Variable Pay and Performance Linked Incentives
Variable Pay – Then and Now The practice of linking pay to performance has been around for a while. However, what’s new is that the percentage of pay that is linked to performance and the way in which the same is structured around different components of performance is new. We all know about the system […]
How to Write General and Specific Job Descriptions
Job description is all about collecting and recording basic job-related data that includes job title, job location, job summary, job duties, reporting information, working conditions, tools, machines and equipments to be used and hazards and risks involved in it. A job description may or may not have specific purpose. It depends on what HR managers […]
Implementation of Training Programs and Their Evaluation
Many organizations have extensive training programs that cover all aspects of technical and soft skills. These trainings are conducted in such a way that employees get a mandatory number of hours of training every quarter or year. This is done to ensure that employees are enabled to perform their job duties to their potential. However, […]
What is Assertiveness?
It is essential for individuals to be assertive and speak their mind without being rude and aggressive. Do not say a yes to others if you do not agree to what they are saying irrespective of their designation and level in the hierarchy. Remember, as an individual, you have all the rights to express your […]
Current State of Employer Branding
Welcome to the talent economy! With the changing perception of organizations and increasing appreciation for talent, it won’t be wrong saying that we have transported into the talent economy. Though the shift has been taking place for many decades, the last decade, however, altered the scenario seemingly in the blink of the eye. The C-suite […]
Career management is conscious planning of one’s activities and engagements in the jobs one undertakes in the course of his life for better fulfilment, growth and financial stability. It is a sequential process that starts from an understanding of oneself and encompasses occupational awareness.
An individual’s career is the sole source of one’s natural expression of self. One school of thought describes work as the purpose of life and the source of one’s expression and the purpose of being or existence. Yet others believe that there is a wide difference between an individual’s career and his/her life. In any case, career is an integral component of one’s life and therefore the need for its management.
Career management is more or less like the organisational management; after all an organisation is nothing but an assortment of individuals!
The process of career management begins with the formulation of goals and objectives those that are short term or meant to be achieved in the short run. This is a tedious task compared to a long term career goal which is more or visionary in nature. Since the objective is short term or immediate, it is more of action oriented. Second it demands achievement every day, every moment.
Again this step can be very difficult for those who are not aware of the opportunities available or are not completely conscious of their talents. However more specific, measurable and achievable the goals greater are the chances of the management plan bearing fruit.
Achievement of goal requires a well chalked strategy, which implies a plan of action to achieve the goal. This has to be followed by drafting or establishment of procedures/policies/norms or rules that govern action or practice.
The final step in the career management process is evaluation of the career management plan for ensuring that progress is being made or if there is a need to introduce some changes in the latter.
One may also utilize the services of various career assessment tests at various stages to choose career paths that are in tandem with ones likes and dislikes, strengths and weaknesses. These tests range from ones that are small and brief to the ones that are exhaustive offering minute details. Some of the tests that one may like to undergo are MBTI (Myers and Briggs Type Indicator), SDI (Strength Deployment Inventory) and Multiple Intelligence among others.
The onus of career management is more on the individual self than the employer. Ensuring personal development in terms of skills, competencies, change in attitude with time are things one may need to take care of on one’s own. Short term goals need to met and evaluated.
The long term career goals need to be revised with the change in employment scenario and self; organisations may or may not be concerned in a big way or aligned to your priorities in career and life.
Often counselling is of major help in evaluating a job and the future prospects and for establishing clarity of values for they undergo a change with the passage of time!
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Current Employment Trends and Their Implications for Business, Society, and Individuals
February 12, 2025
