Personnel function in future
In future the personnel function is going to evolve thus:
Job redesign: The target on job redesign will develop: Flexitime, job sharing and alternative work arrangements will come to cover a centre-stage.
Career opportunities: Apart from compensation, personal growth & self- development can become primary motives for working. HR managers can have to restructure work so that employees may discover expression of their requirement for creativity, autonomy and entrepreneurship (For instance NIIT has already started the Netpreneur scheme in the year 2000 to encourage budding net consultants - either from its own ranks or outside) in their jobs.
Productivity: "Productivity, efficiency, growth" are going to make the new mantras for corporate growth and survival.
Recruitment and selection: Effective selection devices are possible to be used, giving premium to employee knowledge, skills experience, ability to obtain along with people etc.
Training and development: As technologies change quickly, people require updating their skills constantly. A much broader range of abilities is needed to keep pace with ever-present changes, forcing companies to spend increasing total on training and development. (For example pharmaceutical majors as Dr Reddy Labs, Ranbaxy, Cipla, Sun Pharma have developed their Research and Development budgets in response to WTO conditionalities in current years).
Rewards: Rewards will be tied to performance. Advantage will accrue to those who indicate merit. Particularly - designed packages recognising talent can out-number group compensation plans. Carrot and stick policies cannot search a place in the new corporate lexicon in the days ahead.
Safety and welfare: Developing investments can have to be made by companies to develop the work atmosphere, climate and job satisfaction levels of employees.