India now becomes a player in the global stage. Doing the common sense thing and treating people like adults are at the heart of Netflix’s breakthrough HR policy. Modern HR ensures continued business success by being aware of and meeting employee expectations, aided by technology. Many times, HR strategy becomes the reason for company to stand strong and grow big to rule the world. The main reason being not all organizations are equipped or … We wrote that in January. INTRODUCTION. INNOVATIVE HR PRACTICES IN INDIAN BANKING SECTOR-A CONCEPTUAL Well, innovative HR policies are highly interactive and engaging, but unfortunately, not all the HR departments are using them. Step 3: Segment HR customers Identify the critical workforce segments and tailor I rejected those constraints. There are many innovative HR policies, and the list is really long. There’s no reason the HR team can’t be innovative too. HR Strategy at Apple Make Their Employees Creative and Innovative A success of a company is not only a result of incredible manufacturing capability and great location. Evernote is a Californian company that sells a popular note-taking software package. It means recognizing that even in companies with reams of HR policies, ... everyone seems to approach HR. An Innovative HR Policy to Attract Staff – Unlimited Vacation! What are HR Policies and Procedures? It can seem daunting to know where to begin. However, stats show that companies who have adopted these innovative policies are successfully able to increase the growth of their business by acquiring talented employees. by the policies and principles, acting as the final decision makers. HR policies are a written source of guidance on how a wide range of issues should be handled within an employing organisation, incorporating a description of principles, rights and responsibilities for managers and employees. Let’s not underestimate our important profession! This paper analyses the various innovative HR strategies that can lead to change management and as such ensure a sustainable future for the SMEs. Today, HR is no longer a staid department of paper-pushers; it’s a vibrant and innovative hub with its finger on the pulse of business strategies and advancements in HR tech. HR is about people, and HR can add a lot of value, because HR is specialised in people, people behaviour, and how people can benefit from technology. Find list of company HR Practices Sample such as Leave, Promotion, Travel, Transfer, Medical Policy and more Template in ready to use ppt and pdf format useful for … Some of the topics that were on my initial list, but did not make the Top 10: Digital government. It offers its people unmetered time off for holidays. An organization works within a framework or within certain guidelines. power due to change in policies. HR professionals need to be conscious that professionalism without the loss of agility and responsiveness is the right transformation direction for SME’s success. These guidelines are set by the top management and different departments of the company including the HR team completely depending on the type of HR policies and procedures … Learn what HR Policy is and how to write Human Resource Policies and Procedures of Companies with Examples. Public service achievements that contribute to enhancing Canada’s economic prosperity and resilience while protecting its national interests. Staying Relevant: Innovative HR Policies to Attract Millennials The way we work – in the broadest sense of the word – is changing rapidly: from the type of jobs we have to the places we work from and even the way we get paid (think cryptocurrencies). However, the most important first step is just that – to take that first step. As HR leaders, helping your organization to achieve more innovations, to create the culture to support innovative thinking and to hire, train and reward is a major undertaking. Therefore, the mission of HR managers and their teams is to provide professional guidance to line managers aiming to deliver superior HR often kills innovation. Staying Relevant: Innovative HR Policies to Attract Millennials. They are seen to get in the way of the business rather than help it along. Phil Libin, CEO, made this comment in the FT, ’Getting a job at Evernote is tough and people want to be here. INNOVATIVE HR PRACTICES OF INDIAN COMPANIES. And that’s a good thing. Most Innovative Companies. In recent years, many Information Technology and Software firms in the Silicon Valley area have been implementing innovative Human Resources (HR) policies that are aimed at creating an engaging workplace culture and actualizing a work environment that is fulfilling and rewarding. Also consider… More than 2000 words for a blogpost is a lot, and my Yoast readability score has already turned to red. Mr. Ackash Jain, Director of QNA International. Head hunting and poaching have been used by HR people since a very long time and as an experienced HR professional I must tell that I believe Poaching is a very negative policy. The Human Resources (HR) structure enables and empowers them in establishing business needs and their corresponding people requirements. 3-Daily OEC management evaluation of factories workers. Once relegated to the realms of administration, business leaders are starting to recognize that Improving digital services, online security, information technology, artificial intelligence, workplace innovation, open data. It is a large and exciting change process. Unique and innovative HR policies of Haier -- Which are- 1-race track model of recruiting and promotion. DO search in this site and you can find many innovative HR policies used in various industries. The disabled workforce is sadly underemployed in today's politically correct world. They play a key role in supporting fairness and consistency across an organisation, as well as potentially helping to protect the organisation against legal claims. 4 Align HR products and services Once a strategic direction has been defined, the organisation must review its HR policies, programs and practices to ensure they are aligned with the defined HR strategy. Dubai - MENA Herald: Governments and public sector entities across the GCC are focusing on innovation to drive human capital development and achieve organizational and national objectives. Regards, For each HR function we mentioned there are at least a dozen other examples of HR innovation. The United Arab Emirates (UAE) has been deemed the most conducive to innovative human resource (HR) policies, followed by the Kingdom of Saudi Arabia (KSA). 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