Essential Strategic HR
Essential Strategic HR HR and payroll : Mind the governance gap. Tax code changes, fallout from workplace harassment, the rise of artificial intelligence and other long-term trends will put the spotlight on workplace tech this year. Trends In Payroll That Will Change System integration is a key enabler for payroll processes. It is a necessity for adequate controls, data privacy and appropriate checks and balances. Integration throughout the payroll process reduces the risk of non-compliance and unnecessary labor costs. It can also reaffirm confidence in existing controls and reduce time delays in re-validating. Top-performing organisations have high levels of integration between their payroll system and other key systems including Rostering, Time & Attendance, and Benefits. With an integrated system, a company can reduce complexity, redundant data and risk of errors. Internal Promotion and “Upskilling” Upskilling is a relatively new term that is used to describe developing employees that are already working for the company. In 2018, it’s expected that companies will increasingly turn to their existing employees to fill open positions, offering training and encouraging employees to go for promotions. With fewer new employees expected to enter the workforce in the coming years than ever before, employers are seeing the merits of investing in people that are already familiar with and loyal to the company. AI in Recruiting Many recruiting tasks have already been automated, but 2018 may push even more into the digital realm. HR software outfitted with artificial intelligence (AI) may begin reviewing top applications that have made it through the filtering process and even interviewing candidates. Not all companies will see benefits from de-humanizing tasks such as application sorting and be interviewing, but adding AI to the mix will definitely save time and mitigate the potential for discrimination. AI is less likely to select or reject a candidate because of unconscious biases based on things like name, accent, and demeanor than a human interviewer. Ranking systems can also be built into virtual interviews. HR Tech Trends HR operations have been highly undervalued. All the HR professionals wanted to be a strategic business partner, the role with the most positive connotation. The last years we have seen an upgrade of HR Operations that will continue in 2018 – 2019. Most likely HR can add most value in the HR operations area. The requirements for the people in HR operations are different though, and probably we need a new breed of HR professionals who can run HR as a service organization. Many more trends are emerging such as : • From vacancies to opportunities • Selecting on value fit • The end of classroom training • No more leadership journeys • Purpose, purpose, purpose…. • Less multitasking • Working from 9-5 • The Consumerisation of HR • Improving Performance Consulting • From Individuals to Networks of Teams • Man-Machine Collaboration • Algorithm Aversion • HR Operations in the Lift • Who owns the people data? • One size does not fit all • The battle of the apps • Focus on the Employee Experience • Agile HR • Keep it Simple • Talent Everywhere • Organisational Network Analysis • The use of personas • The invasion of chatbots • To a more human and holistic HR • The end of static jobs • The changing scope of recruitment Data Drive in decision making We are seeing the worlds of payroll, HR and business management solutions move closer together as organisations adopt integrated solutions to gain better control over their workforce costs and create stronger engagement with employees. One benefit lies in the fact that data and transactions don’t need to be captured multiple times across different business applications. In addition, such systems give HR teams a complete view of their relationships with employees, from on-boarding to engagement, talent development and performance management. This empowers HR to react to the needs of the workforce and the business in a more agile manner. Data will drive decision-making HR is about to change dramatically with data analytics becoming a way of life for HR directors and HR managers. As HR professionals have more data (gathered through digital interfaces like employee self-service) about employees and the business at their fingertips than ever before; they will begin to use analytics to make better decisions and to shape superior employee experiences. Data will help HR and the business to answer questions such as : • Where did we find the best hires for our business, i.e. top performers who have we retained for a good while? • How many people will we need in our service department to support our forecasted revenue growth of 10% for the next financial year? • What are the possible reasons for high employee turnover in the call center? • What skills gaps do we have in our organisation? Performance management is changing We have seen a lot of discussion in the past year or two about the value of annual performance reviews, and many large organizations around the world have streamlined performance management or even done away with annual reviews. Though I don’t foresee most companies scrapping annual reviews, I expect that performance management will change to cater to a changing work world. We’ll see companies give employees feedback more frequently, perhaps each month or even each week, rather than once a year. This will help managers and employers to constantly monitor performance, identify challenges and opportunities and recalibrate employees’ alignment with its strategic objective. Annual reviews are useful in this regard, but they’re not frequent enough in a business world where the pace of change is so fast.
Essential Strategic HR Agency in Ahmedabad
About Ahmedabad
Once known as the Manchester of the East for its flourishing textile industry, Ahmedabad is a rapidly growing metropolitan city. Its located to the West of India, in the state of Gujarat. Lying on the banks of the historic river Sabarmati, its the seventh largest metropolitan area and the fifth largest city in India.
Ahmedabad real estate, as a sector, is an investors market. Among the several real estate projects lined up in the near future, Ahmedabad will see the towering presence of 22-storeyed residential skyscrapers in the coming year.
Despite the significant number of modern infrastructure projects approved for the city, Ahmedabad still retains the old world charm. Thanks to its rich historical heritage, the city still hosts traditional Persian architecture. The Ahmedabad real estate landscape, therefore, is a melting pot of the old and new.
Stats And Facts
Going by the provisional reports of Census India 2011, the population of Ahmedabad, as of 2011, stands at 5,570,585. The urban/metropolitan population, on the other hand, is 6,352,254.
The sex ratio for Ahmedabad is 897 per 1000 males. Child sex ratio is 853 per 1000 boys. In comparison, the sex ratio of the country is 940 per 1000 males and the child sex ratio is 914 per 1000 boys, according to the Population Census of 2011.
The average literacy rate is 89.62%. The male and female literacy rates are 93.96% and 84.81% respectively.
Of all the cities that have a population exceeding 1 million, Ahmedabad has the lowest crime rate. For that reason among others, the Times of India ranked Ahmedabad as the best city to live, in 2012. In the same year, the market research firm IMRB called it the best mega-city. Ahmedabad was rated as the fastest growing city in India, by the Forbes magazine. In the year 2010, Forbes magazine featured an article that ranked Ahmedabad third in the list of next decades fastest growing cities in the world.
With the river Sabarmati having played such a crucial role in molding the city past and present, the Amdavad Municipal Corporation (AMC) has initiated the Sabarmati Riverfront Development Project. Its aimed at improving the environment conditions in the region and providing slum rehabilitation for the slum dwellers living at the river bank.
The Industrial Sector
Ahmedabad is a strong industrial base for sectors like textiles, chemicals, pharmaceuticals and drugs, and agro and food processing industries.
The district of Ahmedabad contributes up to 60% of the total industrial productivity.
Arvind Mills, the world-famous company that processes denim for jeans globally, and Ashima Group, Indias leading 100% cotton fabric manufacturers, are situated in the city.
Besides the textile industry, Ahmedabad has a thriving pharmaceuticals and chemicals industry. Torrent Pharmaceuticals and Zydus Cadila, two of the biggest Indian pharmaceutical companies, are situated here.
The corporate headquarters of the detergent and chemical manufacturer, Nirma Group and the leading export trading company in India, Adani Group are situated in the city.
Connectivity
The Sardar Vallabhbhai Patel International Airport is situated only 15 km from the city center. From the railway station, the airport is situated just 8 km away.
One of the six operating divisions of the Western Railway, Ahmedabad connects to other major cities and all towns in Gujarat. The city main terminus is the Ahmedabad Railway Station, locally called the Kalupur Station.
The National Highway 8 connects Ahmedabad to Mumbai, Ahmedabad and Gandhinagar. National Expressway 1, which is a part of the Golden Quadrilateral project, connects Ahmedabad to Vadodara.
The AMTS (Ahmedabad Municipal Transport Service) and the BRTS (Bus Rapid Transit System) buses form the network of public transport in Ahmedabad. The bus service is in operation from 6am to 11pm every day.
Presently, AMTS has 750 buses in operation.
The Institute for Transportation and Development Policy awarded BRTC with the Sustainable Transport Award in 2010 for reducing carbon emissions and making the service more accessible to the residents.
Ahmedabad Civic Administration
Administrative headquarters of the Ahmedabad district, Ahmedabad is administered by the Ahmedabad Municipal Corporation (AMC). The AMC was established under the Bombay Provincial Corporation Act, 1949, in the year 1950. The corporation is headed by the Mayor.
The elected wing of the AMC comprises 4 statutory authorities, namely the Standing Committee, General Body, School Board Committee and Transport Committee. The other committees include the Water Supply and Sewerage Committee, Town Planning Committee and Tax Committee.
The residents of the city elect 192 municipal councilors through a popular vote. The elected councilors then elect the Mayor and Deputy Mayor of the city.
The city contains 64 wards in 5 zones.
The sub-urban areas of the city are administered by the Ahmedabad Urban Development Authority (AUDA).
Two Members of Parliament represent Ahmedabad in the Lok Sabha, and 19 members of the Legislative Assembly for the Gujarat Vidhan Sabha.
Ahmedabad Infrastructure
It is common knowledge, even in international circles, that Ahmedabad pays special attention to the development of infrastructure. It was, in fact, the first city in India to execute the Public Private Partnership (PPP) model in development projects.
Ahmedabad has a strong foundation in basic infrastructure, especially the water supply system. The city has had a system of organized water supply, right from the 19th century days. Even today, the two sources of water surface and ground are being managed effectively. Commissioning of water sources has taken place as recently as 2004.
The power sector in Ahmedabad is also on solid ground. Its one of the few cities that have a privatized power sector. Torrent Power Ltd. is the company that generates and distributes power in the city. And for electricity, Ahmedabad banks on one of the oldest and well operated power stations in the country, Torrent Power thermal power station.
The focus of the city development authority, Ahmedabad Urban Development Authority has now shifted towards facilitating social infrastructure projects.
Essential Strategic HR Agency in Ahmedabad
About Ahmedabad
Essential Strategic HR Agency in Ahmedabad
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