Human Resource Management Best Practices
Human Resource Management Best
Practices
HR plays a vital part in the success of a business and so is the
important department in any organization or business office. For
many years HR best practices have been controversial and
remained a hot topic to discuss among growing businesses.
Definition of HR Best Practices
It is a plan, principle, or idea that is accepted universally by
companies offering them the best business execution. This is
irrespective of which company, industry, or niche is it applied to.
However, we cannot generalize the best fit case for HR best
practices to any format but it is necessary to have a defined HR
Aims. This HR aims should revolve around a goal all the business
department is aligned to that razor-sharp goal. That’s how the
best HR Practice can help you build strategic human resource
management.
To support your Human resource department's concentration on
the business growth, we have compiled some of the best tried
and tested HR best Practices, that we follow in our business.
These practices will help you to see a future where you would
have increased employee engagement, improved retention in the
team, and much more. Excited? Let’s know more.
Difference Between the HR Practices And the HR Activities
TO optimize your human capital investment, both HR Best
practices and activities play a vital role together. You need to
understand first how these two different words have different
importance as well. When you combine both of them in a
strategic order, you can enjoy reaching your business goals.
Your Human resource head or an HR in the HR Department creates
the frameworks, rules, and regulations to give a direction to
manage the employees. These plans are in synchronization with
the companies’ executive plans. Some of the universal HR best
Practices include:
● Planning the best HR and setting the HR department goals
● Creating Plans that can manage the HR Department
workflows, and Setting up calculating parameters to find the
program's effectiveness. Designing diverse plans to enhance
the quality of workplaces.
● Formulating leadership programs and talent acquisition
ideas.
● Building motivation at the workplace strategies.
● Working with the team managers for structuring the
performance monitoring and assessment program.
● Setting up policies for employee advancement.
HR activities are the daily routine activities to apply the strategies
determined by HR practices. They allow the goals of the HR
department to be carried out. HR activities that maybe include:
● Payroll Surveys
● Selection and Recruitment
● Development and Training
● Compensation and Favors
● Relations of employee and labor
● Retention
● Security and health
● Employee attendance
● Overtime and bonuses
In a simple answer, HR practices try to identify business needs
and build plans around them and HR activities are responsible
for executing the plans that meet business goals.
The Top HR Best Practices
1.Directing A Happy Workspace - One of the best ways to keep
employees determined at the desk and in the office is to maintain
a safe, healthy, and happy atmosphere in the office. Creating an
environment like home which eventually makes an employee
dedicated as well to stay with the organization for a very long
time. They should also do surveys to capture their thoughts and
remarks regarding the office’s situation. You can consider adding
any printed forms or HR Software to run an anonymous employee
survey program to get feedback.
2.The Open Book Management Style - By open-book management,
we mean having a transparent business. Your organization must
share company updates with the employees as well. It makes a
confident statement that the workforce is as passionate about the
business as the management. This will motivate your employees
towards archiving business goals because they will have a long-
term vision as to where and for what they are working. This will
not only improve your business productivity but you will have the
least issues with challenges like employee
engagement and retention. You can prefer switching to some
tools like CuteHR that help you share business updates directly
on the dashboard.
3.Bonus Based On Employee Performance - Rewarding the
employees who have been creative and have been doing wonders
for the organization is a good way to keep them enthusiastic.
Bonuses must be assigned in such a way that employees
understand that there is no payout until the company reaches a
particular profit. Additional criteria could be the team’s success
and the individual’s performance. It also helps in keeping the
determined and dedicated employee back in the office.
4.The 360 Degree Performance Management Feedback System - This
system which demands feedback from peers, and juniors, has
been frequently adopted as the best feasible method for
collecting performance feedback. Every person on the team is
accountable for giving appropriate, constructive, and positive
feedback.
5.Neutral Evaluation System - Developing an evaluation system that
clearly links individual performance to corporate business goals
and significance. Every employee should have well-defined
reporting relationships. The employee ratings themselves should
be a part of the evaluation process as it empowers employees.
Evaluation becomes neutral if it is based on the achievements of
the employee, tracked over the year. For better objectivity,
besides the immediate boss, each employee should be
evaluated and judged by the next higher level as in the reviewer.
Cross-functional feedback, if obtained by the instant boss from
another manager (for whom this employee’s work is also
imperative), will add to the justice of the system.
6.Sharing Knowledge - To ensure that knowledge management
supports strategy, one should adopt a systematic approach. Store
and save knowledge in databases to provide better access to the
information posted before by the company or the employees on
the knowledge portals of the company. Whenever an employee
returns after attending any capabilities or skills development
program, sharing essential knowledge with others could
be made important and mandatory. New and innovative ideas
should also be posted on these knowledge-sharing platforms.
Anyways, how to maintain a knowledge base and how to store
data requires further and detailed plans.
7.Highlight Performers The best performance and employee
achievement must be kept prominent through the company
intranet, display boards, etc. It will give them a boost and
encourage others to put in their best, for creating a competitive
environment within the company.
8.Open House Discussions And Feedback - Well, Ideas rule the
world. The organizations that wish to create gigantic ideas and try
to execute their work on them. The employees play a vital role
in creating and discussing the idea, they are a great source. The
lack of planned and strategic mechanisms is the only thing that
stops great ideas to be implemented in your organization. Open
house discussions, employee-management meetings, suggestion
boxes, and tools such as Critical Incidents Diaries can help
identify and develop talent.
9.Rewards And Recognition - Working on recognizing talent may not
work, you need to couple it with public appreciation. Getting a
cash bonus is often less significant than listening to loud
applause from colleagues in a public.
10.Pleasure Employees With the Unexpected - In the end, you should
often delight your employees with unique things in the form of a
reward, a gift, or a certificate. Reward not only the top
performers but also a few others who need to be motivated to
display their best.
Conclusion
If a particular organization works potentially on the HR best
practices and effectively follows these principles, you could see
higher employee preservation and happier employees who
contribute their HR best practices of your corporation can be the
highlight of your business by implementing flexibility and training
within the HR department. Who knows, you may even end up on
Fortune magazine’s 100 Best Companies to Work For in a few
years. And for any other issues regarding business dealing or
partnership, you might need the assistance of a business law
attorney to safeguard your property.
To read the full blog, visit https://www.cutehr.io/hr-best-practices/
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