'Quiet hiring' is silently revolutionising the workplace - Karma Global - 06/05/2024

'Quiet hiring' is silently revolutionising the workplace - Karma Global - 06/05/2024

• Karma
• May 06 17:10:42, 2024

'Quiet hiring' is silently revolutionising the workplace - Karma Global makes a move to enhance the potential of its own internal resources

Contents News/Article Date: 1^st May, 2024 Relating to which Act: The Indian Constitution grants the Central and state governments the powers to enact laws to protect the employees and foster a professional work environment. Based on the industry, nature of the work, number of employees in the company, location, and more, there are various legislations like the Industrial Disputes Act 1947 (ID Act), Factories Act 1948 (Factories Act), and Shops and Establishment Acts in relevant states (S&E Act).  Applicable to which State: Acts and Rules are applicable to all States Type: Karma Global scaling up recruitment on other frontiers besides IT    Pertains to: Establishments and Employees in all types of Organizations    Relevance of this news: Karma Global since 2004 is backed by 25 years of prior experience since 1979 , operating on Pan India basis and Internationally in Americas and EMEA, helmed by Pratik Vaidya ,  is a leading giant in payroll management, compliance and governance, human resource services, professional employment staffing and on boarding, recruitment and talent acquisition, advisory and consultations thereby offering a plethora of services with quick turn-around solutions including in-house flagship AI/ML based tech solutions so as to help organizations of different types and stature to perform better in Human Resource ensuring Risk Management, Compliance and Governance across Environmental, Social and Corporate laws and grow bigger And in this instance - Karma Global is making an all-out effort to increase the potential of its own internal resources by scaling them up with added-on familiarization of its own AI tools such as WeProcess and WeChecked. And today it has held a large-scale training for its employees in order to bring them closer to the finer nuances of its wonder tool called WECHECKED. WECHECKED is all about automatic loading of vendor related documents for facing AI dominated 60% compliance audit while 40% audit is then physically done by the Specialist Auditors so as to evaluate the compliance level of each and every vendor working on the premises of the principal employer who are entrusted with non-core activities.

Subject: Quiet hiring is silently revolutionizing the workplace –

Karma Global makes moves to enhance the potential of its internal resources

Appended is the complete news item

'Quiet hiring' is silently revolutionising the workplace Karma Global is making an all out effort to increase the potential of its own internal resources by scaling them up with added on familiarization of its own AI tools such as WeProcess and WeChecked. And today it has held a large scale training for its employees in order to bring them closer to the finer nuances of its wonder tool called WECHECKED. WECHECKED is all about automatic loading of vendor related documents for facing AI dominated 60% compliance audit while 40% audit is then physically done by the Specialist Auditors so as to evaluate the compliance level of each and every vendor working on the premises of the principal employer who are entrusted with non core activities. Instead of constantly expanding the workforce through external hires, companies are increasingly focusing on upskilling and retraining the talent right under their noses, to meet evolving business needs, René Janssen writes. In today's fast-paced business environment, maintaining a steady headcount while simultaneously investing in the professional development of existing staff has become a concern for many organisations. Enter "quiet hiring" — a sign of the times that allows employers to bridge talent gaps while achieving both objectives. Quiet hiring is gaining traction as a strategic alternative to traditional recruitment methods. Instead of constantly expanding the workforce through external hires, companies are increasingly focusing on upskilling and retraining the talent right under their noses, to meet evolving business needs. By doing so, they not only maintain a stable headcount but also foster a culture of continuous learning and growth within their organisation. Just last year, Gartner listed quiet hiring as one of the top workforce predictions for 2023, underscoring its increasing importance. Unlike other buzzwords, quiet hiring appears here to stay and is perfectly positioned to disrupt conventional recruitment strategies. Potential sitting right in front of the bosses' noses The skills gap has been blown wide open, with AI playing a critical role in its expansion. AI is not just a desirable skill anymore; it has become indispensable for learning and career progression, and is sought after by most, if not all hiring teams. The past year has unveiled an increase in fire-and-rehire tactics, with numerous companies — including Google, TikTok and Grammarly — announcing staff layoffs, primarily to accommodate the next phase of an AI-skilled talent. These global waves of layoffs have left companies grappling with a bigger challenge: balancing workforce numbers while still investing in the growth of teams. Upskilling, seen as a strategic investment, offers a pathway for companies to not only weather the storm of layoffs but also to emerge stronger and more competitive in the long run. That's where upskilling comes in. Rather than viewing layoffs as the only solution to employee optimisation, management teams are recognizing the immense potential that lies within their existing talent pool. Upskilling, seen as a strategic investment, offers a pathway for companies to not only weather the storm of layoffs but also to emerge stronger and more competitive in the long run.