model.
“Do you know to handle your teams on WFH model. What have been the productivity levels and what has been the engagement hours? The emotional quotient required to manage people on the other side of the screen remotely will be a major HR skill .This will be the most essential question hereafter from any organization in an interview.

Whoever will develop this skill the best way will only be eligible for a job of leading and managing the team, else only fit for an Individual contributor. Learn the skill sooner than other to avoid getting redundant in the system. Else system will take the leap of introducing and adapting to automation preponing the plan of redundancy of people in the system.

A big wave of retrenchment and job loss among desk and process jobs to begin post- pandemic since all the processes will have got automated and human intervention and engagement will drastically reduce. Industry will have prepared for the next pandemic which will occur after 100 years assuming it will be similar to COVID. But in reality, Industry will have insulated itself from human dependency by the means of automation. The threat posed by robotics, AI and Machine learning has been executed by COVID beforehand.

It wouldnt be surprising if people will be managed by robots which was mentioned as an irony and laughed out earlier.

Industry digitization would have remained a temporary arrangement if Covid would have ended up in the first wave. But since covid has prolonged to second, third wave followed by black fungus or better mutated covid virus, the digitization will be further extended, improvised, sustained and habituated to.

Industry needs formalising the skill of WFH as a major training need and build training programs like how people management, motivation etc.., were identified as a skill earlier.

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Current Affairs - Corporate Employment Trends Entrepreneurship Human Resource Industry Evolution Leadership Outsourcing Model Sectors

Best HR Team of the Year (Renewable Energy) awarded to VEN INDIA – Energy HR Summit 2021 Awards.

We are very proud to announce that we have been awarded the ‘THE BEST HR TEAM OF THE YEAR (Renewable Energy)’ from ‘Energy HR Summit India 2021 Awards’

The Award ceremony commenced on 6th May 2021.

VEN INDIA was represented by Ms. Sucheta Gour – Director Operations, Ms. Tanuja H Kumar – Lead HR, Mr. Mohan Prabhu – Program Manager and HR TEAM.

Click on the below link to view the award presentation.

The ‘Energy HR Summit India 2021 Awards’ are created to honor and generate public recognition of the achievements and positive contributions made by the Human Resource Leaders and their teams in the organizations that have taken the responsibility of promoting sustainability, development and excellence within the company as well as socially. The Awards identify and celebrate the very best, who have adopted the best practices and have become the role models for others to emulate.

These awards are one of the most coveted prizes for the torch bearers in the Energy sector.

It was indeed a proud moment for us to be featured amongst all the top players in Renewable Energy. We at VEN always ensure that we design our work and policies  to empower our clients to drive performance, innovation, and opportunity

CONGRATULATIONS TEAM VEN for all your efforts and dedication.

Categories
Current Affairs - Corporate Employment Trends Human Resource Industry Evolution

Industry trends during COVID and Post-COVID

According to Centre for Monitoring Indian Economy 27 million youth in the age group of 20-30 years lost their jobs in April 2020 following a nationwide lockdown to prevent the spread of Covid-19.
Further, 33 million men and women in their 30s lost jobs in April, out of which 86% of the job losses were among men, it said.

In addition to the job losses, pay-cuts, and furloughs, the other trends Industries are adapting are:

  • Deferring any incentives, appraisals to employees.
  • Laying off roles where there are repetitive jobs.
  • Performance-based layoffs due to skill or will issues.
  • Layoffs due to the non-adaptability of employees to post- COVID scenario.
  • Layoffs considering resources on the bench even for 15 days as a burden for the organization and shedding overheads.
  • Decrease of numbers in Support functions.
  • Laying Off Senior People in Senior positions in the age group of 50+ yrs addressing cost and as perceived by the Industry – limitation in the utilization of such resources due to mobility, multitasking, adaptability, rigidity, etc.,
  • Promoting Junior resources to Senior roles due to resource availability at a lesser cost, maximum utilization, flexibility, more accommodative, etc..,
  • Hiring resources across geographies due to Work from home model.
  • Doubling the expectations in terms of deliverable’s and accountability.
  • Transferring Permanent resources to contractual employment – this will reduce the overhead cost for the Companies and retrenchment cost based on future Industry uncertainties that can be well accommodated at lesser cost and no brand defamation.
  • Out-placement of retrenched employees.
  • Engaging skilled white – collared resources on assignment/ day/ month basis is the new trend.
  • Hiring experienced resources at the cost of an entry-level resource.
  • Deferring all Campus hiring offers to infinity.
  • Expanding the job description of new and existing employees.
  • Measuring performance only on results delivered and not on the engagement time.
  • Work from home, not limiting working hours to 9, 10, 11, or 12 hours.
  • Major Companies adopting to Work from home trend due to the cost saved on infrastructure.
  • Expecting Industry ready resources minimizing training time and training cost.
  • Human Resource engaging more in virtual employee engagement platforms.
  • Adopting Project-based engagement through contractual hiring.
  • Building effective virtual platforms of communication to make the Work from home model better.
  • Reducing trial time and adaptability time of any new resource joining the organization.
  • Transfer of employees to the most challenging locations or work area.
  • Bidding with extremely Competitive rates to gain business and sustain.
  • Keeping only the primary and lean benefits to the employees active.
  • Emphasizing on survival than growth.

Every aspect of the industry has undergone substantial modifications. Should it be called New -Normal or New World? But change always is initiated, implemented, adapted, and better successful in chaos.

Categories
Employment Trends Human Resource Sectors Uncategorized

Evolution in Employment trends.

Evolution in Employment trends.

How to have a productive work from home model yielding to a win-win situation for both employees and employers?

The industry is figuring out every possible way to accommodate this model since we aren’t left with any option.
Employee’s safety, Client Service, Company’s Survival are all equally important.

But, for Work from home model to be successful, employees need to accept that this is going to be a permanent solution for many of their problems of past and present. Personal, professional problems like travel time to the workplace due to traffic, pollution, uncertain food schedule, family time compromise, work-life balance, COVID Infection, social distancing; and Organization’s problems of today which have enormously increased due to COVID – Economic crisis, Opex, Company’s sustenance, Competition, Cashflow, Governance problems, Communication problems, Adherence to Compliance and Rules of Govt.

How should this be structured?

Every employee has to work to overcome the problems of their Company. All these years, risks belonged to the Company alone. The volume of people facing the uncertainty and directly affected by the risks in an Organizations was majorly the Senior fraternity. They had to risk a significant share of their salaries as a performance incentive – a performance incentive based on the Company’s performance and not just individual performance. The performance, which was at risk with every right or wrong decision since the right decisions and erroneous implementations, also impacted the Organization negatively. The remuneration or incentives of these Senior leaders were dependant on the whole crowd of people working in the Organization. Additionally, their credibilities also were at stake.

One of the possible initiatives could be passing nominal risk downwards. The industry has anyways announced a pay cut as a precautionary measure as a preparation for the uncertain scenario Companies might face in the next two years. The revoking of this decision isn’t having a definite timeline either, as on date. Why not convert the same to incentivize the resource against their performance monthly. This eventually would shift some risks of the Organization to the employee and also focus on the theory’ Survival of the fittest.’ There are ‘n’ number of people who have lost jobs due to this pandemic. Why not allow them to be paid proportionately to their performance.
Making an opportunity of every disaster has been a boon to the thought process of humankind. Why not the employees and employers make an opportunity to survive and thrive towards success following this theory?

We have had consulting engagements for specific roles in most of the organizations. How about increasing the ratio of people in these roles, passing down more accountability for most of the functions?

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Employment Trends Human Resource Outsourcing Model Sectors Uncategorized

Redefining Outsourcing

Redefining Outsourcing,

Bringing in a new trend in Employment and Resource Management, which the industry is in dire need today.

We all are cent-percent convinced with the understanding today that our well being is dependent on the Company we are working for. And every individual in the Organization is required to contribute 1000% to help the Company overcome this chaos. Employees are in the phase of giving more, and meeting the expectation of the Organization today.
The definition of working is redefined to what are the deliverables met? Yardstick and parameters to measure performance have entirely changed. It is no more the number of hours spent or efforts put in. Instead, it is only and only the output in the desired or lesser than the desired timeline by the Client that matters today.

It is and has always been of significance for Organizations to earn and save for tomorrow, not for today alone. So every Management decision is based upon securing the future of the Organization. The more sustainable the Organization, the lower are the risks of perishing, higher is the growth.

Outsourcing has been one of the options organizations have adopted for more than a decade to overcome future threats and current ambiguities. The outsourcing industry in terms of Job outsourcing, Subcontracting, or work contract has evolved in a significant way, since the phase of inception of the idea to today. But the outsourcing model concerning Resources has only extended to different sectors but not created depth. It has remained the same or altered very little in the last decade. Outsourcing resources are looked at as an alternative to recruiting or running a payroll of the employees. The resource engagement is considered as outsourcing HR process. Ideally, that shouldn’t be the case. But, the expectations and pricing aren’t clearly defined to plug-in with the organizational/ project requirements in most of the sectors. Resource outsourcing is compared with the resource cost and not the impact cost. This limitation has crippled the thought process of the sector, impacting the transformation of the Resource Industry faster. Or the Organization expects to replace the Work order assignments of PMC/ Contracting Companies. Of course, there are chances to achieve the same, because the deliverables are by the resources whether they are engaged with a PMC, Contracting Company, or a Resource Engagement Company.
Now is the time to expect solutions and not documentations from the Resource Outsourcing Sector.

Additionally, Organizations aren’t counting on them as a partner for their growth. They are just a borrowed identity for the employees engaged by the organizations to save the documentation and statutory disarray. There aren’t defined approaches, evaluated thought processes to draw a graph for the growth of this sector in a rational manner.
Resource outsourcing can be a powerful tool to revolutionize recruitment trends, employment trends, and performance trends. But with the right approach, expectation, and pricing by brainstorming sessions of the major players of the Outsourcing sector in synchronization with the other sectors.

COVID, revolutionizing employment trends, can expect the most efficient process and policy implementations through Resource engagement partners. Its right time now to lay right rules, timelines, and expectations with proper responsibilities, appropriate pricing – allowing the Resource outsourcing industry to mature and give 3-dimensional solutions to the organizations.

-Sucheta Gour

Categories
Employment Trends Human Resource Uncategorized

HOME IS OUR NEW AND PERMANENT OFFICE NOW ON

An Industry Insight – Fast Forward

With Work from Home as the New Employment mantra , can only IT Resources work from home? Not really.

How can most of our teams work from home and be effective?

All the industries today are going through major challenges, though different in nature and magnitude varying from Industry to Industry due to COVID. The Social and Economic revival is slow and will continue to remain so, till the people have acceptance to Covid like a common viral flu cured in an Out Patient department with normal precautions. With the pandemic, direct effects are visible, after effects and the intensity can be analysed only in the following years and partially remain unpredictable too.  The reasons being cascading effect on the other sectors and society too. But what will remain unchanged is this New Normal Employment trend of th industry which will remain constant for rest of our generations.

Industry scenario has turned conservative to an extent of  ‘Pay only for the extent of usage and efficiency’, the age old life lessons.

Breaking the barriers, Who can Work from home?

Support departments –

Human Resource – Talent acquisition/ Payroll/ Training & development/ Org Development, Purchase/Procurement/Supply Chain in any sectors.

Businesses-

Planning, Document Controlling, Project Coordination, Draftsman, Design, Costing, Commercial, Business Development,  Mid/Senior level positions in most of the sectors.

Summing up, it means 90% of the jobs from Corporate Offices refraining the site jobs can integrate and work on a “Work from home” platform.

The pre requisites for an earlier effective functionality of this model is

From Business – a 3600, 7 D approach to redefine and analyse the cross functional SLA’s, accommodate and implement them on the digitalized platform.

From HR – a genuine effort and great skill and experience in synchronization of the process with HR policies.

Efforts can be determined based  on results only- making Companies better productive and cost- effective.

In addition, the costs will be cut down from the Capex perspective like infrastructure investment, which now looking back to appear an unnecessary overhead. Lessons unintentional from COVID, but essential for the cost-effective, sustained, and improvised performance of an organization.