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EMERGING TRENDS OF HUMAN
RESOURCE WITH SPECIAL FOCUS
      ON “IT” INDUSTRY


  Submitted By:
                  Debashish Mishra-11202202
                  Saurabh Singh-11202216
                  Pragnya Pattnaik-11202217
                  Ashirbad Kundu-11202235
                  Tripti Kumari-11202258
What is Human Resource Management?


  Human Resource Management (HRM) is the function
  within an organization that focuses on recruitment
  of, management of, and providing direction for the
  people who work in the organization


  It is also a strategic and comprehensive approach to
  managing people and the workplace culture and
  environment.
Areas of Implementation
Recruitment & Selection


Organizational design & development


Business transformation & change management


Performance, conduct & behavior management

Industrial & employee relation

Human resource(or workforce) analysis and the management of workforce personal
data

Compensation, rewards & benefits management


Training & development(learning management)
Human Resource Management Trends

                     Demographics

        Characteristic of population/workforce

                         Diversity

      Refers to variation within population/workforce


                  Skills and qualifications

        Refers to individual skills of professionals.
HR trends in Pre-Liberalization Phase

Liberalized government policies led to diversification
of workforce and cross culture took place.

    HR trends in Post-Liberalization
                 Phase
Large population of India became a part of
multinational and foreign units.
Emerging HR trends in India
    Highly skilled and knowledge based jobs are
        increasing while low skilled jobs are
                     decreasing.

     Indian organizations are also witnessing a
     change in systems, management cultures
    and philosophy due to the global alignment
              of Indian organizations.



    There is a need for multi skill development.
HR trend in Information Technology
              Industry
        Level searches and hires by
            Indian companies.


      Many companies are searching for
       middle and entry-level talent.

      Indian companies are inheriting a
         large number of employees
          through global acquisition.
FINDINGS AND DISCUSSIONS
    According to industry estimates majority of demand for manpower
              would be in the area of IT – enabled services.



      The Indian IT services industry was expected to focus more on
              strengthening the middle management cadre.


    During the recovery period many companies have adopted various
  advanced technologies in their work like human analysis, human capital
             management, early warning systems and others.


  Salary trend also shows that along with abundant growth opportunities,
                IT sector is one of the highest paying sectors.
FINDINGS AND DISCUSSIONS(Contd.)

           Emerging concept of 4 R’s among HR Managers

    Recruiting           Retaining      Retraining         Restructuring

 Signing bonus     Retention bonus   Job rotation        Broad job
                                                         description
 Finders fee       Project pay       Team                Flexible
                                                         compensation
 Alumni            Reduce FTE        Assignments         Programs

 Connections       Pay               Skill inventories   Flexible jobs

 Non-techs         Telecommuting     Competency          Positive problem
                                                         solving spirit
 Students          Externs           Development

 Interns           Job sharing       Certification
FINDINGS AND DISCUSSIONS(Contd.)
         No. of Engineering graduates and IT professionals
                               hired
600000

500000

400000
                                                Engineering Graduates
300000                                          IT Professionals
                                                Column1
200000

100000

    0
FINDINGS AND DISCUSSIONS(Contd.)


   Pankaj Shankar, Global Head(HR),Infogain Corporation says, "Apart from talent
    acquisition and retention leadership development, aligning and integrating
  people's performance with business goals and management of intellectual capital
         would also require attention of HR managers in the coming years.”


  IBM researchers have developed a skills planning model for optimal allocation of
              skills to minimize the impact of disaster at any one site.



      HCL Technologies oriented itself by focusing on communications to keep
               employees in-the-know and maintain transparency.
CONCLUSION

Human resource management will be the key area of focus in 21st
century as companies and government organization put in place
strategies to cope up with the economical crises and recovery.

Human resource become one of the most essential ingredients of
success in the knowledge era and a skilled-based economy.


HR managers have to take care of many things in mind while dealing
with the number of people working in the organization.
CONCLUSION(CONTD..)

Emerging HR trends of IT industry cannot be managed properly by the
old traditional HR techniques.


The IT industry has been devising newer personnel management/HR
techniques which specifically meet needs of IT industry.


It can be concluded that Emerging HR trends of Indian IT industry are
quite different from the old economy industry.

HR managers in Indian IT industry must keep the sensitive nature of IT
professionals and state of greater opportunites outside in mind for
devising HR policies for their organizations.

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Emerging HR Trends in IT Industry

  • 1. EMERGING TRENDS OF HUMAN RESOURCE WITH SPECIAL FOCUS ON “IT” INDUSTRY Submitted By: Debashish Mishra-11202202 Saurabh Singh-11202216 Pragnya Pattnaik-11202217 Ashirbad Kundu-11202235 Tripti Kumari-11202258
  • 2. What is Human Resource Management? Human Resource Management (HRM) is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization It is also a strategic and comprehensive approach to managing people and the workplace culture and environment.
  • 3. Areas of Implementation Recruitment & Selection Organizational design & development Business transformation & change management Performance, conduct & behavior management Industrial & employee relation Human resource(or workforce) analysis and the management of workforce personal data Compensation, rewards & benefits management Training & development(learning management)
  • 4. Human Resource Management Trends Demographics Characteristic of population/workforce Diversity Refers to variation within population/workforce Skills and qualifications Refers to individual skills of professionals.
  • 5. HR trends in Pre-Liberalization Phase Liberalized government policies led to diversification of workforce and cross culture took place. HR trends in Post-Liberalization Phase Large population of India became a part of multinational and foreign units.
  • 6. Emerging HR trends in India Highly skilled and knowledge based jobs are increasing while low skilled jobs are decreasing. Indian organizations are also witnessing a change in systems, management cultures and philosophy due to the global alignment of Indian organizations. There is a need for multi skill development.
  • 7. HR trend in Information Technology Industry Level searches and hires by Indian companies. Many companies are searching for middle and entry-level talent. Indian companies are inheriting a large number of employees through global acquisition.
  • 8. FINDINGS AND DISCUSSIONS According to industry estimates majority of demand for manpower would be in the area of IT – enabled services. The Indian IT services industry was expected to focus more on strengthening the middle management cadre. During the recovery period many companies have adopted various advanced technologies in their work like human analysis, human capital management, early warning systems and others. Salary trend also shows that along with abundant growth opportunities, IT sector is one of the highest paying sectors.
  • 9. FINDINGS AND DISCUSSIONS(Contd.) Emerging concept of 4 R’s among HR Managers Recruiting Retaining Retraining Restructuring Signing bonus Retention bonus Job rotation Broad job description Finders fee Project pay Team Flexible compensation Alumni Reduce FTE Assignments Programs Connections Pay Skill inventories Flexible jobs Non-techs Telecommuting Competency Positive problem solving spirit Students Externs Development Interns Job sharing Certification
  • 10. FINDINGS AND DISCUSSIONS(Contd.) No. of Engineering graduates and IT professionals hired 600000 500000 400000 Engineering Graduates 300000 IT Professionals Column1 200000 100000 0
  • 11. FINDINGS AND DISCUSSIONS(Contd.) Pankaj Shankar, Global Head(HR),Infogain Corporation says, "Apart from talent acquisition and retention leadership development, aligning and integrating people's performance with business goals and management of intellectual capital would also require attention of HR managers in the coming years.” IBM researchers have developed a skills planning model for optimal allocation of skills to minimize the impact of disaster at any one site. HCL Technologies oriented itself by focusing on communications to keep employees in-the-know and maintain transparency.
  • 12. CONCLUSION Human resource management will be the key area of focus in 21st century as companies and government organization put in place strategies to cope up with the economical crises and recovery. Human resource become one of the most essential ingredients of success in the knowledge era and a skilled-based economy. HR managers have to take care of many things in mind while dealing with the number of people working in the organization.
  • 13. CONCLUSION(CONTD..) Emerging HR trends of IT industry cannot be managed properly by the old traditional HR techniques. The IT industry has been devising newer personnel management/HR techniques which specifically meet needs of IT industry. It can be concluded that Emerging HR trends of Indian IT industry are quite different from the old economy industry. HR managers in Indian IT industry must keep the sensitive nature of IT professionals and state of greater opportunites outside in mind for devising HR policies for their organizations.