Best Practice

Jan 15, 2010 (LBO) – Sri Lanka’s human resource (HR) practitioners will battle for ‘HRM Awards 2010’ which acknowledges and rewards best practices in the profession, to be held in May, an official said.

HRM Awards is organized by the Association of Human Resource Professionals (HRP), Sri Lanka and will be held for the fourth time.

“There is a big difference between successful companies and unsuccessful companies and big part of that difference is HR practices,” Isuru Tillakawardana, the association’s president said.

“That™s why that HR Awards started. We wanted to highlight best practices; we wanted to applaud such organizations that have best practices.

“At the same time we want the others to learn from them, emulate them and learn from their own organizations.”

The awards are expected to attract over 100 companies this year, its organizers said.

Hewitt Associates, an HR consulting company based in India, will shortlist the competition and prepare a detailed analysis to advise a panel of judges, the organizers said.

In the last HRM Awards held in 2007, Ceylon Tobacco Company, Commercial Bank, DFCC Bank, Hatton National Bank, HSBC, Sampath Bank, Sri Lankan A