7/29/2019 Indian HR at an strategic inflection point

1/14

HUMAN RESOURCE

INDUSTRY AT ANINFLECTION POINT

---------------------------

PUJA JHA(62)

RAJNISH KUMAR(65)

JENIFER(68)

SABITAVO DAS(73)

SAURAV SINGH(78)

7/29/2019 Indian HR at an strategic inflection point

2/14

THE INDIAN HR INDUSTRY

Age- more than 3 decades

Pre liberalization to post liberalization

Growth of HR services compared to other services

The size of the industry is approx Rs. 30000 crore.And majority portion is still untapped

No public company

7/29/2019 Indian HR at an strategic inflection point

3/14

EVOLUTION OF HR INDUSRTY

Three levels:

1. Execution of the administrative functions of HR

activities, such as payroll and benefits

2. Talent management processes, involving the useof data to deploy talent, identify training and

development opportunities, and track

performance

3. About development and evolution of the humancapital, that overlays administrative and talent

management processes, for operating the

company.

7/29/2019 Indian HR at an strategic inflection point

4/14

DAUNTING CHALLENGES

Demand for skilled manpower is rising,but supply isnt able to keep pace.

Bloating wage expectations, but

manpower quality is deteriorating.

Surfeit of graduates, but lowemployability due to poor skills.

Deep-rooted mindset

Managing aspirations of the 20-30 yrsyoung employees

7/29/2019 Indian HR at an strategic inflection point

5/14

SHOCKING Facts and Figures!!!

Less than 3% of HR heads sit on theboards of their companies.

People efficiency in India is barely 50-60%against a global average of 80-90%

Out of the 2 million graduates that passout every year only 1/5th are employable.

99% of Indias 3.57million SMEs dontfollow even contemporary HR practices.

1800 SMEs do not employ HR heads.

Source: Kelly Services Survey,

Team lease Survey

7/29/2019 Indian HR at an strategic inflection point

6/14

FACTORS INFLUENCING

SATISFACTION AND

CONTRIBUTION OF EMPLOYEES

Career developmentopportunities

Training

More challenging work

Opportunities to do what I dobest

Regular, specific feedback

Greater clarity

7/29/2019 Indian HR at an strategic inflection point

7/14

EMPLOYEES SEEK MORE

CHALLENGING ASSIGNMENTS

Source:BW-HR Anexi Blessing White Employee Engagement Survey 2010

7/29/2019 Indian HR at an strategic inflection point

8/14

WHAT INFLUENCES EMPLOYEE CONTRIBUTION

Source:BW-HR Anexi Blessing White Employee Engagement Survey 2010

7/29/2019 Indian HR at an strategic inflection point

9/14

INFLECTION POINT

7/29/2019 Indian HR at an strategic inflection point

10/14

INDIAN HRINFLECTION POINT

Have we really reached to that level?????

From local to global/ glocal

Seriousness for HR function

The government initiatives

Human capital vs work force mentality

7/29/2019 Indian HR at an strategic inflection point

11/14

Cultural challenges

Leadership Grooming

Retaining know how

Gender Equality

HRChallenges.

7/29/2019 Indian HR at an strategic inflection point

12/14

GENDEREQUALITY

68% of the Fortune 500 companies do nothave a female boardroom member

Only 11% of the top executives are women

Among total 128 countries, India ranks 114th

in terms of the Gender Gap Index 2010 report

Only 16% of the junior managers are women

Only 1% of the organizations have womenCEOs

A female employee earns Rs 67 for everyRs100 earned by her male counterpart forsimilar work.

Source:The World Economic Form Gender Gap Index 2010

Confederation of Indian Industries Report

7/29/2019 Indian HR at an strategic inflection point

13/14

HR Initiatives for WOMEN

On campus day-care centre

(McAfee India)

Flexi- Timing to accommodate

early parenthood

Extended maternity leaves

Adoption maternity leave (IBM)

A certain amount of payment of

the legal expenses incurred while

adopting a child (HP) Cab drops during pregnancy

Post maternity leaves without pay

for 6months to 1yr IBM, Infosys)

7/29/2019 Indian HR at an strategic inflection point

14/14

Thank You