Wednesday, August 18, 2010

Gloomy reality of HR in young minds…

In HR community all HR professionals constantly converse about the latest role of HR. The web sites are burdened with the information on innovative role of HR. These days HR is no more nervous systems but it is action oriented. HR is all concerning change champion, strategic partner and business partner. We H R lovers converse about business partnering role. HR practionnars believe that HR role has grown to be very challenging. But the ground realities are dissimilar.
The expedition of HR from personnel management to Human recourse management / development is very topical in India. Human Recourse Management gained esteem in last decade. But HR has faced a lot of challenges and it is still in a transition phase. In the recession time the only job was talked about was HR because of workforce cost and layoffs. And the foremost question was asked to HR professionals that where was manpower planning went off beam? But as per the experts estimation HR is imminent role. And it needs more and more idiots (passionate) to take the job passionately.
The future of HR in the hands of youthful HR managers If we want young minds that will be ground-breaking and innovative form where can we get these kind of super executives? The answer is with B Schools. But the story at B school is disappointing. Aspiring managers in management institutes do not prefer to pick HR specialization. Very small number of students wish for HR just for the reason that neither they are fit for marketing specialization (not aggressive & communication) nor good with figures which is the inevitability of finance area. The most awful fact is that their interest judgment depends on faculty too.
Year after year the fraction of students opting for HR specialization is declining, on and average barely 19% (collected data last three years data from B-schools) students prefer to do HR specialism. After discussing with student community the reasons for not perusing HR specialization they mentioned the following concerns-
• Lowest paid job-Students find that HR job will not give them better remuneration as compared to marketing and finance. They feel that after few years of experience in HR the salary rise will be there but for that they have to wait for few years.
• No say in decision making-According to them line managers have more say in decision making than HR. As line managers contribute directly to business HR have least say in decision making.
• No growth-There is less growth or slow growth in HR.
• HR job is not safe-As HR does not contribute to business distinctly HR is the high cost to industry. As a result of this HR people will be the first to whom organization will ask to leave in downturn.
• Not a challenging job-HR job is still involves lot of administrative responsibilities. It is a care taker job.
• No pat on the back and less respected job-HR people hardly get recognition for their contribution. They are the one generally conveys the bad news rather that good news. Their job involves lot of policing that is the reason employees are more afraid to approach HR.
• HR is meant for females-HR is known for care taker and people oriented, office job. This kind of job is most suitable for ladies.
• HR professionals are more idealistic/ philosophical than action oriented.
• HR specialization is not an obligatory to be in HR.
Looking at the above perceptions it is really bloodcurdling for HR elite. But guys this is the fact. These are the myths or facts it is dubious issue. But as communal responsibility HR professionals require to move toward for the changeover of HR occupation.
HR community can work on subsequent things to have better impact on future HR professionals.-
• Expose student to HR work through live projects.
• Be open with the students during internship.
• Review HR compensation.
• Review the job description of fresh HR executive.
• HR needs to talk in numbers and business terms.
• Need to have more role models in HR community.

Monday, August 16, 2010

Are you loosing budding talent while caring old buddies?

A company's employees have always been a key asset. HR is trying hard to reduce the attrition. Retention is always been a challenge of corporate, but in particular retention of young employees is foremost topic of conversation in HR meets. Fresh blood as well as experience hands is the need for today’s corporate world.

It has been observed that the rate of job hoping is extremely high in Gen.Y . Baby boomers find Gen Y seem to operating under the weird rallying cry of: More money! Less responsibility! Shorter hours! No stress! More freedom! But this might be true with few. Gen Y should not be perceived in such a terrible way.

The picture or the expectations of Gen Y might be different than Gen X thought of. After probing with young force they mention and cry about some other reasons than money and freedom. Gen Y gives high rating for recognition and responsibilities. They are unable to break through old buddies circle. Just because their hair is not white; seniors are not providing them the exigent role or responsibilities. New generation is much more competent and has high aspiration. If company is unable to provide this to them they look for new jobs and try to satisfy their passion and aspiration. Many a time they come across a situation where age pays better than a performance. What else can be expected from them than looking for a new job?

Gen X needs to be more accommodating as well as educative. They can show guideline and empower young force to take their decisions as well as to experiment. Break the group of oldies and let young people enter in your group they are waiting and ready to give their best.

There are some perceptions about young minds which need to be changed. Organizations need to take a call on do they want loyal people with less performance or start performers who wish to stay with them for a longer period?

The ideal team needs to have a combo of young and experienced members. Where there are risk takers and innovators but at the same time there are practiced people to calculate that risk. Otherwise organizations will loose budding talent while taking care old buddies.