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Cultural Shift To Boost Employee Performance

Employee happiness does not depend only on hefty paychecks. It depends on why would someone want to wake-up and go to work. It goes without saying that the growth of the company depends on how well the employees perform and keeping employees engaged is important to boost their performance. Defining what employee engagement is, has been a constant struggle for companies as it is not the company's core focus.

Boosting employees performance looks foggy, but can be filtered by understanding why the employees are underperforming and then flipping the dynamics.

The reasons for an employee underperforming may be different for different organisations, but by implementing a few changes can alter the course.

"Employee engagement is an investment we make for the privilege of staying in business." The business adage stands true for every organisation and initiating a culture change can benefit both the employee as well as the organisation.

Here are ways to boost employees performance by making some cultural changes: 

  • Go Digital

“Ways an employee can improve performance,” is a common query that employee searches online. The growing “Rat Race” is prompting the employees to constantly find hacks to boost performances. Here is when technology plays a prominent role as the absence of which gives employees a reason for low productivity. Employers who provide a high level of access to technology always get good performance and results from their employees.

  • Simplify Your Org Chart

“How do you motivate your employees?” is a common query that employers search for online.

How would simplifying the org chart help?

Having an open-door policy wherein the employee can skip the hierarchical level and talk to upper management makes employees feel more engaged. This, in turn, can boost performance as the employees would feel that they are being heard.

A word from the upper management encourages employees to take ownership and add positive vibes to space.

  • Make The Environment Playful

We must have heard about the office culture that the tech giants like Facebook, Google, and other famous organisations follow. Having a playful environment kills work boredom, helping employees be more productive.

Color, playfulness and the occasional extravagant design element along with futuristic sleep pods, micro-kitchens, and arcade games are some of the popular methods that the tech companies are implementing.

  • Try Flexible Shifts

A flexible schedule is an employee working against the regular work hours, which generally is 8 a.m. - 5 p.m. or 9 a.m. - 6 p.m. The best advantage of working in a flexible shift is of having a great work-life balance. A flexible shift might sound, giving more freedom to the employee, but the right employee would make the best use of it. In such an environment, trust is a significant factor. Measurable goals and clear expectations are also significant, so the employer is comfortable with the employee’s ongoing contribution.

To Conclude, We Can Say Respect Work, Promote Happiness

In the end, it’s about getting work done and one way of doing this is by appreciating the efforts that an employee puts in his/her work. The above-mentioned things might take time for implementation and also be costly for some organisations. But giving appreciation won’t cost much and also goes a long way.

An employer must understand the diverse working styles of their employees and must tailor ways to boost each employee's productivity.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organisation.

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There is no general, overarching theory to boost employee performance. But by fixing a few factors, one can achieve the desired output.
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Cultural Shift To Boost Employee Performance | eHRMS

Behind Every Successful Woman Is Herself

Women empowerment has been a trending topic in today's society. Women empowerment does not only empower women, but it also ensures freedom and integrity for women. It will also help women to be financially independent. Women empowerment can be encouraged by educating women about the importance of education and being independent. Women from urban India are very much aware of women's empowerment and are equally successful as compared to a man, but rural India has a different scenario.

Let's have a brief look at some of the most inspiring stories of some magnificent women who changed the perspective of society towards women.

Indra Nooyi

Indra Nooyi

Business Executive Former CEO Of PepsiCo.

Indra Nooyi is an Indian American who is the business executive and former CEO of PepsiCo. Consistently she has been ranked among the world's 100 most powerful women. She was ranked at number 13 by Forbes in the list of The World's 100 Most Powerful Women in 2014 and was ranked the 2nd most powerful woman on the Fortune list in 2015. She is also a member of Amazon, the International Cricket Council, and Schlumberger.

British Author, Film & Television Producer, Screenwriter, and Philanthropist

J.K. Rowling (Joanne Rowling) has been a household name after the success of her famous book series, Harry Potter, which later became a series of blockbuster films. She is a perfect example of rags to riches, as she used to live on benefits and later became the first billionaire author in the world. Rowling was named the "Most Influential Woman in Britain in 2010.”

J.K. Rowling

J.K. Rowling

Oprah Winfrey

Oprah Winfrey

Media Proprietor

Here is another story of rags to riches, and the name is Oprah Gail Winfrey. She has suffered a lot since her childhood from being separated from her parents to being bullied by the schoolmates and being molested by her cousin, uncle, and a family friend. And still, against all the odds, she rose to fame and earned a name for herself throughout the world. She is one of the most influential personalities in the media world. She is dubbed as the "Queen Of All Media." In 2013, President Obama awarded her the Presidential Medal of Freedom.

Professional Boxer

Mary Kom is one of the finest and famous examples of women empowerment in India. She hails from a farming family and has faced many hardships during her life. She is the only woman to become World Amateur Boxing champion for a record six times, the only woman boxer to have won a medal in each one of the first seven World Championships, and the only boxer (male or female) to win eight World Championship medals. She has even received many awards from the Indian government for her outstanding contribution to sports such as Arjuna Award in 2003, Padma Shri in 2006, and Padma Bhushan in 2013. There is also a movie made on her life story.

Mary Kom

Mary Kom

Mithali Raj

Mithali Raj

Cricketer

Mithali Dorai Raj is an Indian cricketer and the captain of the Indian cricket team in Tests and One Day Internationals (ODIs). She is regarded as the greatest batswoman ever played as she has several records to her name like she is the highest run-scorer in women's international cricket and the only female cricketer to surpass the 6,000 run mark in WODIs. She is fondly nicknamed as 'Lady Tendulkar of Indian Cricket' as she is the leading run-scorer with many records to her name. The Indian government has acknowledged her talent by glorifying her with the Arjuna and Padma Shri award for her notable contributions to cricket.

Indian Gymnast

Dipa Karmakar is the first female Indian Gymnast who won a bronze medal in 2014 Commonwealth Games held in Glasgow. She represented India for the 2016 Summer Olympics held in Rio De Janeiro, where she attained the fourth position and became the first Indian female gymnast ever to compete in the Olympics. She is one of the five women worldwide who have successfully landed a Produnova, which is considered as the most difficult vault to be performed in women's gymnastics. The Indian government has honored her with Padma Shri, the fourth highest civilian award in the Republic of India and Rajiv Gandhi Khel Ratna award for her marvelous achievements in Indian sports.

Dipa Karmakar

Dipa Karmakar

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organisation.

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Women Empowerment is one of the prominent topics of discussion in terms of economics and development.
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Behind Every Successful Woman Is Herself

Role Of Artificial Intelligence In HR Process

Artificial intelligence (AI) is the stimulation of the human resource management process implemented to ease the tasks of humans efficiently and effectively. It will play a prominent role in shaping up the future of an organisation as well as the human resource workflow. There is a misconception that the HR profession is at stake due to the growing trend of AI, but it is not true. In fact, AI will be a stepping stone for Human Resource Management in the revolutionary world of development.

Artificial intelligence will be a boon for Human Resource in many ways, some of which are as follows:

Managing Huge Amount Of Data

Data Management is one of the most hectic and time-consuming tasks that the Human Resource department performs in an organisation. The bigger the organisation, the more the data to be processed. AI will ease the process of asset management by saving a lot of time for HRs. AI will take care of screening and sourcing candidates as it is also one of the tasks that consume time and requires a good amount of alertness. Human Resource can also get help in segregating the documents of the candidates and employees.

Eliminates Bias

It is a human tendency to be biased to a specific class of people, and the same applies to Human Resource. People are biased based on gender, ethnicity, name, appearance, school, locality, etc., but AI will eradicate biases by neglecting these things and hiring the right candidates. Such biases can also affect the productivity of the company as the same kind of people working together may cause conflicts, whereas a diverse workforce will yield positive outcomes.

Performance Assessment

Assessment of performance is one of the important tasks of Human Resource Management. AI will support HR to analyse performance reviews and keep track of the employees' productivity, which will be helpful during annual appraisals. Performance management will help to learn and identify the weaknesses and strengths of employees. Although it is a hectic task to manage performance assessment, appraisal, and employee engagement using employee self-service, implementing AI can surely reduce the workload.

Answering Queries

Naturally, an employee has some queries regarding work and the company, whether he is a new hire or a veteran. The Human Resource department is one of the most occupied in an organisation, which makes it difficult for them to look into each query of the employees. AI will help answer all the queries of the employees accurately and efficiently.

Saving Time

Time is very precious in the corporate world, and HR professionals are one of the busiest people in the company, making it necessary for them to manage time effectively. Looking at the duties of an HR, we can conclude that the tasks are tiresome and time-consuming, which require proper planning and effective time management. AI will save a lot of time for HRs by effectively managing the tasks. AI will process data, assess the performance of employees, and will do other hectic and time-consuming tasks in comparatively less time. HR can utilize the saved time in other helpful tasks.

Although AI will simplify a lot of tasks for Human Resources by being faster and efficient, the human aspect cannot be overlooked. Only humans can be creative and shape the company culture. AI will ease the Human Resources' workflow, but it will never take its place completely. One such AI-based HR software is eHRMS, which has been simplifying all HR operations globally.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organisation.

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Artificial intelligence is THE thing as it plays a crucial role in shaping up the future of an organisation and Human Resources.
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Role Of Artificial Intelligence In HR Process | eHRMS

Top HR Trends To Be Expected In 2020

The year 2020 is finally here, and we bring you some of the trends that may experience in HR's workflow. In this era of constant change and development, HR needs to adapt to the changing trends accordingly. "HR Trends" will become a common buzzword in every organisation. So every organisation should make sure that HR is learning and implementing these latest trends.

While some trends remain the same as from 2019, let's have a look at some of the important trends that will emerge in 2020.

Holistic HR

A holistic approach means looking at the big picture, and HR has become more holistic in recent years towards the employees and the company. As per the new trends, HR is becoming more employee-centric, and slowly getting into management, this new approach will benefit both employees as well as the company.

Diversity And Equal Opportunities

Diversity and equal opportunities are essential for the smooth workflow and growth of the business. Diversity in the workforce can lead to more productivity as different ideologies and cultures will work together to garner effective results. HR must implement diversity during hiring to add a perfect blend of teamwork and progress. HR must take care that every employee gets equal opportunities in terms of promotions and perks, no matter if the employee is male, female, senior, junior, etc. It will result in less discrimination, which will increase enthusiasm and reliability among employees.

Feedback Tools

Keeping in mind the growing competition in business, an organisation must get timely feedback. HR should undertake this crucial task for the company's welfare, as it will help to determine the company's image. HR should make use of effective tools and survey forms for employee opinions and feedback, which will help the company to study where they lack. It will also help the management to learn about the concerns and problems faced by the employees. It is one of the most effective trends of 2020.

On Job Training

Every employee requires effective training and continuous mentoring at the initial phase in a company. The new trend of on-job training is emerging at a rapid pace with a lot of new trends accompanying it. Providing on-job training will help employees to learn more about the company and their role. On-job training ensures that an employee is well-prepared for working with the company. Organisations are investing in Virtual and augmented reality, gamification, geofencing, and other techniques to impart on the job training to their workforce.

Gamification

Many organisations have been implementing changes to gamify their workplace by providing indoor games and activities for employee engagement, which will entertain employees from their hectic workloads. It encourages employee engagement and provides them with the necessary break during work hours.

Reskilling

Reskilling is the most trending topic in today's technological world. Organisations are becoming technologically advanced, which has resulted in the disruption of the workforce in the corporate world by putting jobs of many employees at risk. Hence it becomes important for reskilling the employees for the welfare of the company. Reskilling will upgrade employees' skills and will make them technologically ready for the future. It will also lessen the efforts of hiring new talents as upgrading the skills of current employees will benefit.

HR is the most flexible and influencing person in any organisation, and hence he/she has to be flexible, considering the growing competition and technological advancements in the market. HR must come out of their traditional working habits and adapt to the more dynamic duties to get along with the modern trends.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organisation.

 

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We saw some dynamic trends in HR's workflow in 2019, and some new trends seem to be emerging in 2020.
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Top HR Trends To Be Expected In 2020 | eHRMS

HR Trends Observed In 2019 And Expectations From 2020

The year 2019 is about to end in a few days, and there have been tremendous changes in different aspects of HR workflow. HR trends keep on upgrading along with time, and HR has to stay updated along with it. HR trends play a vital role in the growth of an organisation as HR is one of the influencing people in an organisation. Along with globalisation comes a new set of goals to be achieved with new strategies. HR has to adapt to the changes and develop accordingly, as it is an era of constant innovation and change.

Some of the HR trends observed in 2019:

Personalisation

HR has always followed the age-old practice of "one size fits all," which is gradually changing according to recent trends and development. Due to the open floor spaces, cubicle culture is diminishing; hence HR must catch up with the changing trends. An HR must make a shift in the approach by focusing on the individual rather than the group. Personalisation can give employees the freedom to choose effective and relevant tools and software that employees at work. It will boost productivity, which will result in the growth of a business.

Trust

Trust is important among employees and towards the organisation as it plays the pioneer in building business and maintaining the work environment. Due to inflation and slowing down of the economy, many employees have lost their jobs, which has resulted in trust issues among the employees towards the employers. HR has to keep a lot of secrets in terms of the company's business and employee's information, which at times results in a lack of trust towards HR. HR has to come up with relevant solutions for the same. 

Employer Branding

Employer branding has been a pivotal trend in 2019, as a lot of companies, focused on making a brand of themselves. Considering the growing competition, an employer must focus on branding to attract the best talents in the market, and it will also help to retain current employees. Employer branding will also help in saving salaries while hiring because an employee may compromise with the salary for working with a brand.

Artificial Intelligence

Artificial intelligence has always been a top priority in terms of emerging HR trends. Artificial Intelligence is swiftly making an entry into the corporate world. Artificial intelligence will ease HR's work and save time by managing a number of applications in very less time, which will give HRs more time to focus on recruitment. Many corporate companies have started to implement the concept of artificial intelligence.

Promotion And Development Of Talent

Talent development has been a forefront trend in most of the organisations in 2019. Talent development is necessary, considering the developmental changes taking place all over the world. We are in such an era where change and development are constant, which makes every organisation invest in talent development for the utmost growth in business. Talent development includes developing and nourishing new and relevant skills in an employee, which will help an employee to enhance the skill set. Productive and reliable talents must be recognised and appreciated by providing perks and rewards. HR must implement effective measures for talent promotion and development.

Remote Working

Remote working is the new trend observed during 2019. It provides the flexibility of working from home, cafe, flex desk, another country, or remote areas where a company cannot reach. It also widens the talent pool as it enables HR to hire skilled people from far places. Remote working also ensures more creativity and productivity at work. A company can hire freelancers or workers on a short term period, instead of a full-time employee, which will also help in cost-cutting. A 2018 study shows that 70% of employees worked from home at least once a week.

Employee Engagement

An employee is one of the essential liabilities of a company that needs to be taken care of efficiently. Employee engagement determines the involvement of an employee in an organisation. An organisation must ensure that an employee is happy with the work; if an employee feels valued, the amount of dedication and productivity along with enthusiasm for work increases resulting in positive outcomes. HR should imply relevant programs for employee engagement to boost their morale.

Gender Diversity

The country has seen tremendous changes in terms of development during the past few years. Gender diversity was a matter of concern earlier, but the gender gap is slowly diminishing, looking at the present day scenario. Nowadays, an equal amount of male, as well as female employees, can be seen in the workplace. Earlier due to social norms and the conservative nature of people, female employees were comparatively less at the workplace, but due to globalisation and rapid development, the female workforce increased decently.
Women can be seen at executive positions nowadays sharing the same positions as men. Hence, gender diversity has been a major trend during the last few years and 2019 saw a boost in it.

Generation Z

Generation Z consists of the employees born between the mid-1990s and mid-2000s. Employees born in this period are more enthusiastic and anxious, looking for face to face conversation and instant results in terms of promotions and rewards. Hence, HR must implement effective strategies to cope with them. Some organisations have found effective solutions for the same whereas some are coping with the problem. Generation Z is the future of the workforce as they will be the leaders in the coming future, hence HR should manage them effectively.

Work-Life Balance

Due to the extreme workload and busy schedule, it has become difficult for an employee to maintain a work-life balance. The year 2019 experienced the work-life balance trend when many of the companies implemented effective policies for vacations to their employees. Extra work hours lead to burnout of an employee, which results in a lack of dedication. Many organisations implemented effective programs and fun activities for employees and their families to maintain a proper work-life balance.

The year 2019 has seen a tremendous change in trends of HR's workflow, and 2020 seems to bring more dynamic trends considering business growth. Get a proper outlook of the trends in our next blog, Top HR Trends To Be Expected In 2020.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organisation.

 

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The end of the year is a time to look back, but also to look ahead to 2020. Let's have a look at the top HR trends of 2019 & upcoming trends for 2020
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HR Trends Observed In 2019 & Expectations From 2020 | eHRMS

How To Write The Best Job Description?

A candidate looking for a job always goes through the job description and copying a job description from another business would depict a wrong picture.

A copied or revised job description does not tailor the real need of your business. Whereas creating a custom and effective job description can attract better talent because hiring the best talent starts with attracting the right talent.

A little bit of your effort is what it takes to let the candidate know the need of the position, the required skills, and the organizational culture.

So let's learn how to write one:

Step 1: The Title

The title of the job should be merely based on the following aspects;

  • A keyword that the candidates would use for job search.
  • Avoid abbreviations and acronyms.
  • A word that will reflect the nature of the position.
  • It should be easy to understand for candidates outside of your company.

Step 2: A Word About Your Company

Showcase your company in the spotlight by giving an outline of what it does and why someone would work there. Here you should also show why your company stands out from others by describing the vision, core values, work culture, and recent achievements of the organisation.

Step 3: Required Skill Set

Skills are divided into two groups: soft skills and hard skills; soft skills include communication, adaptability, and so on, whereas hard skills include the skills that are for the role. Make a list to let the candidates know what skills and experience are required and what gives an advantage over others.

Here is an example;

Required skills:

          A candidate with an MBA in marketing.

Added advantage:

          2+ years of experience in B2B marketing.

Step 4: Roles & Responsibilities

Make the candidate understand about his/her contribution towards the team and the organisation. Discuss with the management about the top 3 - 5 things the candidate will be responsible for. Now write each responsibility and then rank them in priority order. Once done, summarize the roles and their responsibilities to make sure everyone agrees.

Step 5: A Call to Action

A job post is incomplete if it doesn’t encourage the readers to apply. So, include an appropriate call to action with specific instructions on how to apply, as the final sentence of the description.

So, next time when you are posting about a new job for your company, keep these tips in mind. A custom written job description pulls the right attention of the one who wants to read it.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organization.

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A job description should always give an overview of the roles & responsibilities of a position and the organizational culture.
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How To Write The Best Job Description | eHRMS

HR Career As A Guest Blogger

A "Blog" is an abbreviation for "Weblog", which means an online publication. A blog contains everything that you can pen down like opinions, stories, or facts; some also include photos and videos as well.

People like to read the information that is useful as well as doesn't sound boring. Here is when ones blogging skill shows up, be it any field food, fashion, travel, or in industries like HR, IT, marketing; blogging can be done on any of these materials.

HR deals with many issues in his/her day-to-day activities. An HR with a passion for writing can share thoughts and opinions via blogging, which would help other HR's and employees to get an insight into the current affairs of the HR world.

What Is Guest Blogging?

Guest Blogging is also known as Guest Posting, wherein a blogger gets to post his/her content on another company’s website. This is a two-way street that benefits both parties.

Let's learn how can one be a Guest Blogger

Blogging Goals:

Before you start blogging, find a niche for yourself. Know what your interests, how much you know about it, and how well can you write on it. Knowing this will help you determine the right kind of audience you can cater to.

Finding Opportunities:

Once you find your niche, you need to find websites with similar interests like for an HR the target audience would be organisations, other HR’s, and employees. So look for websites who post content regularly, which can help you make a name in similar industries.

Here is when eHRMS comes into the picture, we post blogs weekly on our website. Our content is mainly based on Human Resource Management, so if you are an HR and have a passion for writing but never had an opportunity to get you content posted, here is one.

Research Your Best:

A Blogger should always be a good reader. One should be constantly upgrading themselves with the latest trends and topics. Researching not only helps you write great content but also help you find opportunities to post your content. 

Once you are prolific with Guest Blogging, you can switch to freelancing or make a career out of one. So be open an invitation for guest bloggers, which would help you get an audience and increase traffic for the companies website. It’s a win-win situation!

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organization.

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Guest Blogging is an effective platform that helps one share their thoughts and opinions to a larger audience.
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HR Career As A Guest Blogger | eHRMS

Improve Your Employee Productivity With Reward & Recognition

An organisation wants a productive workforce, and employees want to be recognised for the efforts they invest. Increasing productivity involves how to incentivize employee performance. "Rewards & Recognition" program is one way of increasing employee productivity.

According to Inc., an average worker is productive for a total of 2 hours and 53 minutes out of 8 hours a day. Most of the employees are productive for only 37% of the day. Rewarding an employee for a job well done inspires them to work harder.
We will take a closer look at how companies can structure and implement a comprehensive reward and recognition program that increases long-term employee productivity.

Ensure Employees Know How To Earn Rewards: Employees who are left in the dark on selection criteria may perceive unfairness or bias when recipients are announced. They depict the process by which rewards and recognition are distributed (e:g which employees are eligible, who will receive what, who the decision-makers are), etc.

Employees who understand what they’re working towards are more likely to boost their performance. For example, if your company is launching a rewards-based wellness program, make sure your employees understand what they need to do to earn a reward with this program, whether it’s by going to the doctor, running five miles, or attending an event with coworkers, etc. When your employees understand what boxes to check to earn a reward.

Offering Unique Rewards: Offering a variety of unique and valuable rewards can encourage your employees to work harder and smarter. Every workplace has its own unique culture, so what your workforce seeks in a reward program may differ greatly from the wants of other organisation employees. Leaders should magnify the lifecycle of the rewarding process by publicly naming recipients. It’s a way to showcase top performers in a company via email, newsletter, or internal communications platform.

Recognise Small Achievements: Celebrating major wins are important, but a tunnel vision on big accomplishments may distract from recognising all the work that went into the smaller milestones. Smaller milestones are essential for achieving big wins. Your rewards and recognition program should consider offering up praise, perks, and recognition throughout the lifecycle of a project, not just at the finish line. This can make your employees feel supported and motivated at every step and will lead to a boost in productivity.

Create Personalised And Specific Recognition: In the recognition process, a personalised approach helps in better engagement of employees. Personal notes of appreciation and recognition announcements are a vital part of building a productive workplace culture. Try recognising hard-working employees with a personalised touch like a small handwritten letter or one-on-lunch with a member of the executive team. This type of experience will show your employees that you care about them and provide a greater incentive to go above and beyond. 

Your employee experience will continue to grow if you hire the right talent and provide them with a challenging and rewarding experience. Tracking the cost-benefit of each reward offered enables your company to invest in the incentives that impact employee productivity. The workforce will contribute to organisational goals without consuming too much of your budget. 

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organization.

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We all strive to achieve success, and some perks on achieving it motivate us further. ‘Rewards & Recognition’ is one of the best ways to motivate.
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Improve Your Employee Productivity With Reward & Recognition

10 Important Recruitment Stats of 2019

We are halfway through 2019, so let’s take a look at some of the most important statistics about recruitment in news so far. 

The stats might help you make the best hiring decision for the next half of 2019. This data gives you an insight into the current hiring state. The gathered data is the result of research done by top industry leaders like LinkedIn, Glassdoor, Deloitte, PayScale, ERE, and Thomson Reuters.

Let’s dive into the stats of 2019

1. The “Hiring Funnel” from Talent Function Group LLC

The “hiring funnel” or yield model for every job helps recruiters understand how many total applications need to be generated to get a single hire. It depicts the success rate of the hiring process. Let's simplify it with an example; in an online job posting, on average, 1,000 individuals will see the post, 200 will begin the application process, 100 will complete the application, 75 of those 100 resumes will be screened, 25 resumes will be seen by the recruiting manager, 4 to 6 will be invited for an interview, 1 to 3 of them will be invited back for the final interview, 1 will be offered that job, and 80 percent of those receiving an offer will accept it.

2. According to the stats provided by ERE Recruiting Intelligence, 250 applicants on an average are attracted towards a  job opening.

3. LinkedIn stats states, the top trends shaping the future of recruiting and hiring are:

  • Data (50%)
  • Diversity (78%)
  • Artificial intelligence (35%)
  • New interviewing tools (58%)

4. The top factors influencing hiring decisions in an in-person interview according to Jobvite are:

  • Prior experience
  • Conversation skills
  • Knowledge of the industry
  • Cultural fit

5. Millennial Branding, a personal branding agency, says the top reasons for millennials to leave their company are that they receive a better job offer from another company (30%), their career goals weren’t aligned with their company (27 %), or they saw a lack of career opportunities within the company (13 %).

6. 69% of candidates would most like to see an improvement in employer response time. An employee would appreciate a response upfront from the recruiter, especially if the average response time is a couple of weeks.

7. Employer Branding is one of the important aspects considered by a candidate looking out for a job. As per Glassdoor, 69% of job seekers wouldn't take a job in a company with a bad reputation.

8. It's the age of millennials, and they cannot do without technology. Social Recruiting, as per Aberdeen Group 73% of millennials found their last position through social media.

9. MRI Network stated that more than half of millennials (53% ) say that career pathing has the most impact on their decision to stay with their employer.

10. Finally, one for women empowerment, an analysis of more than 20,000 firms in 91 countries found that companies with more female executives are more profitable.

Statistics provided by these top firms give us an insight into the best and worst ways to recruit, hire, and develop top talent. These stats, when used in combination with HR software, help HR professionals to simplify entire HR operations. The business of providing HR solutions is on the rise, and HR professionals can overcome any problem faced in their day-to-day HR activities using these solutions.

eHRMS by Neural IT is a cloud-based software helping simplify daily HR tasks. Digitize your HR function & let eHRMS empower HR’s to easily onboard new hires, track employee progress, and analyze data to support employee development and organization.

Meta Description
Recruiters are constantly looking to revamp their hiring efforts. Here are the trends and insights for recruiting the best candidate.
Meta Title
10 Important Recruitment Stats of 2019 | eHRMS

Importance of Feedback

What exactly is feedback? We hear this term all the time, but do we truly know what it is and why it is so important? Feedback shows a pathway for betterment. Effective feedback, both positive and negative, is widely used as a management device by professionals. Top performing companies remain on top as they consistently search for ways to make the best company even better. A focus based on true feedback, across the organisation including customers, employees, clients, etc. helps in continuous improvement.

1. Motivation: Feedback can actually motivate employees. They feel valued and appreciated by the feedback they get from their managers. Any feedback from clients, suppliers, stakeholders can be used to motivate and build better work relations. Feedback is often taken as criticism. Negative feedback helps to formulate better decisions to improve and increase performance.

2. A Tool for Continued Learning: Feedback helps in aligning goals, creating strategies, develop products, improve service and relationships, and much more. Continuous learning is the key to improvement. Invest time in learning and asking about an employee’s experience with your organisation. This investment can save time in the long run.
 
3. Elevates Engagement: Employees seek feedback; regular feedback is essential for their professional growth. Consistent communication between an employee and manager helps in higher engagement. Correct feedback can motivate staff to perform better and can be a tool for building and maintaining communication. A performance management program can help in promoting and improving employee engagement.

4. Improves Work Relationships: Feedback can open all communication channels in the workplace. It is useful in avoiding conflicts or tension between employees. Feedback is one way of getting things out in the open so that there would be no issues. Small issues can be resolved before they get a chance to grow into something bigger. If employees get feedback on their performance, they may improve on their job roles. An organisation needs a healthy open culture where employees can give and receive feedback on a regular basis.  

These best feedback practices can help you in work and life. Use these ways to be proactive in your organisation and make your workplace better and improve your skills. Promote feedback within your team and give time to get used to open-minded and new feedback friendly environment. Give time for a feedback session in your organisation. Include feedback sessions in your planning process.

 

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Feedback is important for success at every organisational level. Learn ways of how feedback can help an employee and organisation.
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Importance of Feedback | eHRMS
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