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Saturday, 14 January 2023

HR Learning: 13 Jan, 2023

1.

We are promoting talent development & internal talent mobility to retain talent: Mohammed Rizwan, Head HR, Reverie

"We run the organisation with absolute transparency, keeping all employees in the loop, and also giving them a say in decisions that could affect them as individuals, as well as the company as a whole," said Mohammed Rizwan, Senior Vice President, Head HR at Reverie.

Hiring the right talent and fostering a Hybrid Work Environment in startups and SMEs can be challenging. Lack of resources, traditional practices and high attrition rate are some common roadblocks these companies continue to face. 

Mohammed Rizwan, Senior Vice President, Head HR at Reverie on being interviewed, discusses how the fast-growing startup is hiring and managing tech talent. Reverie Language Technologies is a growing startup with 190 professionals who aim to create a digital space that every Indian can explore, benefit from, and enjoy. 

Here are some excerpts from the interview:

How have you updated your hiring policy in response to the shifting talent priorities?   

A comprehensive hiring policy with a proper process helps us to create a solid framework for all recruitment decisions in our company.  

Reverie’s ‘Hiring Policy’ revolves around three questions that help us to identify the purpose of what we are trying to achieve, such as; 

·       What is the purpose or role to be played by the newly hired employee?

·       How will the hired talent contribute to the success of the company as an individual and as part of a team?

·       What company values are reflected in the person during the hiring process? 

We are constantly expanding our existing talent pool to bring in new ideas and skill sets that will complement our vision of language equality on the Internet.

For the period 2021-2022, we have hired nearly 70 new employees to strengthen our product and R&D team. For the current and coming financial year, we intend to hire up to 50 more candidates. 

What are some key skills you plan to hire for the year 2022-2023? 

At the moment we are focusing on strengthening our technical and engineering team, as we intend to invest time and resources in research and development. Some of the top profiles we are looking for are related to client-facing roles, product development, R&D, and backend technical support to train our existing machines.

How are you retaining employees?

When it comes to employee management, our employees are not micro-managed and have complete freedom at work. We regularly conduct an objective-based performance appraisal that helps us as a company and the employee as an individual recognise their position and growth in the company.

How has Reverie embraced and adapted to the hybrid model that most companies in IT currently follow? What's working?

At the moment we are fully functional with a hybrid model that supports our teams by working two days a week from the office and three days from home. Our employees are quite aware of their responsibilities and take ownership of any tasks and responsibilities delegated. We strongly encourage a healthy work-life balance, which makes our employees happier and more productive at their work. In a nutshell, the pandemic has brought many changes to us as an organisation and as individuals. We have learned to take the good with the bad, and we can confidently say that our team has learned to become self-reliant, self-managing, and self-sufficient.

How are you dealing with the high turnover rate in the industry?

Staff turnover in the IT industry is a universal scene today. We at Reverie do not encourage retaining employees by making counter-offers and allowing retention bonuses. If someone decides to move for the money, we allow them to move on. We retain employees looking to grow, and money follows when they grow. We keep in perspective that employees who keep rolling from one organisation to another based on money cannot be satisfied in the long run.

On the contrary, we mitigate turnover by offering professional development opportunities within the organisation. We offer the possibility to change roles within teams. 

We also open the doors to freshers straight out of college and allow them to make a mark in the industry. We hire and train them to fit our requirements. 

2.

The art of perfection: SS Rajamouli’s journey into making RRR

 

While the East and the West are lost in the magic of RRR, we can’t help but look at the director, SS Rajamouli who has been known to strive for perfection with each of his films, including the pre-Independence fictional story. The maverick filmmaker, SS Rajamouli, who has brought home a Golden Globe (for best original song) with his magnum opus RRR, is the talk of the town today. While people in India have always been ardent fans of his films, including MagadheeraEega and Baahubali, the West is going bonkers only now, with the 49-year-old being named best director by the New York Film Critics Circle. In the weeks to come, Indians will be waiting with bated breath as there are murmurs that the film could be poised to receive attention in numerous categories as the Academy Awards nominations will be unveiled. 

The director, who has won many prestigious domestic accolades in his 20-year-long career is touted to be a perfectionist at work. But Rajamouli has spoken extensively in several interviews about the tag and how he only tries to bring perfection to his films even though he realises that nothing is perfect in life. In one of his interviews, he had shared, "People term me as a perfectionist because I take so much time (to make a film) but I am far from it. I would like everything to be perfect. You can get closer to perfect but nothing can ever be perfect.”

3.

HR trends in 2023 that will push the envelope even further

 

While 2021 and 2022 saw HR rebuild from the ground up to establish its new position, 2023 will see HR pushing the envelope even further. Since the Covid-19 pandemic struck, we have seen an upheaval of organisations and legacy work structures, starting with the first transition towards work from anywhere (WFA) and continuing through the Great Reopening, which was immediately followed by the Great Resignation and skills shortages. Numerous innovations have changed HR in a myriad of ways during the same time, aiding the shift from traditional to modern HR management.

While 2021 and 2022 saw HR rebuild from the ground up to establish its new position, 2023 will see HR pushing the envelope even further. Taking into account significant demographic shifts, technological advancements, and accelerating economic and sociocultural changes that we have seen, these are the four major HR trends one can expect in 2023: Rise in HR Technology, Hybrid is here to stay, Increased focus on DE&I, Reskilling/Upskilling will shoot up!

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