Friday 5 February 2016

Strategic HR

It is inconceivable to think of a successful organization without an effective Human Resource team in place. For any business entity to function smoothly, what it needs is a Human Resource team that can decision making in the realm of handling all the workforce related concerns. A strategic human resource team can help to align the business needs with the workforce and can ably deploy best practices ensuring operational harmony. Under the umbrella of HR Advisory Services, Strategic human resource covers the major share. The essential functions of a Strategic Human resource team are as follows:
  1. Manage workforce performances: The most important function of Human resource is to ensure that operations are not hindered by any reason. To redress grievances and develop employee friendly solutions are intrinsic to any Strategic HR team.
  2. Assess Modify or Create HR policies: It is essential that HR policies are in tune with the changing times in order to be relevant to the employees. In order to build trust among the workforce, a Strategic HR team develops HR policies in tandem with the employee culture.
  3. Compensation analysis: A Strategic HR team determines the justified salary of top level executives by analyzing the business needs and using the salary bench marking technique. This compensation analysis aids a company to take right decisions when hiring top level executives.
  4. Recruitment and Talent acquisition: To assist in the hiring process is one of the core functions of Human resources team. To get the right people for a form with the right attributes is a difficult task but a Strategic HR team is equipped with the right practices to do it effectively.

Business planning and capacity assessments: To understand the needs of an organization and plan for the requisites is the job of Strategic HR team. It also involves itself in regular capacity assessments among the workforce.

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