Demonstrating a strong career growth trajectory within the organization, establishing a clear employee evaluation and a goal-setting framework, and having a robust rewards and incentive programme are now essential to reduce the employee churn across real estate companies.
The growing population in India, overall economic growth, rising income levels and an increase in the foreign investment, has led to a heightened need for improved infrastructure across urban, semi-urban and rural India. Such demand for real estate, together with increased regulatory vigilance is leading to an unprecedented requirement of manpower in this space. By 2020, the Indian real estate industry is anticipated to be a $180 Billion opportunity.
Related posts
Race against time or be wiped out
It does not matter whether By K.P. DUTTA you are a lion or a gazelle; when the sun rises - you better be running!
I am at my client’s place making...
Get Business Savvy
There is incomparable merit in leveraging business experience for human resources advantage - and vice versa.
Many things come to mind when one thinks of how one's experience in managing businesses...
CEO Expects The World Of You
By dropping the mantle of "functional experts" and adopting a business mindset, HR can find a way of customizing its special skills to fulfil changing expectations of business leaders.
The age-old...
So Where Is The Catch
HR plays a larger and more crucial role in facilitating change that is linked to a volatile and exciting market place.
India explodes the nuclear bomb and well almost simultaneously all...
Credibility Of HR
HR needs to be innovative, business oriented and scientific to establish its credibility and relevance for the organizations.
Early this week Ruchika, a student of IMT Ghaziabad, PGDM program came to...
Partner In Progress
In order to enhance the company's bottomline, HR first needs to recruit winners to maintain the winning speed.
HR has evolved far from being a non-entity. No longer an administrative function,...
Who’s The Richest Of Them All
A look at compensation trends for HR professionals…
I t has been over the last few decades that the human resource management function has added tremendous value to the theory and...
Magic of Synthesis
A real life story of how HR spurred business success at Bank of Baroda.
In the last two decades, there has been considerable degree of hype about HR, its potential and...
Incentive Planning with EVA
Sharing a new concept
what gets measured gets done, for good or bad. Many companies chase growth in earnings per share, but end up discovering that too much capital at too...
Okay Buddy, Take Charge
‘Linking line managers and HR
Human Resources Development has, for long, been a preserve of specialists. This is no longer so. Increasingly, organisations expect their line managers to shoulder responsibilities for...
Odyssey Into Consulting
Managing transactions leaves no time to devote to areas that HR practitioners are uniquely positioned for. Consulting is often seen as an attractive choice, but the transition entails more than...
Ready To Face Tomorrow
What are the HRD competencies and roles for new millennium? A survey reveals…
The recent changes in the competitive and economic framework has resulted in a lot of debate regarding the...