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Thursday, April 19, 2012

Five ways to deal with a poor appraisal


Bad appraisals, like bad hair days, happen to the best of us. Quitting is not a solution. Rather, take a good look at your performance and concentrate on the course ahead.

Look Within: The first step in dealing with a bad appraisal is to keep an honest mindset and introspect about your performance. "First ask yourself the question: 'What is wrong with me?'. Once you attack that, other things usually fall into place," says Dabur India HR head A Sudhakar.

Talk to the Boss: Speak to the boss about the performance review. "There is a good chance your boss may not have remembered critical activities and initiatives you have undertaken," says Meenakshi Roy, senior vice president, human resource, Reliance Broadcast Network.

Take it in your Stride: There is a good chance that your boss' critical evaluation is spot on. "Try never to take these critiques personally and quit. That may be your biggest mistake. Consider consulting another senior colleague or a mentor," says Roy.

Plan Ahead: "Be actively involved in setting your targets for the year ahead based on your strengths," says S Roy, a midlevel manager in an IT firm . Also, periodically review your performance with your boss. That way, there will be fewer unpleasant surprises.

Move on Gracefully: At times, reasons not connected with your performance affect the appraisal you deserve. "You can bring up the issue with your bosses. But if nothing comes of it, it's time to move on," says Sudhakar. But don't make an ugly exit. "You never know when it can come back to haunt you," he adds.

Source : Economic Times

Monday, April 16, 2012

No gloom here, job-seekers are having a field day


The India story remains robust, as far as human resources go.

The local recruitment and human resource (HR) services industry will post a compounded annual growth rate (CAGR) of almost 20% in the next five years, says a report by the Executive Recruiters Association (ERA) in association with global consulting firm Ernst & Young (E&Y).

The sectoral size will race to the `55,700 crore milestone, given the rapid growth of the market from a highly fragmented and unorganised sector to a structured and organised industry.

The industry size currently stands at `22,800 crore, dominated by talent acquisition in the form of recruitment, temporary staffing and executive search. The best part is it has been growing at a CAGR of 21% for the last four years — from 2008 to 2011.

Vipul Varma, chairman, ERA, thinks that HR services and recruitment have come of age and may see a wave of consolidation with the entry of multi-national companies (MNCs) and emergence of new models like recruitment process outsourcing (RPO) and managed services.

“HR consultants are now increasingly being viewed as partners in an organisation’s growth strategy rather than just being vendors.
The search market is growing on the back of expansion and diversification plans by domestic and international companies across sectors. This apart, recruitment as a practice is evolving from an unstructured and fragmented ecosystem to players adopting new norms of productivity and efficiency,” said Verma, while marking out key industry growth drivers. ERA is a non-profit chamber of commerce representing Indian executive recruitment consulting firms.

The report also highlighted that more and more companies are pouring into the temporary staff model due to growing business complexity and talent challenges. This approach allows them to go for smaller bench strength to tackle mounting global economic uncertainties.

Amit Zutshi, partner, Ernst & Young Transaction Advisory Services practice, offers some useful insights. He is of the opinion that the Indian economic, social and cultural landscape is in an unprecedented state of flux.
“The need for solutions for complex problems of growth, innovation, and professionalisation is driving the opportunity for the HR solutions industry in a way that has never been seen before,” said Zutshi.

Coming to the professional staffing market in India, IT and engineering sectors, along with increased staffing, may play a decisive role, moving forward. Growth in key user industries such as retail, ITeS and telecom, and large companies shifting to the organised space are likely to add momentum to general staffing.

Reeling off some statistics, Bijou Kurien, president and chief executive, Lifestyle, Reliance Retail, said: “The $450 billion Indian retail sector employs 35 million people across traditional and modern retail. Retail is the second-largest employment generator after agriculture sector and modern trade will create 18 million new jobs by 2022. Approximately, 75% of these people will be required in the front end.”

Pradeep Dhar, CMD, Vitasta Consulting Pvt, feels temporary staffing is getting bigger especially with IT, ITeS and a few other services industries like hotels, food and catering businesses.

“The phenomenon is huge with information technology and IT enabled services as the requirements there are very huge, given the kind of attrition levels at these companies,”said Dhar.

Payroll outsourcing is also picking up big time with domestic and international companies operating in India as it’s considered a complex and non-core activity. The other notable aspect here is attrition. While players in the IT industry put it at 12-13%, the figure actually tends to go up to as high as 20%. Of the whole lot, RPO has been identified as an emerging concept in the Indian recruitment and HR services industry.

Source : DNAINDIA

Wednesday, April 11, 2012

Before taking new job, exit gracefully


In case you have recently got a job offer, make sure you collect your relieving letter before you join the company. Also, do not take your exit interview for granted, says a recent survey by TeamLease Services, a recruitment firm. The survey revealed that 92 per cent of the employees and managements across all industries take exit policies seriously. The survey also shows that while recruiting, over 90 per cent of the companies stress on a relieving letter.

The study, called ‘Impactful Exits’ surveyed around 800 people across eight cities — Delhi, Mumbai, Pune, Chennai, Bengaluru, Kolkata, Hyderabad and Ahmedabad.

“Employees are recognizing that the labour markets are small and ungraceful exits come back with compound interest later. Adherence to a professional and clean exit is increasingly being witnessed in the work force today. But we don’t anticipate relieving certificates becoming a deal breaker for new employers until the skill crisis eases,” said Surabhi Mathur Gandhi, senior vice-president, IT Sourcing, TeamLease Services.

The objective of the research was to understand the employees’ seriousness about the exit process and assessing the processes at various companies. The study aimed to evaluate the importance of having the exit policy in place and its impact. As far as the city-specific figures are concerned, 99 per cent of employees in Chennai and Bengaluru take the exit policy seriously. In Kolkata and Ahmedabad, the figure is 95 per cent, followed by Pune with 94 per cent. Delhi, Hyderabad and Mumbai stand at 92, 89 and 85 per cent respectively.

Apurva Sanaria, group director (HR & OD), IMRB International, said quit a firm for various reasons and exit interview plays a crucial role in understanding those reasons. “With job-hopping becoming a trend, it is important to retain good staff. At the same time, you get relevant inputs about an employee’s reason for leaving only during the exit interview.” Sanaria said at IMRB, as a company policy, a candidate cannot be given the appointment letter until he presents the relieving letter from his last firm.

TCS officials say the firm follows the exit procedure quite seriously. Bhushan Surve, assistant manager (HR), TCS, said, “Depending upon the reason stated by the employee, the HR can offer him/her options and retain the employee.”

The study also says that barring eight per cent of companies that conduct exit interviews online, most prefer a face-to-face interaction. In Pune, 71 per cent exit interviews are conducted manually, five per cent online and 24 per cent firms follow both. The survey points out that the top two reasons for a person leaving the company are growth opportunities and higher salaries.

Gautam Bhatara, who recently joined Reebok as area sales manager for Maharashtra and Goa after working for over three years at Tata Capital Ltd, has a different opinion about exit interviews and relieving letters. He feels that for many companies, exit interviews are a mere formality. “Not all companies are rigid about relieving letter. Some are willing to give a prospective employee extra time,” adds Bhatara, who made the switch as he wanted to shift from a finance-based company to a product-based one.

Source : INDIAN EXPRESS

Sunday, April 1, 2012

Govt proposes job opportunities to prevent trafficking


The Ranchi district administration today proposed to explore job opportunities for the unemployed in the retail sector with an aim to prevent trafficking of innocent persons, who often fall in the trap of middlemen.

"We would like to use human resource by way of providing them employment. We can explore job (opportunities) in the retail sector," Deputy Commissioner K K Sone said during felicitation of 16 girls, who were trained as "house managers for hotels" after being rescued from the clutches traffickers.

Lauding efforts by Action against Trafficking and Sexual Exploitation of Children and Women (ASTEC) in the rescue of trafficked girls and rehabilitating them, Sone assured additional funds if the youth were trained in other skills.

Echoing Sone's proposal, Jharkhand police chief G S Rath said Chamber of Commerce and Industries could be requested if employment could be generated in the retail sector, and efforts should also be made to explore opportunities in the health sector.

Terming trafficking as a horrible crime, Rath stressed on prevention and prosecution of trafficking while protecting and rehabilitating of the rescued persons.

Stating that Ranchi district was included in the Integrated Action Plan, Sone assured additional funds, provided the youth were imparted in training that would help them find their livelihood.

Referring to some rescued girls being trained as security guards and got postings in Kasturba Gandhi Residential School, Sone said the security guards were asked to pursue studies simultaneously so that they could move ahead on the ladder of success.

"We have told the girls (security guards) to teach other girls on self-defence skills so that the children can defend themselves," he said.

The ASTEC's Convener, Sanjay Kumar Mishra, said, 253 rescued girls were recruited as security guards in schools and private companies in the last few years.

Source : INDIAN EXPRESS