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HR challenges in IT industry

          Sooraj.R
Challenges
Forecasting
Recruitment planning
Performance management
Training and development
Compensation management
Attrition and Retention
Forecasting
• To anticipate the no of employee and their
  specific skill requirements.
• Required quantity of people with the required
  skills at the required time.
Recruitment planning

• Identifying the right candidate suitable to the
  job in hand has become a challenge to the HR
  staff.
• Many stages of tests, interviews and group
  discussions assist in appointing the ideal
  candidates.
Performance management

• The challenge should be to create a
  performance culture.
• To provide opportunities for enhancing
  performance.
• Personal growth through job rotation and
  promotions.
Training and development

• A suitable strategy to meet the immediate
  requirements and futuristic needs.
• To be well equipped to handle the challenges
  in advance.
Compensation management

• Offer best possible compensation package.
• ESOP with the compensation package.
Attrition and Retention

• Money is not the single factor that attracts an
  employee.
• New benefits which coax the employees to
  remain within the organization producing
  excellent performance.

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