Does ease of doing business hinge on, among things, at-will employment policies? Did India modify its strong labour laws that protect employee interest for improving its ranking in the World Bank's ease of doing business report? Thankfully, the bank has paused the reporting for now on allegations of data manipulation, and to refresh the methodology.
The only country in the world practising at-will employment is the USA, where anyone can be fired without a reason - and the number of cases suing for wrongful termination is also the highest there. While the rest of the world has labour laws that are supposed to safeguard societal interests, employers there find ways to fire people at will, either by building a case or by creating a hostile environment forcing them to quit at their will.
The authors Buckingham and Goodall of the book, Nine Lies About Work, brought home some painful facts about people management. First, the state of people management remains poor. Prior to the pandemic, Gallup reported that the quit rate is at an all-time high: 67% of employees are disengaged at work, and more than half say they are actively looking for a new job. Second, HR lacks a commitment to evidence-based people management (evaluating a decision or policy with evidence such as data and peer-reviewed scientific research to ensure the desired result is achieved).
The HR practices that remain in use, notwithstanding the evidence against them like the forced curve performance evaluations, stem from one root cause: the ability to fire employees even if the laws are not in favour. Because of this, workplaces are prone to use counterproductive management approaches that evaluate rather than invest in and develop employees.
Adopting a growth mindset
Bu hikaye People Matters dergisinin January 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye People Matters dergisinin January 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
How Digital Transformation Can Power The Great Reset
Technology has the potential to serve as the key enabler of change between digitalising administrative tasks and fostering human connections
The Crypto Meltdown Of 2022
FTX implosion: A setback, but not the end for the crypto market
Govern Pre-IPO Unicorns to Create Value; Not Valuation
Billion-dollar startups always make the headlines. But is there true value behind those eye-catching valuations? How can proper governance be implemented for these much-hyped companies?
On change and change management
The best way to end the year, especially such a disrupted one as 2022, is by laying the groundwork for the year to come. Michelle Yong, Head of Resourcing at Shell, offers some insights on change management to bring us forward into 2023
The Great Reconnection: A paradigmatic moment for employers and employees
This year has not been a good one for employee retention. The Great Resignation, originally thought to be a US phenomenon, has emerged in Asia now. But is there a way to turn it into the Great Reconnection?
Lessons Managing in leadership: a global hybrid team
What takeaways can we draw from the pandemic? Fatima Koning, Chief Commercial Officer at IWG, shares what the last five years have taught her about managing a global sales team across 120 markets in the hybrid model
Eight HR trends that we saw throughout 2022
As companies manage their workforces in a dynamic era, HR departments have continually adapted and adjusted, and never more than this year as digital acceleration and workplace evolutions came together
One way to turn the tide of employee retention
There's a surprising link between skill development opportunities and job satisfaction. Here are some ways of boosting skilling and thereby talent retention
A key focus for L&D going into 2023 should be business alignment
Venkat Subramaniam of Degreed believes that learning is core to business success and organisations need to invest in the right processes and technologies to adapt to continuous change
WOMEN IN LEADERSHIP CAN BE GAME GHANGER FOR INCLUSIVE FUTURE OF WORK
BREAKING FREE FROM THE STEREOTYPES IN THE INSURANCE SECTOR, PAMELA THOMSON-HALL SHARES HER JOURNEY OF BEING A CHAMPION FOR WOMEN AND BRINGING ABOUT A CHANGE IN A MALE-DOMINATED INDUSTRY
