HR PLAY KEY ROLE IN MERGERS

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Ways To Work With Hated Ways To Work With Hated The Economic Times , Friday 14 Jan 2011. Mahima Puri. Co- Worker

Transcript of HR PLAY KEY ROLE IN MERGERS

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Ways To Work With HatedWays To Work With Hated

The Economic Times , Friday 14 Jan 2011.Mahima Puri.

Co-Worker

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y Help Create Buddies:

It is the responsibility of the peer groupto help fellow colleagues make friends.

y Other Personal counseling:

One of the ways to deal with thesituation could also be to offer thecolleague personal counseling.

How To Make Things WorkHow To Make Things Work

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y Find Areas Of Mutual Interest:As colleagues, one can identify areas of 

interest that you and the concernedperson may share.

y Give Feedback:

You have to make your colleagues awareof his behavior that is making him theleast acceptable.

y Talk To Peers:Send the person to open programs,

wherein management and behavioraltraining is provided.

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 JAN 15,2011,07.00am IST,ET BUREAU  JAN 15,2011,07.00am IST,ET BUREAU 

AS SALARIES HIT A HIGH, MORE AS SALARIES HIT A HIGH, MORE EXECUTIVES CONSIDER  EARLY EXECUTIVES CONSIDER  EARLY 

RETIREMENTRETIREMENT

CAUSES

Financial security

Early peaking in career or early growth

Burnout or professional fatigue

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Many people feel the need to retire early buthow many of those actually see this through

remains suspect.

Retirement planning is more about managingemotions than planning the finances.

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HR  HR  PLAYPLAY KEYKEY R OLER OLE

ININ M& AM& A

The Economic Times18 JAN,2011

Page-10ROSISMITA BARAL-10202014

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Significance of HR  in M& A:Significance of HR  in M& A:

Integrating peopleIntegrating peopley employee retention is key during an

acquisition- Patni case

y Cultural fit- Tejas networks case

y

35% of respondents identified µhumancapital integration¶ as the most significantissue during an M&A-study by Mercer

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y ensure a smooth integration of policies-

Wipro case

y Stabilizing the attrition rate- Dabur case

y Address the concern of employees µwhat will we look like¶ OR µdo we have the

right mix of people?¶ -TATA Sons case

Significance of HR  in M& A:Significance of HR  in M& A:

Integrating people

Integrating peoplecontdcontd««

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Pump up employeePump up employee

moralemorale

WritankarWritankar Mukherjee,ETMukherjee,ET 1818 jan jan 20112011

ET spoke to a cross-section of seasoned HR professionals onhow bosses can take guard and boost employee morale.

Make the office a learning groundResearch has shown people don¶t change jobs just formoney. Bosses should give correct feedback to employees ontheir performance, help them learn on the job and build theircapabilities

Chart the employee's growthHR experts say employees who know in advance theirgrowth plan within an organization are much moremotivated.

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y R eward and recognizeLike talent management should ideally be a year-round

phenomena for every employee-friendly company, so shouldbe reward and recognition.

y Make your company a dynamic oneH

R experts say organizations should be dynamic enough tooffer that challenge to their employees. Rotation of professionals in different roles is a must to ensure equitablegrowth of the organization and individual

y Identify the employee¶s sweet spot

HR experts say bosses should identify an employee¶s sweetspot, be it job security, faster growth, desire to work out of aparticular location, or be part of a new business, and try tonurture it

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Better with Age.Better with Age.

TOI, Jan 19thTOI, Jan 19th

y These days, the workforce of any organizationhas a strong population of employees that belongto the older generation.

y Managing the older workforce is one of mostcrucial tasks for India inc today. Hence,organizations are now devising special policies tokeep their older employees motivated and happy.

y At times one sees that that the older workforce¶s

contributions and deliverables are much moresubstantiative and qualitative compared to thoseof the youngsters.

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y Sushil Baveja, head- HR, DSCL says ± ³senior employees, being older in theemployees, bring continuity to theprocesses, practices, culture and valuesystem.

they form solid citizens of theorganization, thus bringing stability andsustainability.