Nowadays, numerous business organizations are facing several issues. This includes talent crisis, Talent attrition, and skill shortages to name a few. Many companies feel that these present issues could be best solved by devising the best HR practices.
Flexibility is Key
The days where employees are expected to sit all day in an office desk are outdated. In a recent research conducted by the Society for Human Resource Management, it was revealed that 89 percent of HR professionals who made flexible work arrangements have achieved increased employee retention. The flexibility could include arrangements such as work-from-home, or work on a different schedule to accommodate personal matters. Since the Human Resources department is all about humans, it is important to constantly change for the employees so that they could in return be responsive to the company culture.
One of the most staple HR practices traditionally known to most organizations is the annual performance reviews. However, it appears that these annual evaluations are not anymore the best way to provide feedback to employees. Once a year feedback about the performance and progress of each employee lacks detail and clarity. It is best that they are given frequent feedback to remind them of their roles in tune with the company’s goals.
Talk to them about their position and how they can improve or maintain it. You can ask the managers to sit with their team at least every quarter to discuss performance, results, and objectives. This will not only make the managers get closer to their team but also to make their employees feel more involved with their work.
Training and Career Development
Training and career development is a win-win move for the company. Right now, more and more organizations are investing in training and development. More than 50 percent of HR managers believe that training and career development is important to the business. Employees also find it very important to acquire more skills and growth within an organization. Aside from financial motivators, 76 percent of employees want to have career progression.
Many reputable companies nowadays are embracing Human Resources software. According to The Starr Conspiracy Intelligence Unit, 53 percent of companies with 1,000 employees and above invested in HR automation in 2016. Because of automation in the department, tasks become less painful and less headache-inducing. As a result of automation, human resources has more free time to spend coming up with strategies to improve company’s leadership, recruiting top talents, training employees, and making sure that company culture is observed at all times.
This article brought to you by Meliora Technology.
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