Tuesday 5 February 2013

Hiring and Firing

               Though the term is quite a nightmare for HR ,it is a truth that every HR faces in his/her work tenure.Hiring the more tedious it sounds the more complicated it is if we map it to the later effects on the company.

If you choose the right guy the consequences being:-
  •     Dealing with too much expectations of the new joined from the company and vice verse
  •     Retention if the talent is good
  •     Attrition rate because of the new joined
If you chose the wrong one the consequences are far worse:-
  •  Dealing with frustrations of the management and the employee
  • Competency matrix and process of training and counseling the employee
  • Firing and rehiring if the competency gap is not bridged within a stipulated time
  • The monetary loss in the whole process



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