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Recession has a major impact on our HR....Lets See how....Kindly have a look on report before seeing this PPt...its in my other documents

Recession has a major impact on our HR....Lets See how....Kindly have a look on report before seeing this PPt...its in my other documents

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  • National Bureau of Economic Research<number>
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  • Transcript

    • 1. Recession & Human Resource Management ...In today’s recession what changes have taken place!!! place
    • 2. psentedB y re Shruti Bhatia (70)
    • 3. Topic Due to recession are there any changes that have taken place in the HR Policy of the Organisation….If they are ….What are they???????
    • 4. What isR ecession??? According to NBER “Recession is a significant decline in economic activity lasting more than a few months, which is normally visible in real GDP, real income, employment, industrial production, and
    • 5. prsonnel plicies e o
    • 6. prsonne plicie e l o s Characteristics •Policy is an expression of intentions of Top Management •Policy is long Lasting •Policy is developed with the Active Participation of all Executives •Policy is in Writing •Policy is linked with Objective
    • 7. T ype Of plicie s o s •Functional Policies •Internal Policies •External Policies •Appealed Policies •Stated or explicit policies •Unstated or implied policies
    • 8. B e fits ne •Provides guidelines to the lower level managers •Ensures promptness of action resulting in better administrative control •Decisions are consistent and in tune with the objectives of the enterprise •Coordination and integration •Saves time and effort
    • 9. L im ns itatio •Policies are repeatedly used plans •Policies may not cover all the problems •Policies are not a substitute for human judgement •Policies may not be ever lasting
    • 10. HR POLICIES BEFORE & AFTER RECESSION  Leave Policy  Local Conveyance Policy  New Health Insurance Policy  Medical Policy  Exit Policy  Other Benefits
    • 11. S O M E O F T H E P R A C T IC E S O F R E L IG A R E  Employee’s bonus due on November has been delayed to March.  In order to improvise on its one of the SBU Fortis sales, they provided discount of 10% on billing of medicine and 5% on other items. and a few more……
    • 12. ……. AND THEIR RESULT  Employee Dissatisfaction  Legal Cases  Turnover Rate
    • 13. Main Questions Put Up  Are the Employees Fired?  Are More Recruitments Done? Has the role of HR Manager Changed?  Are Promotions still being done?  What Measures have been taken to tackle this problem?
    • 14. ICICI PRUDENTIAL RAHUL BALAKRISHNAN HR AND CONSULTING MANAGER ICICI PRUDENTIAL, NOIDA BRANCH
    • 15. GENPACT RADHIKA GOYET, HR MANAGER GENPACT, NEW DELHI
    • 16. HOV SERVICES BHAVANA SHARMA, DGM HOV SERVICES, CHENNAI
    • 17. Conclusion

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