Netflix is the world’s largest and leading entertainment service. They have over 167 million paid memberships in more than 190 countries around the world. The consumers enjoy Netflix through different varieties of TV series, documentaries and feature films that come with different languages. The most important thing about Netflix is, customers can watch any program they want anytime, anywhere on any internet-connected screen without commercials (Netflix, 2020).
Internal hiring is a process of hiring someone from within your existing business to fill the gaps in vacant positions of your organisation. Types of internal hiring include transfers, promotions, employee referrals and moving temporary employees to full-time. Sometimes filling vacancies are difficult for HR services in some organisations because they can’t decide whether to reach out to current professionals or looking, external candidates. Offering new opportunities for the existing employees will give unique benefits to companies. Implementing a system to encourage internal hiring will help your company to cut down cost and time when filling vacant positions. Below listed benefits can be experienced when your organisation hires within the company.
A human resource manager is the one who links employees and higher management in order to build a strong relationship between both entities to improve an organisational working culture. But being an intermediary can be challenging because different people have different aspects. To improve the working experience and culture of the organisation, HR services within the company needs to be more efficient. To provide better services for the workforce of the organisation HR managers need to have specific skill sets and attitudes. If you are willing to go that extra mile to provide a better service for your employees, here are some tips to become a great HR manager.
Candidate experience is a popular buzzword in the HR sector because that is the most important factor for a company to attract new talents. We can simply define candidate experience as, “how candidates feel about your company after they experience your company’s hiring process.” According to their review, other candidates’ decisions also can be changed because they influence others' decision-making process. Candidates tend to review the candidate experience they had with the employer and keen to share it on social media and certain reviewing websites where they can review companies. Having a better candidate experience will help you to build your brand name and reputation, or else if candidates had a bad experience they will ruin your brand and at the end, you will lose respect as an employer and as a brand. Most of the common problem that candidates are facing according to social media for business websites are, a lack of information regarding the interview process. After the interview process, most of the companies are failing to get back to candidates and update what was happened. This is where most of the companies go wrong. Here are some valuable tips to create a better candidate experience for your company.
In the modern world, 264 million people suffer from depression and most of them are also suffering from symptoms of anxiety. The recent study done by the World Health Organisation (WHO) has found that depression and anxiety disorders cost the global economy 1 trillion annually because of the loss of productivity. Poor mental and physical health can negatively affect employees. This will affect job performance and productivity, communication with other co-workers, physical and daily functioning. Therefore workplaces that promote mental and physical health are more likely to reduce the problems regarding mental and physical health. This helps them to improve productivity and gain rapid growth in the industry. Organisations can promote awareness about mental health and risk management among their employees. Furthermore, companies can implement below listed simple initiatives for the workplace to improve mental and physical health.
Employees are major assets for any company. High performing employees create a competitive advantage for the company among its competitors. To increase employee retention companies need to adopt a better human resource information system, which directly helps the HR department to handle employees. Furthermore, companies need to come up with sustainable HR solutions to retain their best employees and face problems like retention and talent management. Recent studies indicate that companies spend 33% of a worker’s annual salary to replace an employee. Therefore, it is better to improve employee retention within your organisation. Here are some valuable tips to increase employee retention.
In the modern era, most of the organisations have 3-5 generations present in their workplace. That includes Traditionalists who are born before 1945 and up to Generation Z. This kind of diversity can create a range of challenges for the company because each generation has different expectations about work-life and how they want to be managed. But having a multi-generational workforce is an added advantage because a wide range of ideas and years of experience can serve the company much better while it helps other young employees to excel in their work. Due to demographic trends and pension legislation changes, it’s a common behaviour for organisations to have at least three generations working alongside each other. Having a multi-generational workforce will be very effective because of three reasons.
There are so many findings related to employee happiness and all of them are proved that when employees are happy they are more productive. Current employees maybe take fewer sick leaves but still, they are more productive and stay longer at their jobs. This helps to reduce hiring costs in any organisation. But when it comes to finding out if your employees are happy, organisations have a hard time. This might get bigger when the organisation continues to grow.
When it comes to evaluating employees ‘Yes’, most of the companies practice that, but the struggle comes when collecting feedback from employees. Collecting feedback needs to be done systematically and that process helps employees to feel that they have a voice inside the organisation. Here are a few tips to collect feedback without any trouble or taking up too much time.
Every employee who works in any organisation like to feel valued and appreciated at work, to do their best, whether we admit or not. In a Harvard Business Review article, Tony Schwartz mentioned that “the struggle to feel valued is one of the most insidious and least acknowledged issues in organisations.” In another study conducted by Harvard Medical School identified that helping employees feel valued was shown to have a huge impact on their performance.
Now adays most of the working population in any company are millennials and they are totally different from Generation X and baby boomers. Leaders must always keep in mind to address the major problems of their employees otherwise they will leave the company.