Essential Strategic HR
Essential Strategic HR HR and payroll : Mind the governance gap. Tax code changes, fallout from workplace harassment, the rise of artificial intelligence and other long-term trends will put the spotlight on workplace tech this year. Trends In Payroll That Will Change System integration is a key enabler for payroll processes. It is a necessity for adequate controls, data privacy and appropriate checks and balances. Integration throughout the payroll process reduces the risk of non-compliance and unnecessary labor costs. It can also reaffirm confidence in existing controls and reduce time delays in re-validating. Top-performing organisations have high levels of integration between their payroll system and other key systems including Rostering, Time & Attendance, and Benefits. With an integrated system, a company can reduce complexity, redundant data and risk of errors. Internal Promotion and “Upskilling” Upskilling is a relatively new term that is used to describe developing employees that are already working for the company. In 2018, it’s expected that companies will increasingly turn to their existing employees to fill open positions, offering training and encouraging employees to go for promotions. With fewer new employees expected to enter the workforce in the coming years than ever before, employers are seeing the merits of investing in people that are already familiar with and loyal to the company. AI in Recruiting Many recruiting tasks have already been automated, but 2018 may push even more into the digital realm. HR software outfitted with artificial intelligence (AI) may begin reviewing top applications that have made it through the filtering process and even interviewing candidates. Not all companies will see benefits from de-humanizing tasks such as application sorting and be interviewing, but adding AI to the mix will definitely save time and mitigate the potential for discrimination. AI is less likely to select or reject a candidate because of unconscious biases based on things like name, accent, and demeanor than a human interviewer. Ranking systems can also be built into virtual interviews. HR Tech Trends HR operations have been highly undervalued. All the HR professionals wanted to be a strategic business partner, the role with the most positive connotation. The last years we have seen an upgrade of HR Operations that will continue in 2018 – 2019. Most likely HR can add most value in the HR operations area. The requirements for the people in HR operations are different though, and probably we need a new breed of HR professionals who can run HR as a service organization. Many more trends are emerging such as : • From vacancies to opportunities • Selecting on value fit • The end of classroom training • No more leadership journeys • Purpose, purpose, purpose…. • Less multitasking • Working from 9-5 • The Consumerisation of HR • Improving Performance Consulting • From Individuals to Networks of Teams • Man-Machine Collaboration • Algorithm Aversion • HR Operations in the Lift • Who owns the people data? • One size does not fit all • The battle of the apps • Focus on the Employee Experience • Agile HR • Keep it Simple • Talent Everywhere • Organisational Network Analysis • The use of personas • The invasion of chatbots • To a more human and holistic HR • The end of static jobs • The changing scope of recruitment Data Drive in decision making We are seeing the worlds of payroll, HR and business management solutions move closer together as organisations adopt integrated solutions to gain better control over their workforce costs and create stronger engagement with employees. One benefit lies in the fact that data and transactions don’t need to be captured multiple times across different business applications. In addition, such systems give HR teams a complete view of their relationships with employees, from on-boarding to engagement, talent development and performance management. This empowers HR to react to the needs of the workforce and the business in a more agile manner. Data will drive decision-making HR is about to change dramatically with data analytics becoming a way of life for HR directors and HR managers. As HR professionals have more data (gathered through digital interfaces like employee self-service) about employees and the business at their fingertips than ever before; they will begin to use analytics to make better decisions and to shape superior employee experiences. Data will help HR and the business to answer questions such as : • Where did we find the best hires for our business, i.e. top performers who have we retained for a good while? • How many people will we need in our service department to support our forecasted revenue growth of 10% for the next financial year? • What are the possible reasons for high employee turnover in the call center? • What skills gaps do we have in our organisation? Performance management is changing We have seen a lot of discussion in the past year or two about the value of annual performance reviews, and many large organizations around the world have streamlined performance management or even done away with annual reviews. Though I don’t foresee most companies scrapping annual reviews, I expect that performance management will change to cater to a changing work world. We’ll see companies give employees feedback more frequently, perhaps each month or even each week, rather than once a year. This will help managers and employers to constantly monitor performance, identify challenges and opportunities and recalibrate employees’ alignment with its strategic objective. Annual reviews are useful in this regard, but they’re not frequent enough in a business world where the pace of change is so fast.
Essential Strategic HR Agency in Pune
PUNE
Pune, is the second largest city in the state of Maharashtra and the seventh most populous city in India, with an estimated population of 7.4 million as of 2020.23 It has been ranked as “the most livable city in India” several times.24 Along with the municipal corporation limits of PCMC and the three cantonment towns of Camp, Khadki and Dehu Road, Pune forms the urban core of the eponymous Pune Metropolitan Region (PMR).25
According to the 2011 census the urban area had a combined population of 5.05 million whilst the population of the metropolitan region was estimated at 7.4 million.9 Situated 560 metres (1,837 feet) above sea level on the Deccan plateau on the right bank of the Mutha river,26 Pune is also the administrative headquarters of its namesake district.The largest city of Maharashtra, Pune contributes a GDP(PPP) of $78 billion.
About Pune
Pune is situated to the west of Maharashtra and is the eighth largest metropolis in the country. Considered as the second largest city of Maharashtra, Pune is tagged as one of the fastest developing real estate market of India.
Pune has been called by a number of sobriquets, popular among them include pensioner’s paradise, Queen of the Deccan, and Oxford of the East. One of the historical cities of the nation, Pune is endowed with a shining past, a ground breaking present and an auspicious future.
One of the fastest growing cities of west India, Pune is blessed with traditional old economy industries that continue to play a pivotal role towards growth and development. Government and private sector, Research Institutes, Manufacturing, Information technology and Automobile are the pillars of Pune’s economy. Rapid growth of its industrial sector has made property in Pune one of the prime hot spots of recent times.
In the last few years, Pune has witnessed defence, engineering and other crucial sectors making it their headquarters, transforming it into a major industrial centre. Considered as the greenest urban areas of the nation, Pune has more than 40% of its area covered by greenery which is slowly reducing due to high demand for property in Pune and boom in Pune Real estate.
Pune Real Estate market
Considered as an end-user market, the real estate prices in Pune are generally high and increasing. Increased input cost of the developers, together with rise in investor’s demand from the peripheral locations is what drives the property in Pune and the overall Pune real estate sector.
Though the maximum demand for property in Pune was encountered in the Rs 30-Rs 40 lakh category, the supply of apartments, flats for sale was not up to the mark. The Rs 40-60 lakh category witnessed the maximum inventory supply. In comparison to the last year, carpet and built-up area in the city have elevated by 25-30%. This is further expected to increase with property in Pune vying for more luxury segment.
Demand for residential apartments in West Pune is emerging from the IT hub, which is located in the Rajiv Gandhi InfoTech Park, Hinjewadi. Demand in East Pune is mainly being driven by CBDs in Viman Nagar, Cyber City, Kharadi and Magarpatta.
Key builders in Pune are Mittal Brothers, Kumar Properties, Gagan Properties, Rohan Builders, Namrata Group, Ranjeet Developers, Paranjpe Schemes, Kolte Patil Developers, Kohinoor Group, Goel Ganga Group.
Key projects of Pune are Hillside Urban, Magarpatta Nanded City, Mittal Akshardham, Amrapali Aurum Towers, Nitron Landmark, Gokhale Group Anandban, Tanish Pride, DSK Kasturi, D. R. Gavhane Ankur, SKD Shiv Samruddhi, Vishwa Vinayak Residency, P4 Ventila, Aarav Balboa Avenue, DSK Gandhakosh, Shamaprasad Mukharjee CHSL, JM Adi Amma Bliss, Ravima Feel Bliss, Aditi Splendor Residency, Magnum lifestyle, Chandrarang La Melosa, Shraddha Landmark Kanchi Enclave, EDEN LA’MONTE CARLO, Sai Raj Heights, Vastu Tejonidhi, Shroff Signature Heights Phase 2, Gagan Adira, Venkatesh Graffiti .
Some of the most popular properties searched in Pune are 1 bhk flats in pune, plots in pune, villas in pune, 2 bhk flats in pune, 3 bhk flats in pune, house in pune, Flats in pune.
Demographics:
Going by the 2011 census, the urban population of Pune around 51 lakh. The estimated population includes towns such as Pimpri, Dehu, Khadki and Chinchwad. Consistent growth in the education and software sector has fuelled the influx of labours and workers from across the nation.
As per PMC reports, the rising trend in migration to Pune from 1991 to 2001 was mainly to economic reasons. Migration to the city between 1991-2001 was estimated at 3.6 lakh that was calculated as 15% of Pune’s total population at the end of the decade. This will increase demand for Real estate in Pune.
In regard to the rapid growth of the IT sector, migration between 2001-2011 remained constant at 12%, however it is expected to decline by 10% between 2011-2021 and by 8% between 2021-2026. This migration has also driven the demand for properties for rent and properties for sale in Pune.
Information Technology
After Bangalore, Pune has emerged as the potential destination to home the growing number of IT companies in the country. Hinjewadi in the west has emerged as a perfect destination for the upcoming IT/ITes companies in India, since it offers vast vacant land that is ideal for buil-to-suit offices.
At present, the IT/ITes sector in Pune account for 75% of the total office space occupied. The pace at which the IT/ITes sector is flourishing in the city has triggered the construction activity in the office space market in the last decade, significantly.
Currently, Pune is home to a number of IT/ITes giants, namely TCS, Infosys, Tech Mahindra, Wipro and Cognizant. The Rajiv Gandhi Infotech Park at Hinjewadi, Blueridge SEZ, Dlf Akruti IT SEZ and Embassy Techzone have changed the face of Pune into a major IT hub.
Connectivity
Indian highways and state highways constitute connectivity in Pune. National Highway 4 connects Pune to Bangalore, Mumbai and Kolhapur, while NH 9 joins the city to Hyderabad and NH-50 to Nashik. The State Highway connects the city to Aurnagabad, Ahmednagar and Alandi.
India’s first six-lane high-speed expressway, the Mumabi-Pune Expressway, has changed the overall connectivity of the city. Built in 2002, the Expressway has reduced the travel time between Mumbai and Pune by 2 hours.
Situated at Lohegaon, the Pune International Airport, regulated by AAOI offers domestic flights to major cities.
Local trains in Pune connects it to Lonavala and Pimpri-Chinchwad, while the daily express trains links the city to Hyderabad, Kochi, Chennai, Kanpur, Jammu, Patna, Mumbai, Delhi, Coimbatore, Bangalore, Howrah etc.
Pune Metro Rail is in talks with the DMRCL for a more sustained connectivity. The proposed metro is expected to a blend of underground and elevated sections and the initial routes are outlined between Vanaz-Ramwadi and Pimpri-Swargate.
PMPML buses offer excellent transport service within the city and its suburbs. In addition to it, the Maharashtra State Road Transport Corporation also provides buses from main stations in Pune Station, Shivajinagar and Swargate to all the prime locations in Maharashtra.
Pune civic administration
Pune is administered by Pune Municipal Corporation. Comprising of 149 councilors, the corporation is regulated by the Mayor of Pune. The executive power is actually endowed with the Municipal Commissioner of the state.
Along with the PMC, there are four different administrative bodies who work in sync to maintian order in the state. Such bodies include Khadki Cantonment Board (for Khadki), Dehu Road Cantonment Board (for Dehu Road), Pimpri-Chinchwad Municipal Corporation (for Pimprr-Chincwad)
Pune is in talks with the state government to formulate Pune Metropolitan Regional Development Authority that would constitute corporations, municipal councils and other local government bodies of the city. This authority will oversee all Pune Real estate decisions.
All Localities in Pune
pune LOCAL AREAS
Hadapsar | Wadgaon Sheri Vidyanagar Viman Nagar Vishrant Wadi Wagholi Wakadewadi Wanwadi Warje Yashvant Nagar Yerwada Loni Kalbhor Shetphal Haveli Chikhali Talawade Shivane Kharadi Dehu Bhor Chandkhed Induri Kamshet Daund Khadki Junnar Markal Rajgurunagar Khed Koregaon Park Dehu Road Manchar Sinhagad Road Hinjewadi Mulshi Mahalunge Alandi Alandi Road Balewadi Bhosari Chakan Chinchwad Dapodi Dighi Kasarwadi Landewadi Old Mumbai Pune Highway Nigdi Pimple Saudagar Pradhikaran Sanghavi Undri Lavasa Mandai J M Road Talegaon Dabhade Uday Baug Walvekar Nagar Ghorpadi Sopan Baug Keshav Nagar Tingre Nagar Magarpatta Road Khadakwasla MIT Collage Road Ideal Colony Manjri Sukh Sagar Nagar Ambegaon Budruk Rahatani Bibwewadi BT Kawade Road Ravet Pashan Sus Road Ramtekdi Ingale Nagar Sasane Nagar Pimple Nilakh Tathawade Pimpri Chinchwad Nasrapur Velha Road Wai Lohegaon Yavat Chourainagar Malegaon Kiwale Taljai Jambhul Veerabhadra Nagar Moshi Shikrapur | Handewadi Road NIBM Annexe Moshi Pradhikaran Sainath Nagar Pawna Nagar Panshet Khed Shivapur NIBM Road Ranjangaon Karanjawane Road Magarpatta Baramati Pune Nashik Highway Kondhwa Saswad Road Shreehans Nagar Koregaon Spine Road Pune Sholapur Road Jejuri Shirwal Kharadi Bypass Road Pimple Gurav Purandar Senapati Bapat Road Narhe Gahunje Mundhwa Road Shirur Marunji Velhe University Road Mamurdi Uruli Kanchan Uruli Devachi Handewadi Rambaug Colony Kanhur Mesai Maan Kondanpur Saswad Nande Kondhawe Dhawade Wadebolai Mumbai Pune Expressway Uttam Nagar Punawale Dattavadi MG Road Ranjangaon Sanaswadi Mangalwar Peth Kirkatwadi Fatima Nagar Raviwar Peth Lonikand NDA Road Indapur Gultekdi Sus Sangvi Vithalwadi Shirgaon Wadaki Narayangaon Theur Wadegaon Nerhe Kanhe Bhusari Colony Padvi Nanded Charholi Budruk Katraj Kondhwa Road Ganga Dham Khamundi Dhanore Talegaon Dhamdhere Kolhewadi Sarola Shewalwadi Pingori Sanjay Park Paud Kavade Mala Shankar shet road Ashtapur Baner Pashan Link Road Agarkar Nagar Kondhapuri Mahatma Phule Peth Bakori | Kalas Ketkawale Walhe Chimbali Alephata Bope Chande Lokamanya Nagar Yewalewadi Kelawade Hinjawadi Phase I Mahalunge Ingale Ambarwet Rihe Wadgaon Budruk Kasar Amboli Kasarsai Bhilarewadi Kesnand Ghotawade Somatne Phata Nanekarwadi Awhalwadi Gudhe Narayanpur Malshiras Donaje Alandi-Markal Road Nimgaon Mhalungi Ambavane Valane Uravade Mohari BK Bhaginghar Tambhad Sonde Karla Kodawadi Misalwadi Koregaon Bhima Dive Lohagad Medankarwadi Wadki Kolvan Karmoli Pargaon Dhangarwadi Parner Pune Highway Bahul Bopgaon Morgaon Kolwadi Bhoirwadi Sate Bopkhel Vadhu Budruk Shindaone Pimpalgaon Tarf Khed Boripardhi Somatane Holewadi Shiroli Kurkumbh Jalochi Charholi Khurd Nighoje Baner Bypass Highway Otur Ambegaon Khurd Moi Walati Jambhulwadi Tukai Darshan Darumbre Karanja Vihire Parvati Paytha Vadgaon Sheri Mangadewadi Kunjirwadi Kadus Sadar Bazaar Aambethan Uksan Dahiwadi Haveli Talegaon chakan Road Baner Annexe Talegaon Varale Road |
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