Human Assets - Emphasizing Intangibles

5 HR heads share the details of the variety of activities introduced by their respective companies to focus on intangibles like motivation, mental health, recognition, transparency and more:

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Employee motivation plays a key role in the organization's success and finance companies have introduced several motivational and reward programs to improve employee motivational levels.

According to Pia Shome, Chief People Officer, U GRO Capital, motivation is an extremely personal subject. What can motivate one person may not motivate another, and this makes it difficult for organizations to create programs that can motivate all. "Having said that, my experience is that employees are most likely to be motivated by the quality of the work they get to learn and excel. That is the very genesis of why an employee joins an organization in the first place."

She explains her thinking: "At organizations like ours, where the pace of growth is very high, it is extremely important that our employees find a release of their energies and pressure in the workplace. It is important to establish that workplaces should be treated in entirety in an employee's life cycle and not just a place to work. With this in mind, organizations need to organize various initiatives that give a better sense of belonging to the employees."

South Indian Bank HR initiatives are aligned with its one core objective; to create a familial and nurturing environment that pushes employees to work with zeal and enthusiasm. Anto George T, Senior General Manager & Head HR at the bank gives an example: "Synergy is a unique participatory program that brings together our HR head and staff members across offices to strike direct conversations on challenges that they face at work and collectively discuss tactical solutions for each roadblock."

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