Benefits - BHR CODE PVT LTD https://www.bhrcode.com Thu, 04 Apr 2024 06:58:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://www.bhrcode.com/wp-content/uploads/2024/01/cropped-vder-32x32.png Benefits - BHR CODE PVT LTD https://www.bhrcode.com 32 32 The Future of Hiring: Trends and Strategies for Success https://www.bhrcode.com/the-future-of-hiring-trends-and-strategies-for-success/?utm_source=rss&utm_medium=rss&utm_campaign=the-future-of-hiring-trends-and-strategies-for-success Thu, 04 Apr 2024 06:58:49 +0000 https://www.bhrcode.com/?p=10258 Introduction: As we step into the future, the landscape of hiring is undergoing a profound transformation. Rapid technological advancements, changing […]

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Introduction: As we step into the future, the landscape of hiring is undergoing a profound transformation. Rapid technological advancements, changing work dynamics, and evolving candidate expectations are reshaping the recruitment process. To stay ahead in this dynamic environment, organizations must embrace emerging trends and adopt innovative strategies for success. In this blog post, we’ll explore the future of hiring, covering key trends and strategies to navigate the evolving job market, including IT jobs, non-IT roles, opportunities in Faridabad, jobs near candidates, remote jobs, and work-from-home opportunities.

  1. AI-Powered Recruitment Tools: Artificial intelligence (AI) is revolutionizing the hiring process, enabling organizations to automate repetitive tasks, analyze large volumes of data, and identify top talent more efficiently. AI-powered recruitment tools, such as chatbots for candidate screening and predictive analytics for talent forecasting, streamline processes and improve decision-making.
  2. Personalization in Candidate Experience: In the future of hiring, candidate experience will be paramount. Organizations will prioritize personalization, tailoring recruitment processes to meet the individual preferences and needs of candidates. From personalized communication to customized assessments, creating a positive and engaging candidate experience will be key to attracting and retaining top talent.
  3. Skills-Based Hiring Over Credentials: As the focus shifts from traditional credentials to practical skills and competencies, organizations will adopt skills-based hiring practices. Rather than relying solely on educational qualifications, recruiters will assess candidates based on their ability to perform specific job-related tasks, fostering a more diverse and inclusive workforce.
  4. Hybrid Work Models and Remote Opportunities: The future of work is hybrid, with a blend of in-office and remote work arrangements becoming the norm. Organizations will offer flexibility and autonomy to employees, allowing them to choose when and where they work best. Remote jobs and work-from-home opportunities will be abundant, enabling organizations to access global talent pools and promote work-life balance.
  5. Data-Driven Decision Making: Data will drive decision-making in recruitment, with organizations leveraging analytics to gain insights into talent trends, market dynamics, and hiring performance. By analyzing recruitment metrics such as time to fill, cost per hire, and candidate quality, organizations can optimize their hiring strategies and achieve better outcomes.
  6. Continuous Learning and Upskilling: In the future of hiring, organizations will prioritize continuous learning and upskilling to adapt to evolving job requirements and technological advancements. By investing in employee development programs, reskilling initiatives, and lifelong learning opportunities, organizations can ensure that their workforce remains agile and future-ready.

Conclusion: The future of hiring is characterized by innovation, agility, and adaptability. By embracing AI-powered recruitment tools, prioritizing personalization in candidate experience, adopting skills-based hiring practices, offering hybrid work models and remote opportunities, leveraging data-driven decision-making, and prioritizing continuous learning and upskilling, organizations can position themselves for success in the evolving job market. As we navigate the challenges and opportunities of the future, staying ahead of hiring trends and embracing innovative strategies will be key to attracting and retaining top talent and driving organizational success.

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Recruitment ROI: Maximizing the Impact of Your Hiring Efforts https://www.bhrcode.com/recruitment-roi-maximizing-the-impact-of-your-hiring-efforts/?utm_source=rss&utm_medium=rss&utm_campaign=recruitment-roi-maximizing-the-impact-of-your-hiring-efforts Wed, 06 Mar 2024 07:12:58 +0000 https://www.bhrcode.com/?p=7930 Introduction: In today’s competitive job market, hiring the right talent is critical for the success of any organization. However, the […]

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Introduction: In today’s competitive job market, hiring the right talent is critical for the success of any organization. However, the effectiveness of recruitment efforts cannot be measured solely by the number of hires made. It’s essential to assess the return on investment (ROI) of recruitment activities to ensure that resources are allocated efficiently and effectively. In this blog post, we’ll explore how organizations can maximize the impact of their hiring efforts by optimizing recruitment ROI, covering aspects such as IT jobs, non-IT roles, opportunities in Faridabad, jobs near candidates, remote jobs, and work-from-home opportunities.

  1. Defining Recruitment ROI: Recruitment ROI measures the efficiency and effectiveness of recruitment efforts by comparing the outcomes achieved with the resources invested. It encompasses various metrics, including cost per hire, time to fill, quality of hires, and retention rates. By quantifying the value generated from recruitment activities, organizations can make data-driven decisions to improve their hiring processes.
  2. Streamlining Recruitment Processes for IT and Non-IT Roles: To maximize recruitment ROI, organizations must streamline their processes for both IT and non-IT roles. This involves optimizing job descriptions, leveraging targeted sourcing techniques, and implementing efficient screening and assessment methods to identify qualified candidates quickly and cost-effectively.
  3. Local Talent Acquisition Strategies in Faridabad: For organizations operating in Faridabad, maximizing recruitment ROI requires leveraging local talent acquisition strategies. This may include partnering with local universities and vocational institutions, participating in job fairs and community events, and establishing strong employer branding within the region to attract top talent.
  4. Utilizing Proximity-Based Searches for Jobs Near Candidates: Proximity-based searches enable organizations to target candidates based on their geographical location, thereby reducing recruitment costs and time to fill. By leveraging geolocation data, recruiters can identify candidates located near their office locations or specific job sites, improving the efficiency of the hiring process.
  5. Optimizing Remote and Work-from-Home Opportunities: With the increasing prevalence of remote work and work-from-home opportunities, organizations can maximize recruitment ROI by embracing flexible work arrangements. Remote jobs not only expand the talent pool but also reduce overhead costs associated with office space and facilities, resulting in significant cost savings over time.
  6. Measuring Recruitment ROI and Continuous Improvement: Maximizing recruitment ROI requires ongoing measurement and analysis of key performance indicators (KPIs). By tracking metrics such as cost per hire, time to fill, and quality of hires, organizations can identify areas for improvement and implement strategic changes to optimize recruitment processes continually.

Conclusion: Recruitment ROI is a critical metric for assessing the effectiveness of hiring efforts and optimizing resource allocation. By streamlining recruitment processes, leveraging local talent acquisition strategies, utilizing proximity-based searches, embracing remote work opportunities, and continuously measuring and analyzing recruitment ROI, organizations can maximize the impact of their hiring efforts and achieve long-term success in today’s competitive job market.

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Recruitment Revolution: Embracing Change for Success https://www.bhrcode.com/recruitment-revolution-embracing-change-for-success/?utm_source=rss&utm_medium=rss&utm_campaign=recruitment-revolution-embracing-change-for-success Wed, 21 Feb 2024 10:14:46 +0000 https://www.bhrcode.com/?p=4955 Introduction: In the dynamic world of recruitment, change is the only constant. As industries evolve, technology advances, and work dynamics […]

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Introduction: In the dynamic world of recruitment, change is the only constant. As industries evolve, technology advances, and work dynamics shift, recruiters must adapt to stay ahead of the curve. The recruitment revolution is underway, and those who embrace change are poised for success. In this blog post, we’ll explore how embracing change is essential for success in recruitment, covering everything from IT jobs and non-IT roles to opportunities in Faridabad, jobs near candidates, and the rise of remote and work-from-home jobs.

  1. Embracing Technological Advancements: Technology is reshaping the recruitment landscape, and recruiters must embrace these advancements to stay competitive. From AI-powered candidate screening to virtual recruitment events, technology streamlines processes, improves efficiency, and enhances the candidate experience.
  2. Adapting to Evolving Job Markets: The job market is constantly evolving, and recruiters must adapt to changing trends and demands. Whether it’s the demand for specialized IT skills, the emergence of new industries, or the rise of remote work, staying abreast of market changes is crucial for success.
  3. Catering to Diverse Talent Pools: Diversity is no longer just a buzzword—it’s a business imperative. Recruiters must actively seek out diverse talent pools, including women, minorities, and individuals from underrepresented backgrounds. Embracing diversity fosters innovation, creativity, and a more inclusive workplace culture.
  4. Localized Recruitment Strategies: In regions like Faridabad, localized recruitment strategies are essential for success. Recruiters must understand the unique characteristics of the local talent pool, engage with community organizations, and tailor their approach to meet the needs of the local market.
  5. Utilizing Proximity-Based Searches: Proximity-based searches enable recruiters to connect with candidates based on their location. Whether it’s offering opportunities near candidates’ homes or facilitating in-person interviews, proximity-based searches improve engagement and facilitate a more personalized recruitment experience.
  6. Embracing Remote and Work-from-Home Opportunities: Remote work is here to stay, and recruiters must embrace this change. Offering remote and work-from-home opportunities expands the talent pool, improves employee satisfaction, and enables organizations to access top talent from anywhere in the world.

Conclusion: The recruitment revolution is underway, and recruiters must embrace change to succeed in this dynamic landscape. By embracing technological advancements, adapting to evolving job markets, catering to diverse talent pools, utilizing localized recruitment strategies, embracing proximity-based searches, and embracing remote and work-from-home opportunities, recruiters can position themselves for success in the modern era of recruitment. As we navigate the changing landscape of talent acquisition, let’s embrace change as an opportunity for growth, innovation, and success.

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Employee Benefits Major Trends for 2022 https://www.bhrcode.com/employee-benefits-major-trends-for-2022/?utm_source=rss&utm_medium=rss&utm_campaign=employee-benefits-major-trends-for-2022 https://www.bhrcode.com/employee-benefits-major-trends-for-2022/#respond Wed, 06 Jul 2022 10:43:06 +0000 https://bhrcode.com/2022/07/06/employee-benefits-major-trends-for-2022/ Employee Benefits- Major Trends for 2022 Employee benefits are changing as the workforce changes. A recent study predicts that many […]

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Employee Benefits- Major Trends for 2022

Employee benefits are changing as the workforce changes. A recent study predicts that many employers will continue to offer their employees a suite of benefits. This will include healthcare, retirement, and paid time off. These trends are driven by the high cost of healthcare and an increasing number of employees who are self-employed. The study also predicts that some employers will start offering employees a monthly salary instead of a weekly or hourly wage. This is an attempt to make up for the lack of benefits that come with hourly or weekly wages. Another trend is that more companies will offer remote work options to their employees. This will help employers recruit talent in locations where they are not physically present.

Major Trends Employee Benefits for 2022

Employee benefits are the amount of compensation given to employees by their employers in addition to their wages. Some benefits are mandated by law, such as minimum wage, and others are offered voluntarily by employers. Employee benefits can be divided into two categories: those provided by the employer and those provided by the employee.

In 2022, the following will be the major trends in employee benefits:

-A universal, portable retirement plan. The new plan will be designed to allow employees to move seamlessly from job to job, while still being able to maintain their retirement savings.

-Higher employer-provided retirement savings. Employers will provide more retirement savings options to employees in order to incentivize them to save for retirement.

-The ability to take more time off. Companies will be more flexible with their time off policies and allow employees to take time off for a variety of reasons.

-Flexible work hours. More companies will offer flexible work hours to allow employees to work when they are most productive.

The employee benefits industry is undergoing major changes in response to the changing landscape of the workplace. With the increase in the gig economy, traditional employer-employee relationships are less common. Companies are seeking to keep talented employees by providing new benefits, like flexible work hours and telecommuting options. The health care industry is also undergoing a major shift, with companies that offer health care benefits are seeing an increase in costs. As a result, employers are looking for ways to offer competitive benefits without increasing their overhead.

Employee benefits are evolving as more and more companies offer flexible work hours and telecommuting options to keep talented employees. Companies are also looking for ways to offer competitive benefits without increasing their overhead.

Employee Benefits BHR

Employee Benefits for Freelancer

Do you have employees? If so, this is the product for you. Freelancers have been becoming more and more popular over the years, and as a result, more people are taking on freelance work. Freelancers often do not have benefits and as a result, need to provide for themselves. With this product, you can give your freelancers benefits, which will make them more loyal to your company. This is the product for you if you have freelancers and want to give them benefits.

Freelancers are looking for more than just a paycheck. They want a good place to work, with a nice office, friendly coworkers, and benefits. The Freedom Network is a new startup that is creating an environment for freelancers to thrive. Freedom Network offers freelancers an office, the ability to make their own hours, and the ability to work from home. The company is growing rapidly and is hiring more freelancers every day. Freelancers will have the opportunity to work with other freelancers and network.Freedom Network is the perfect place for freelancers to work.

Employee Additional Time and New Development Opportunities

The most challenging part of running a business is maintaining your employees. At any given time, you’re dealing with employee performance, employee growth, and employee retention.

That’s why our HR team has created a new product to help business owners tackle this problem.

The Employee Additional Time and New Development Opportunities product provides employers with an easy way to keep their employees happy.

The benefits of this product include the following:

* Added time off to spend with family or take care of personal matters

* Opportunity to grow in a new department or learn a new skill

* Development opportunities with the company

* Assistance with work-life balance

In addition, this product also includes a unique time tracker that can be used to see how many hours have been taken by employees. This way, employers can keep track of the hours that have been used, and they can make sure that their employees are taking the allotted time off.

Employee Benefits- BHR

Always Remember When Implementing Employee Benefits?

Many employees are not sure what the benefits of their company are. When a company provides a benefit, it is because they want to make the employee happier and more productive. One benefit that a company can provide is a retirement plan. A retirement plan is a program that helps people save for retirement. When people work, they usually do not have enough money to live on in retirement. The government created a law that says that companies have to offer a retirement plan to their employees. Employees can also choose to contribute to their retirement plan. When people work for the same company for many years, they can contribute more to their retirement plan. When people retire, they can live off of the money they saved up.

As the cost of living continues to rise, it is important to have a plan for the future. This is why the government has developed programs such as Medicare and Social Security.

The average person can expect to spend $72,000 on healthcare in retirement. By saving up to 10% of your income each year, you can ensure that you will have enough money to cover healthcare costs in retirement. You can also supplement your savings with a health savings account (HSA). An HSA is a tax-advantaged account that can be used to pay for qualified medical expenses.

It is important to have a plan for the future and one way to do this is by saving for retirement. Saving for retirement can be difficult and time consuming, but there are many ways to do it. One way is by contributing to a retirement account such as a 401(k) or an IRA. Another way is by saving for retirement through a Health Savings Account (HSA). An HSA is a tax-advantaged account that can be used to pay for qualified medical expenses.

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Flexi Working: why should females have to choose family above all https://www.bhrcode.com/flexi-working/?utm_source=rss&utm_medium=rss&utm_campaign=flexi-working https://www.bhrcode.com/flexi-working/#respond Wed, 18 May 2022 08:44:05 +0000 https://bhrcode.com/2022/05/18/flexi-working/ Every year many people leave their jobs for one of the most important factors of life and that’s “Family”. There […]

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Every year many people leave their jobs for one of the most important factors of life and that’s “Family”. There might be 1000s of reasons and occasions where family need you more than your office, and you have to make a choice, and you do make a wise choice of choosing Family above all. But what come later is the real nightmare, because after that much unavoidable break when you try to get back to your normal professional life, you find it to be not normal anymore. You get to start treated like an alien in your own world.
It really does not need a study to observe who gets impacted the most because of making the tough choice choosing between family and work, the numbers will show you the north for the female professionals. In my over 1.5 decade of experience I have met and even interviewed (Job/Exit) easily over 10,000 females who have left their jobs for their families. Now that reason could be any i.e. Getting Married and shifting to a different city/country, Maternity reasons, Child care, Even in many occasions I have even met women who were forced to leave their jobs post marriage by their spouses or in-laws. So when it is said, life of a women is not easy, it’s not wrong in many ways.

Well! after all that many women professionals do find the right point in their lives when they decide that they really want to go back and do have the consent from all sides as well. But, do they get the well deserving opportunities as they decide to move back? Not always, or rather I must say not easy at all. I am always of the advocacy that talent should be hired for their talent and not for gender or other biases, however that’s not the case with many other hiring managers / business heads. Some of the very common biases that I heard from them while choosing between a male or a female (specially returning from breaks) are like

Irregularities: It’s a very common biased approach that I have observed, when they look at a female’s resume and say “She would not be regular on work, and might take a lot of leaves, today she got married so she left her previous job, tomorrow she will go on Maternity, and then so on”, and hence they chose a male resource over a female. I understand that they might and will have to take offs from work because after all we all work for our families, and we have to take care of them. But, should that become a bottleneck in someones’ career?

Deskilled : This is again one reason I have heard for not hiring a female employee returning from a family break. Well! for that matter even a man can and will also get deskilled if taken a long break from work.
Potential Attrition : They are scared for having a possible attrition, as for them, that female candidate has already left one job for family reason and may leave again. For example, if her spouse is in such a job where he might get transfer i.e. Armed forces, she will also move along with him.

If you ask me, if someone gives these reasons for not hiring a talented female employee and choose a mediocre resource over her, than there is no bigger business mistake one could make. With such a blunder you are not only loosing on a talented resource, but also disrupting the Gender diversity of your organisation. And hence many organisations do make a mistake of hiring anyone and everyone just to maintain the Gender ratio.

Rather today in technologically well connected world, we can choose to hire anyone from anywhere, then why to just let go of great valuable resources. Haven’t you heard of Flexi Working? There are literally more benefits of adopting the Flexi working for both the employee and employer than the challenges. Some major benefits that could be are as below

Benefits to Employers

Increased engagement level : When employees get the freedom to manage their work and personal life, the engagement level increases automatically, as they feel more empowered and in control of their own lives
Increased retention : Highly engaged employees love to come to work more often than of those who are less engaged. When you love your workplace you tend to stick to that for much longer period than anywhere else
Reduced operational cost : When you allow your employees to work from home, or to choose when they want to work, you actually end up in reduced cost of operations as you don’t have to pay for the workspace, electricity and other hygiene costs for that employee
Increased Talent Pool and Gender Diversity: Now since you are open to allow your employees to work from anywhere-anytime, you have actually increased your talent to hire from as now you can approach those female candidates as well that you were ruthlessly ignoring earlier. By adopting Flexi working and opening up to the larger talent pool, you increase your chances of creating a truly Gender Diverse organisation.

Benefits to Employees

Ability to manage work-life balance : If you have a flexible working option, then you could easily attend to your family matters, without effecting your work life. For example, if you have to go to attend the parents teacher meeting for children, now you can do that and complete your official tasks upon your return
Reduced time and money consumption : Now since you are free to chose your own work time, you can choose the right time to travel to office when the traffic is less, that ways you will save time in commuting and will also save money by buying less fuel. Alternatively, you can also choose not to travel at all, and work from home, saving all the money and time you would have consumed in commuting to office
More opportunities : If Flexi working becomes a norm, than there will be a lot more opportunities available for those resources who could not join the regular office workings jobs, because of their family commitments
Pursue you passion : When you have the freedom to work, you can also choose to pursue your passion, as now you can decide on what time and how much time you want to devote for your passion. As I have started pursuing my passion of Biking and touring, ever since I moved into flexible working environment.”If you pick the right people  & give them the opportunity to spread their wings and put compensation as a carrier behind it, you almost don’t have to manage them.”

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