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    Netsol Case Study

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    muazzamali533
    NetSol Technologies is a global IT solutions and services provider founded in 1995 that has over 1000 professionals providing consulting, application development, systems integration, and outsourcing services. The company established its HR department in 2000, separating it from admin. Faisal Bhatti joined as HR head 1 year and 3 months ago. He faces problems like high turnover rates previously of 18-20% due to a lack of promotion strategies, performance evaluations only twice per year, high workloads, and lack of appreciation for completing tasks on time. IT hiring compromises on attitude for skills, affecting employee satisfaction levels.

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    Netsol Case Study

    Uploaded by

    muazzamali533
    269 views2 pages
    NetSol Technologies is a global IT solutions and services provider founded in 1995 that has over 1000 professionals providing consulting, application development, systems integration, and outsourcing services. The company established its HR department in 2000, separating it from admin. Faisal Bhatti joined as HR head 1 year and 3 months ago. He faces problems like high turnover rates previously of 18-20% due to a lack of promotion strategies, performance evaluations only twice per year, high workloads, and lack of appreciation for completing tasks on time. IT hiring compromises on attitude for skills, affecting employee satisfaction levels.

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    Netsol Case Study (1)

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    NetSol Technologies is a global IT solutions and services provider founded in 1995 that has over 1000 professionals providing consulting, application development, systems integration, and outsourcing services. The company established its HR department in 2000, separating it from admin. Faisal Bhatti joined as HR head 1 year and 3 months ago. He faces problems like high turnover rates previously of 18-20% due to a lack of promotion strategies, performance evaluations only twice per year, high workloads, and lack of appreciation for completing tasks on time. IT hiring compromises on attitude for skills, affecting employee satisfaction levels.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    269 views2 pages

    Netsol Case Study

    Uploaded by

    muazzamali533
    NetSol Technologies is a global IT solutions and services provider founded in 1995 that has over 1000 professionals providing consulting, application development, systems integration, and outsourcing services. The company established its HR department in 2000, separating it from admin. Faisal Bhatti joined as HR head 1 year and 3 months ago. He faces problems like high turnover rates previously of 18-20% due to a lack of promotion strategies, performance evaluations only twice per year, high workloads, and lack of appreciation for completing tasks on time. IT hiring compromises on attitude for skills, affecting employee satisfaction levels.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Founded in 1995, NetSol Technologies (NASDAQ: NTWK and DIFX: NTWK) is a global

    provider of software solutions and IT services, ranging from consulting and application
    development to systems integration and outsourcing.
    Since its inception in 1995 NetSol has evolved as a leading global IT solutions and services
    provider catering to clients all over the world. For over a decade, NetSol Technologies' domain
    expertise in Financial Services, a team of over 1000 professionals, strategic presence in North
    America, UK/Europe and Asia Pacific
    Netsol help to create the right foundation that accurately meets the companys changing needs to help you maximize the return on investment. The main technological services that netsol offer
    include

    Systems

    Integration

    Technology

    Security

    Business

    Intelligence

    H.R.M department was established in 2000. Before that H.R and Admin department was
    combined. Policies were made by the both of the departments. Faisal bhatti joined the netsol as
    HR head about 1 year3 months ago.The selection of employee is by the interview and criminal
    background of applicant is not checked. The hiring is not too much costly for top management
    seats because they use internal hiring mostly. About two year ago the turnover rate is too high
    which is about 18-20%.
    No promotion strategy is used by net sol and the performance is evaluated twice a year of the
    employee. The work load is too high and if an employee completes its given task in a given time,
    he should not be appreciating by the management.
    In IT department only, demand is high supply is less (applicant are less and vacancies for IT are
    more) so when company finds a person according to the skills, which is required, and if the
    person has some attitude problem, Netsol compromises it and hire that person. They bear the
    person for their own benefits and sometime give them bonuses which affect the other employees
    behavior and satisfaction level. They give compensation to only to the IT department employees.

    The employee work hard for achieving organization goals and objectives but cant be
    appreciated and he lost hope and disheart from the behavior of organization and leave the job. So
    the turnover rate is too high because of their policies.
    Q1: What sorts of problem was faced by the new HR manager of Netsol?
    Q2: What would you do if you are a HR manager of Net sol?

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