Vishwa Rathnayake MBA blog

   Effectiveness of the Family-oriented incentives to achieve the organizational goals. Human capital for the organization is very vital because this reason most organizations tend to give more opportunities to the employees as well as to their families. The reasons for creating new opportunities for the employees and families are the conflicts between the workplace and the family and because of this reason absenteeism and turnover rates were increased. Therefore, organizations move to give opportunities to reduce these family-work conflicts and make both happy. There are many work-family options such as flexible time, paid family leave, child care assistance, lactation support, family bonding activities. The report explains these new opportunities one by one. When considering flexible time, organizations provide part-time, over-time work opportunities, remote work opportunities   (Celenk H, 2011) . Because of these options, employees able to solve the problems in the f...

  Employees’ mental health and the jobe roles of the organizations Mental health is the most important factor when considering the human resource of the organization because if the employees are not mentally health as physically health, it will badly affect on organizations’ performance   (French, 2020) . Stress is a common topic and most employees get affected because of the high workload of the organization. Stress can make employees get exhausted, anxious, and depressed. When the stress is high at the workplace, it will lead to increasing the level of absenteeism and turnover of the employees.  Many factors are there to improve the mental well-being of the employees  (Harnois, 2014) . When employees are empowered, it will make the employees happy, and making them happy makes their mental health. When empowered employees commit to their work, their responsibilities get increased and when they involve in strategy, they get self-motivated.  These commitments o...

  How people analytics involves in the decision-making of the organizations People analytics are the techniques that can be used to set up the choices about the workforce of the organization. People analytics can be used to make different decisions such as employee needs, morale, return on investment to the business, and etc  (Bigsby, 2021.) .  From here onwards this document explains the areas that decision-making involves in using people analytics. Satisfying the employee needs is another important decision that the organization concerns about. The organization first needs to understand its employees and find out the needs of the employees. Then initiate the motives to make their mind to achieve the goals.  When the employees’ needs get satisfied and that leads them to work at their best  (Zeru, 2019) . When employees work better, that leads to an increase in the efficiency of the organization and finally resulting in high productivity. Moreover, when the or...

  11     Outsourcing and the banking industry Outsourcing may affect positively as well as negatively on organizations. When considering outsourcing, there are many things in the organizations that can be outsourced such as accounts functions, call center functions, recruitment, selection and training of the organization, administrative of payroll, marketing of the products, maintain the IT systems,   maintaining the ATMs of the organization, and internal audits   (Ellram, 2001) .  When these areas are outsourced there are many benefits that can obtain by the organization. Management can focus on more important areas such as strategy development, core competencies, and setting up goals and objectives align with the vision and mission, etc   (Kakabadse, 2005, March-April) . Brand building and marketing of bank products to attract more customers.  Technology in the banking sector is very important as well as very dynamic. Because of this dynamic e...

  1 1   How fflexible working concept helps the organizations in the Covid -19 pandemic situation Flexible working means there is no traditional way to work in the organizations because of the different circumstances. Employees are free to work in any place at any time slot. Surveys have found that efficiency has increased by working at home during the COVID pandemic (McCallum, 2020) .  Remote working makes people more efficient because they work at home with less stress and they are not tied traveling from home to the workplace and they are free to work at any time slot in their 24 hours   (Cancel, 2018) . Organizations can increase efficiency more by setting up the goals and the time frames to achieve goals. Moreover, the organization needs to think about their employees’ safety and health and make employees aware that the company thinks about them and it makes the trust and morale of the employees and it leads to increase efficiency.  There are many benefit...

  1      How employees engage with the organization Employee engagement means the emotional commitment that employees put together to achieve the goals of the organization   (Luthans, 2002) . This involves the happiness, satisfaction, and care of the employees of the organization.  Engaged employees lead to higher customer satisfaction, increasing the service, increasing sales, increasing profits, increasing shareholder returns. It is important to measure employee engagement to identify the turnover of the organization. To measure employee engagement, organizations conduct employee engagement surveys   (Luthans, 2002) . That can ensure the satisfaction of the employees, measure the performance of the employees, strategic alignment, and competencies.  These complicated surveys take time but there are short surveys as well to measure employee engagement but short surveys may only measure whether the employees engaged or not. To ensure the gathere...