hr practice in infosys

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Issue:

Miscellaneous

 

Written by:

Maxine W

 

Date added:

March 24, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2027

 

Was viewed:

5890 times

 

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Did you ever felt the need of it? Every year, a company spends millions on recruitment, but what is the result? "According to the Corporate Advisory Board of Washington DC, the cost of replacing staff can be anything between 50% and 175% of that persons annual salary and, as we are all aware, employees in the new millennium do not stay with a company for life as perhaps their grandparents did...
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The largest number favored the Staffing/Cost Ratio 52% of those that measure CPH make no differential between discipline or role rendering the CPH figure relatively meaningless Easily measured hard costs were most usually tracked (e.g. agency fees) Measurement of soft costs (e.g. management time) was rare 66% measure Speed to Hire (STH) in some manner Most common start point was vacancy sign off Most common stop point was start date - potentially very misleading due to different notice periods or other factors which determine the actual start date...
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