Human resources practices play a critical role in the success of a company. Developing practices that promote employee satisfaction, save the company money and keep you up to date with changes in your industry are vital to the success of the human resources department. Implementing best human resources practices helps you ensure that your company is prepared for whatever challenges lie ahead.
Human resources departments can’t successfully meet the changing needs of their companies if they’re unaware of changes and trends in the company and the industry. It’s important for HR leaders to maintain an open channel of communication, both formal and informal, with executives. ADP, a business outsourcing solutions provider, notes that organizations in which human resources executives play an active role experience a 15 percent higher satisfaction level with the HR function. Familiarity with the company’s strategic plan is essential for creating a human resources plan that details how you will provide staffing to meet projected requirements, manage cost containment of health insurance and other benefits or handle diversity issues.
Training is an important component in ensuring that your employees possess the skills and abilities to succeed. Rapid advances in technology quickly make employee skills out-of-date. Although training is expensive, a comprehensive and ongoing training program is the best way to ensure that your company can meet marketplace demands and successfully compete with other firms. Training is also an important part of your HR employees’ professional growth and development. The more they learn about human resources trends, industry changes and new systems, the better equipped your company will be to attract and retain quality employees.
When demands on the human resources department increase, it can be difficult to meet goals and focus on long-range planning. Consider outsourcing various aspects of HR that are a drain on employee time and don’t need to be performed in-house. Bersin and Associates notes that outsourcing allows the human resources department to focus on things that can be handled only in-house, such as developing solutions to meet the needs of business managers or building business relationships. Functions that can be outsourced include payroll, recruitment, benefits administration and training.
Employee Feedback and Evaluation
Providing feedback to employees can be uncomfortable for managers. It’s not unusual to encounter a manager who only lets employees know how well they’re performing at mandatory review time. Although being confronted with a list of failings isn’t the best way to motivate employees, managers might not understand how to make feedback part of their everyday dialogue with employees. An HR training program that covers effective communications with employees, explains how to mentor employees and discusses the importance of praise and rewards may help your company improve employee retention rates.
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