To be effective in HR, you can’t afford to stand still. You need to keep up with the latest trends, watch your competitors, and develop effective strategies for making the best hires and helping them succeed. And to do that, you need to be systematic and have clear priorities—especially if you’re part of small team.
On this webinar, we covered:
-Make SMART HR goals for 2018
-Improve recruiting KPIs through strategic programs
-Stay ahead of the curve with hot topics in HR for 2018
6. Introduction
|#HR2018
• HR drives employee experience
• EE is crucial in driving business forward
• Goals + priorities help HR achieve business goals
• What goals should you set in 2018?
• What can you do to actually hit those goals?
8. Making Your Goals SMART
Specific
Measureable
Achievable
Relevant
Time-based
|#HR2018
9. Specific
● Vague goals often go unmet since it’s
often unclear how to achieve them.
● Define exactly what the goals are & the
ways in which you plan to do so.
|#HR2018
EXAMPLE
Don’t just say you want to increase employee
retention, but rather that you want to increase it
by a certain percentage using X, Y, and Z
tactics.
10. Measurable
● Goal has to be measurable to understand your
own success
● Quantifying your goals makes it easier to
objectively evaluate performance.
EXAMPLE QUESTIONS TO ASK YOURSELF
● How many new hires do you want to bring on this
year?
● By what percentage are you going to reduce your
costs per hire?
● How much time will you save every month by
automating certain processes?
|#HR2018
11. Achievable
● Be realistic with the goals that you set.
● Stretch goals are important to challenge
yourself, but you don’t want to set yourself
up to fail.
● Make sure that your goals can be realistically
achieved through your action plan.
|#HR2018
12. Relevant
● You goals should align with a bigger objective that your
team or your business is trying to achieve
● Goals that aren’t aligned with broader business
objectives are a distraction that should almost certainly
be avoided.
● Make sure that you always set your goals within the
context of what the business is working towards.
|#HR2018
13. Time-based
● Establish a timeline for achieving each goal:
○ Monthly
○ Quarterly
○ Annually
● By making goals time-based, you can prioritize what to
focus on when, so you’ve got a clear path forward.
● Makes your goals precise so that you can accurately
assess whether or not you’ve achieved them.
|#HR2018
14. SMART Goals in Action
|
To put all of this into practice, let’s look at some basic
goals and how they can be turned into SMART goals.
#HR2018
15. |
Example Goal #1
BASIC:
Streamline the
recruiting
process
SMART:
Implement an applicant tracking
system by the end of Q2 to
streamline communication with
candidates and reducing the time to
fill roles by 25%
#HR2018
16. |
Example Goal #2
BASIC:
Modernize the
onboarding
process
SMART:
Implement an HRIS by Q1 to
modernize our current processes
with the goal of making the process
completely paperless, improving
both the employee and HR
administrator experience.
#HR2018
17. Example Goal #3
|
BASIC:
Boost employee
engagement.
SMART:
Develop and launch an employee
engagement program by the end of
the year that includes an
engagement survey, a rewards and
recognition component, and a lunch
and learn series to boost awareness
around key business initiatives.
Measure engagement before and
after and aim to increase scores by
30 percent.
#HR2018
18. |
Example Goal #4
BASIC:
Automate
payroll and
benefits
SMART:
Move all payroll and benefits
administration to an HRIS system by
the end of Q1; use the new platform
to enable better self-service and to
reduce overhead and expenses by
10 percent by the end of Q3.
#HR2018
20. Streamline the Hiring and Onboarding Processes
|
Filling a new position takes an average of 42
days and typically costs $4,129
Use an onboarding form checklist to ensure that
you’re capturing all of the necessary information
Welcome new hires in a team wide announcement
#HR2018
Invest in the right software
Automate tasks like sending out emails and
scheduling interviews.
22. Increase Acceptance Rates
|#HR2018
Average acceptance rate might be anywhere
between 62 and 89 percent
Add knockout questions to your application
questions.
Foster strong communication with candidates
Making sure your job postings are accurate and
comprehensive
24. Increase New Hire Retention
|#HR2018
38 percent of millennials (24-35) would leave
their jobs within 2 years, if given the choice.
Engage employees through performance reviews,
community events, and being transparent
Assess candidates for fit with company values
during interview
Align work-life balance expectations early on
Build a 30-60-90 day onboarding plan for all new
hires
25. Foster Diversity and Inclusion
|#HR2018
Gender diverse companies are 15% more likely
to financially outperform those that lack gender
diversity
Create a cross-departmental team of employees
who want to take on diversity initiatives (ERGs)
Companies with ethnic diversity financially
outperform those without it by 35%
Review job postings and application forms
27. Staying Goal-Oriented in 2018 and Beyond
As you think about your goal planning
for 2018, look for ways to make your
HR operations more streamlined and
effective, while creating better
experiences for your job applicants
and employees.
#HR2018 |
29. Powered by: JazzHR & Namely
#HR2018 |
The All-In-One HR Platform Your
Employees Will Love
HR • Payroll • Time • Benefits • Talent
hello@namely.com
@NamelyHR
Applicant Tracking for the Modern World
A scalable recruiting platform to help you
consistently make great hires.
hello@jazzhr.com
@JazzDotCo