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Thursday, 29 February 2024

HR Learning: 1 Mar, 2024

1.

Empowering India’s green workforce: Bharat Bhut sheds light on Goldi Solar's impactful initiatives

In this exclusive interview with Bharat Bhut, we explore Goldi Solar's role in addressing skill-demand gaps, pioneering workforce development, and championing sustainability in the dynamic renewable energy industry. Bharat Bhut, the Co-founder and Director of Goldi Solar, is a visionary pioneer in the dynamic realm of renewable energy. Hailing from the vibrant city of Surat, his journey from humble beginnings to pioneering sustainable solutions has been nothing short of inspiring. Under his stewardship, Goldi Solar swiftly ascended to a prominent position in the solar industry. Based in Surat, the company has solidified its position as a frontrunner in the solar industry, specialising in manufacturing high-quality solar modules at competitive prices. In this exciting conversation with Bharat, we unlock exclusive insights on the renewable energy landscape in India, it’s squill requirements and how Goldi Solar is championing initiatives to build a resilient workforce for this growing industry.

2.

Internal mobility to upskilling: These are HR's top priorities in 2024: LinkedIn

With AI and automation altering skill demands, 98 percent of Indian employers are observing significant shifts in the skill sets they seek in job candidates. Internal mobility, the practice of facilitating employees' movement within an organisation to different roles or departments, is increasingly gaining prominence in today's workforce landscape. This strategy not only benefits employees by offering opportunities for career growth and development but also serves as a valuable talent retention tool for organisations. According to LinkedIn’s latest 'Workplace Learning Report', 48 per cent of hiring managers in India are offering career advancement opportunities to retain and attract top talent. HR managers also emphasise the importance of helping employees develop skills for the future of work (38 per cent) and offering competitive salary and benefits (31 per cent) to retain top talent. 

3.

HR metrics for success

HR metrics are crucial for success, aligning employee engagement, optimising talent acquisition, implementing holistic performance management, and adopting HR technology for efficiency in the post-COVID hybrid work era. HR metrics refer to quantifiable measurements used to assess various aspects of the human resources function within an organisation. These metrics help HR professionals and organisational leaders track and analyse key indicators related to workforce performance, employee engagement, talent acquisition, retention, and overall HR effectiveness. The importance of HR metrics lies in their ability to provide data-driven insights and support strategic decision-making. Listed below are the four key themes that companies can incorporate into their HR metrics for effectively managing their employee journeys and sustained organisational success. 1) Employee engagement metrics aligning the workforce with organisational goals. 2) Focusing on improved talent acquisition and monitoring retention rates. 3) Holistic performance management supported by impactful training and development 4) Incorporating HR technology and automation to enhance operational efficiencies

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