HRM Practices in Indian Consultancy Firms

Author:Pallvi Vadehraa*, R.C. Lala

Abstract:
Job consulting is a knowledge-intensive industry, in which human resources are considered to be the most important asset. This industry, which had been flourishing until recently, has attracted the interest of academia, private business, public authorities and even journalists. As a result, a broad range of issues related to this sector have been explored in detail. However, only a few contributions deal with personnel or Human Resource Management. There are two possible explanations for this lack. Due to its uniqueness and strategic importance, information about human resources has been treated by consulting firms with a great deal of confidentiality .This has been confirmed by our own experience. On the other hand, human resource management in consulting firms has just recently gained a more "explicit" and "formal" shape, thus, making it a subject of researchers' and consultants' interest. Therefore, the main intention of this paper is to provide an insight into those areas as yet barely touched on by delivering a specific and fairly concrete idea about the role and different facets of human resource management in Naukri.com, Monster.com and Timesjob.com consulting firms. It is mainly aimed at the potential clients and applicants of consultancies and, of course, at scholars looking for empirical evidence with regard to the topic. Further, we can imagine that this research could be a useful source for consulting firm management in a practice-oriented manner.

Keywords:Key Words: Job Consultancy Frim, Job Satisfaction, Performance Appraisal, Recruitment, Training, Job Seeker, Placement Agency.

DOI:

International Journal of Trade & Commerce (Vol: 1 Issue:2)