The new age world, which has become part of our lives, is a world of rapid innovations and changing technologies. These changes bring new opportunities for organizations to exchange information, news, ideas, and work. Attracting and retaining best of employees has become the most crucial tactical problems for the people's department of companies all over the world. In the current scenario of high competition, the internet has substantially converted the features of recruitment and selection procedure of the businesses. The chapter presents an exploratory research on the impact of social media on recruitment in new age organizations.
Over the years, microfinance has assumed a great importance all over the world. The reason behind the increasing importance of microfinance in poverty alleviation is considered a prime objective in all developing and underdeveloped countries. Traditionally, MFIs did not have a defined HR policy or structure, since the size of the organization was always very small. The last few years have seen an upswing in the size of the organizations and also in the margins generated by MFIs. The purpose of this chapter is to analyze the human resource management issues and challenges faced in microfinance industry in India.
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