June 25, 2015 | 6:15 p.m.
2015 is going to be a crucial year for the Indian economy. Indians have high expectations from the newly formed government and what they have up their sleeves to kick-start the investment cycle to revive the economy.
India Inc. is also part of this revival game. After an extended recessionary period, Indian job market is back on its feet showing signs of resurgence. Human resource experts believe that the job market is going to be in a strong hiring mode this year and companies are preparing themselves for aggressive recruitments across the board. Even the average salary increments are expected to be higher across various sectors.
As we near a cycle of – hopefully – strong economic growth, organisations face the challenge of getting its workforce in place to reap maximum benefits. At the Hindustan Times Shine HR Conclave – The Noida Chapter, we look at various aspects of a company’s people agenda.
- Hiring: How are companies going to attract Human Capital in a market where employees have huge career expectations? How tough will it be for employers to attract and retain top talent when there is no dearth of opportunities?
- Training: As newer skills are needed, how are companies going about training? How difficult is it to take people out for training when the business priorities are at a high? How are companies building leaders?
- Organization Development: How does one restructure the organization when growing rapidly? Is it possible to hire at the times of growth that may become a problem later on? How does one have a growth plan that lets employees grow with the company?
The Hindustan Times Shine HR Conclave – The Noida Chapter will have panel of CHROs, who will examine how business changes when the economy starts to grow faster and how does one ensure growth for employees – in compensation, in responsibility, in skills – so that they are part of a virtuous cycle of satisfaction and growth.