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HIRE & HIGHER MARCH 2022 Take A Sneak Peek Behind The Scenes Of Our March Issue

Editorial Message About Us Message from the CEO - Sanket Anil Joshi Employee Blog-Opinion Piece – Ms. Ayesha Khan , Key Account Manager Evolution of the HRM...PG: 05 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING- THESE TWO NAMES ARE CHANGING BUSINESS PRACTICES AND WORKPLACES TREMENDOUSLY....PG: 12

ISSUE NO. 1

MARCH 2022

01 From the Editor’s Desk 02 Company Profile 03 Message from the CEO 04 Meet our HIVE 05 Post Pandemic Trends-Ms. Ayesha Khan 06 Evolution of the HRM 07 Market Competition-HR 08 Impact of AI 09 Opportunity @HRIDTECH 10 Our Connects 11 Riddle Time 12 Fun Facts 13 In conclusion

CHETANA TOWER 19/1, INFANTRY ROAD,BANGALORE, KARNATAKA - -560001 GMAIL- [email protected]

www.hridtech.com

MARCH 2022| ISSUE:1

"The only place SUCCESS comes before WORK is in the DICTIONARY."

ISSUE NO. 1

MARCH 2022

Editorial Desk Greetings to all the readers from team Hridtech!

Starting March 2022, HRIDTECH is bringing out a quarterly e-Journal-

.

We have lined up an array of interesting and informative articles. This quarterly Journal is expected to play an important role in the exchange of innovative ideas in the fields of talent acquisition besides serving as a forum for sharing experiences. I happily place before the readers the first issue of the e-Journal and hope that this journal would serve as an internal/external communication channel disseminating best practices, major happenings in the Industry as well as in international arena in the related fields. I hope the readers would find the contents of the Journal interesting and useful. I invite feedback and suggestions to make this initiative a success.

Ankita Bhujel

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MARCH 2022

About Us FOLLOW US ON

SOCIAL MEDIA

Moving right minds to the right places

Founded in ___________________ Hridtech private limited, located at Infantry Road, Bangalore helps connecting businesses to the right workforce. Designed uniquely for the HR service, the company caters to both IT and non-IT sectors and provides quality services by building unique models to achieve maximum accuracy with minimum resource time. Our objective is to bridge the gap of demand and supply in the recruitment industry by providing the right candidate for the right job. Our team has diverse experience in various corporate disciplines and their success is based on the depth of highly experienced professionals to optimize service according to client specifications. HridTech is a total solution provider of human resource consulting and outsourcing services, serving clients of all industries, globally. Our team has an indepth knowledge of across many HR disciplines, thus offering diverse human resource management experience saving time, controlling costs, and mitigating risk. For permanent Staffing, HridTech assists clients hire full-time employees by shortlisting the profiles relevant to the job description given by the employers . We work closely with the clients to understand their needs, analyse their statement of requirements to define the search and identify the right pool of executive talent. As for Contract Staffing. Hridtech offers employers flexible candidates to reduce their overall staff costs. Our team makes sure that the offered candidates are as efficient as full-time employees. HridTech has an experienced team of payroll management where they manage the entire payroll process. We offer organized payroll functions regardless of company’s size which is also suitable for SMEs and start-up companies.

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Message from the CEO At Hridtech, we shape the future in recruitment. Our expertise lies in executive search and it is all about the right human connection, transparency and integrity. We believe in working together with our clients’ visions and focus on engaging in ways that are authentic and meaningful. We aim at achieving ‘the right person for the right need’ and help companies zero down on catalysts for taking their business forward. Change can open up more opportunities and hence @ HRIDTECH , we embrace change with a relaxed mind. Adhering to the policy of ‘ETHICS FIRST’, we value and practise excellence and uprightness and strive to give our best.

Sanket Anil Joshi-

CEO Of HRidTech

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MARCH 2022

MEET OUR HIVE - Coming together is a beginning. Keeping together is progress. Working together is success.” – Henry Ford;

Photo of the team here

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MARCH 2022

THE POST PANDEMIC CAREER CHANGE TRENDS: INSIGHTS FROM A Y E S H A K H A N - K E Y A C C O U N T M A NAGER OF HRIDTECH

The COVId-19 pandemic has triggered the worst job crisis ever but HRIDTECH played a significant role in reducing unemployment in the industry and served as a gateway to the public for job prospects. Technology has played a huge role in making this pandemic more bearable. It has been the pillar of the organization and enabled

business

with

continued

running

,

collaborating with new ways to fill job requirements of the clients. The crisis did not have any impact on the work schedules and the company’s growth as well. In fact, we saw it as an opportunity to accelerate transformation and introduced new ways of working. However, working remotely was a hindrance to team work. Now that the restrictions have eased, I really prefer working from office as it creates deeper connections within the team. Discussionsand meetings are convenient as we can share our thoughts on how to tackle any problems if any. Hridtech has indeed provided a plenty of opportunities for my personal and professional growth and it will surely help me realise my career goals in the days to come.

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MARCH 2022

Evolution of the HRM Human Resource Management (HRM) is relatively a very recent term considered for managing human resources in an organization. The term Human resource Management saw a major evolution after 1850 and the advent of the Industrial revolution was a boon. It was generated because of the realization of the employees’ value. Human Resource is the core in managing the relationship between the employee and employers. In order to have an effective and efficient work place, HR plays an important role in managing company’s growth. The

term

Management

Human

Resource

means

supporting

employees at all stages of the employee

life

recruitment,

cycle

from

onboarding,

performance management, coaching & training, career planning & succession and separation. Human Beings are social beings and hardly ever live and work in separation. We always plan, develop, and manage our relationships both consciously and unconsciously. The relations are the outcome of our actions and depend to a great extent on our ability to manage our actions. Therefore the whole context of Human Resource Management revolves around managing relations at the work place. Besides , the process of recruiting, selecting employees, providing proper orientation and induction, HRM also includes employee assessment like Performance Appraisal, facilitation proper compensation and benefits, maintaining proper relationship with labour and trade union. The profession of Human Resources is everevolving and makes an active contribution to businesses at the top table.

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MARCH 2022

Market Competition- HRM “Competition affects personnel policies and procedures so greatly that it forms the proper backgrounds for our analysis” - Balderston

A competitive strategy is a long term marketing plan that companies develop to defend their market position and gain a competitive advantage. Competition requires more energy for processing, while cooperating appears to be more socially rewarding. This means there are more systems in place to reward cooperation – so long as we can deal with that competitive urge, which can impact our energy and ability to collaborate. All firms exist in a competitive environment, with competitors trying to attract the same customers. Therefore, a firm implements a strategy that creates a superior value for customers and that its competitors are unable to duplicate. As the change in the nature of work and forward-thinking trends, harness the power of human-centred businesses, HR professionals are presented with a vast amount of data and an increasingly varied talent tool. And with barriers to enter in the market being lower than ever, businesses have the opportunity to stay relevant amid the data revolutions - regardless of sector, budget or level of technical expertise.

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MARCH 2022

Opportunity @ HRIDTECK We at Hrid Tech Pvt.LTd Offer end-to-end Recruitment solution. We create employee branding, provide market insights, customise recruitment Solutions and provide the right talent to fill positions at all stages of candidate. Some of the Industries which we cater for Recruitment: · · · · · · · · · · ·

IT BFSI Real Estate Outsourcing & Offshoring Indus Retail Health Care E-commerce Media Campaigns Administration Payroll Management etc

We are glad to the fact that our company also offer’s Internship Opportunity, Career Counselling, & Placement drives, for efficient graduates. Our client base Include: ( This could be on the last page before conclusion with the logos ) · HCL · Gsk Pharmaceuticals · TCS · Infosys · Smart Controls · Save by Switching · Wipro · Randstad · Teamlease · Augemento · Impelsys etc…

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MARCH 2022

The Impact of AI on recruitment :

Most recruiters are very busy people. In that regard, the more tedious, time-consuming tasks that can be automated, the better. Artificial Intelligence and Machine learning are changing business practices and workplaces tremendously. In the Corporate World, with a normal job attracting three to four hundred profiles, it will be increasingly difficult for the HR division to manually identify ideal job candidates . Here, AI plays an effective transformative role. It refines the search , speeds up the hiring process with intelligent candidate evaluation and scrutiny. Further AI can remove interviewer bias which mean all prospective candidate gets equal opportunities . In conclusion, between the search for great candidates, the time needed to conduct interviews and the challenge in hiring top-tier employees, recruiting is very resourceintensive. Many organisations already rely on AI to assist HR in the lengthy hiring process. From résumé screening to interviews, AI can surely help limit the amount of time it takes to narrow down the pool of job seekers.

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MARCH 2022

OUR CLIENTELE BASE

All clients with their logos here

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MARCH 2022

RIDDL E TIME….

ACROSS 1.activity of running a business (14) 3.working relationship with current or future employees (8) 5. typically, one that takes place over several days (9)

8.

assessing something or someone (9)

10.advise or training (9)

DOWN 1. organiZed collection of data stored (8) 4. finding and hiring candidates for a specific position or job (11) 6. integrating a new employee into an organiZation (10) 7. obtain or bring about by discussion (9) 9. The process of paying employee (7)

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MARCH 2022

More than 77 million people in the United States, ¼ of the country’s population, work for small businesses. Over half of the small businesses in America were started by people who were between 40 and 60 years old.

The word “boss” comes from the Dutch word “baas”, the standard title for the captain of a ship.

While the average length of an interview is 40 minutes, 33% of 2000 surveyed bosses indicated they know within the first 90 seconds if they will hire that candidate

.

A single mistake in your resume will prevent you from moving forward. 61% of recruiters dismiss a resume because it contains typos. 43% of hiring managers disqualify applicants because of their spelling mistakes.

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MARCH 2022

In conclusion : Understanding and attracting quality talent is the need of the hour as employees are widely recognised as valuable assets that organisations can leverage upon for survival and attaining competitive advantage. The recruitment process could very well be the most important part of any business. We need a team we can rely on to get the job done, whether we’re a small business owner hiring our first employee or the CEO of a global organization. Finding good, loyal employees is hard. At the end of the day, all we need is people who are in it for the long haul, fit in with the organizational culture, and can and will go above and beyond the bare minimum to help the company meet its goals.

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