HR Practices in IT Companies

Nirav KhandhediaSymbiosis International University

Nirav KhandhediaEx-MBASymbiosis International University

Sr. Subject Matter ExpertAmdocs DVCI

HR Practices

A company can have Competitive advantage by having effective Human Resource, but Company performance is

strongly dependent on having good HR Practices.

To be competitive, a company has to be..• Fast Growing• Efficient• Profitable• Flexible• Adaptable• Future Ready• Market Dominant• Innovative

To gain Sustainable competitive advantage, company has to have best, talented and motivated Workforce.

Four Major Pillars of HR• Acquiring Talent• Enabling Talent• Grooming Talent• Building the culture

Devendra NathExecutive VP, L&T InfoTech

HR Practices should be viewed as Strategic and Tactical tools

by which an organization can achieve its goals.

Director HR, Emphasis

Over the years, traditional HR Practices are being revisited and analyzed for its suitability in today’s world.

One such major practice is the concept of Human Resource Accounting.

Gauging Human Resource in Monetary terms.Treat Human Resource as Assets in Balance Sheet, instead of Expense Heads.

Knowledge Sharing

360 Degree PM Feedback System

Safe, Healthy and Happy Workforce

ABSTRACT

Highlight Performers

Open Book Management

Style

Click icon to add picture

Performance Linked Bonus

Open House discussion and

Feedback

Fair Evaluation System

Reward Ceremonies

Isn’t it Corporate Social Responsibility?

NO Gender Discrimination

Appreciable HR Practices

Opportunities to Non-Engineering Graduates

Equal Opportunities

• Connecting with Employee’s family• Training policies• Mutual Admiration (MAD)• Spot Awards• No Attendance Monitoring• Equal privileges at all levels• Succession Planning• Reach Out• Work Life Balance

Exceptional HR Practices

References

http://www.delhibusinessreview.org/V_13n1/v13n1e.pdfhttp://www.hrplatform.com/general/h/hr_best_practice/hr_best_practice.pdfhttp://www.isrj.net/UploadedData/541.pdfhttp://www.ijbmi.org/papers/Vol(1)1/F115664.pdf

Questions?

Thank You