The article below, entitled 'Can Bad Human Resource Practices Kill a Company?' may be one of the most important reads this week. If human resources departments are increasingly losing employees’ trust, companies may be at risk of losing one of their most precious assets - their people.
Human Resource practices such as 'stack ranking', which have been around for decades and are widely used in South Africa, are increasingly coming under fire. The merit-based scale may seem good in theory but if it is causing dissension, distrust and potentially unfair labour practices, perhaps it is time to re-think how to evaluate and manage the performance of employees.
The article focuses primarily on trends in the US and Ireland, but the HR practices in question are sure to impact on South African companies in much the same way. Is there a uniquely South African solution that could emerge? We would love to hear your thoughts.