Culture fit? Is it important?
It is of course an important aspect of running a company. people are important factor of any business and psychology of people vary from one to another. Culture affects psychology in a great manner. Hence, cultural fitment is required while hiring employees for the company. An employee that comes from other country or region may not get along with the existing employees. Existing employees have the advantage being there for longer that the new employee. This gap is reduced when culture matches.
Reasons for Resignation
Why employee resigns from companies soon without mentioning a good reason? This is a common question many leaders and HR people have in their mind. Though they know the reasons are most of the times very openly informed by the employees prior resignation in most of the companies. There may be various common reasons like better opportunity in terms of salary, company size, job responsibilities, better position etc. There are many hidden reasons that are actually not discussed by the employees and some of them are work culture, irregular payment practices, behavior of top authorities, lack of enough training and many more. Hence it’s very important to keep a close watch on the gaps the companies have with the employees to run a successful business.
Compensation & Benefits
Compensation and benefits are directly connected to employee’s performance and motivation to work. Therefore the compensation and benefits structure must be designed properly before creating a position and start hiring for the position. By negotiating savings may be obtained but in a long run, company’s reputations more or less gets hampers due to poor salary structure design. At the same time, employees must understand their skills and past performance to take decision on what to ask for. At one point due to immediate need the employer may hire an employee at higher package but later realizing, the employer may follow unethical practices which is not good indication for both the employee and employer.