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Monday 5 October 2020

HR News: 05 Oct, 2020

 1.

Unisys upgrades performance-management with right tools, technology and matrices

 

Modifications in terms of goals, performance assessment, appraisal cycle, performance-measurement matrices and insurance cover, helped the Company keep its employees happy and improve productivity. COVID-19 had presented the HR industry with a lot of challenges initially. However, six months down the line, leaders are in a position to look back with satisfaction at how these woes were addressed and tackled. Human-resource experts are of the view that the pandemic has brought to the fore the need to upgrade the conventional performance-management systems used by companies. Unisys India introduced some new changes to the existing model owing to COVID-19. Avneet Hora, senior director and head – HR, Unisys India, informs, “Typically, in our industry, the performance cycle is annual. At the end of the year, you get appraised. Therefore, it is either a mid-year or annual evaluation. This April, we switched this to a quarterly cycle.” Citing an example of how goals were redefined for a team that supports the travel and transport industry, Hora reveals that adjustments were made such that the associates were not penalised and clients’ expectations were also met. Technology, right tools and proper performance matrices can do the job for the information technology (IT) industry. Productivity will also depend on how the employees were looked after during these troubled times. That will create credibility and a will to be part of an organisation for long. This pandemic has seen employers go an extra mile to take care of the well-being of their employees — in terms of sick leaves, financial assistance and more. Unisys has also introduced a lot of COVID-19 measures to help its employees, one of them being the insurance policies.

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2.

UP to set up employment commission, guarantee jobs

 

Through this commission, one member from each family in the urban / semi-urban areas will get a job in the government, non-government and private sectors, and will also receive training and financial assistance to explore self-employment opportunities. The Government of Uttar Pradesh is thinking of setting up an employment commission to guarantee a job to at least one member of each family in the urban and semi-urban areas. This commission will be a permanent statutory / regulatory body with the deputy chief minister as the chairman. An official of the rank of chief secretary will be the executive head or employment commissioner of this body. Transparent hiring will be one of the highlights of the commission. The training and self-employment programmes being run by various government departments right now will also come under the new commission. This statutory body will also help the youth obtain loans from banks to set up units once they have been given the relevant industry training. The commission will arrange to hold job fairs in collaboration with the embassies of other countries, to help youth obtain jobs overseas. The employment commissioner will have the authority to direct any department, government or private institution related to employment or skill development. .

 

3.

65% employees optimistic about new technology, 32% companies ready for it

 

The 2021 Global Culture Report by O.C. Tanner provides new insights into the acceptance and readiness for new technology by organisations and employees. We have been misled into believing that employees fear artificial intelligence and other advanced technologies. The truth is that they willing to welcome it and are quite eager to embrace it. A study by O.C. Tanner reveals that whatever fear employees experience is centred around how the organisation implements new tools or technology. That means, it will be ideal for organisations to weigh the effect technology will have on employee experience and work culture.  A significant 65 per cent of employees are optimistic about introduction of new technology, whereas 32 per cent organisations are culturally fit and ready to embrace new technology. If organisations align technology implementation to their culture, there is 644 per cent higher chances of employees feeling successful, 424 per cent higher chances of employee engagement and 296 per cent more likelihood of increase in revenue.

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