Best hr practices

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Top Ten HR Best Practices that can help you achieve your organizational goals every year

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Best hr practices

  1. 1. Human Resource Best Practices Top 10
  2. 2. Top 10 HR Best Practices that can help you achieve your organizational goals every year Copyright 2013 | Saigun Technologies Pvt. Ltd. 2
  3. 3. (in the form of a reward) 10. Delight Employees with the Unexpected Delight employees with unexpected things Top Performers Select Others (to motivate them) Gift Certificates
  4. 4. Copyright 2013 | Saigun Technologies Pvt. Ltd. 4 09. Rewards Recognizing Employee Talent 50/50 (may not work) Public Appreciation (Applause from colleagues) Employee Satisfaction Cash Bonus is less significant than Colleagues approval and applause Significance of Rewards
  5. 5. 08. Open House Discussions and Feedback Mechanisms Ideas rule the world Biggest source of ideas are the employees Ideas Lack of appropriate mechanism (to capture ideas) Appropriate mechanisms• Open-house discussion • Employee-management meets • Suggestion boxes • Critical Incident Diaries (and other tools)
  6. 6. Company Intranet Make them visible Copyright 2013 | Saigun Technologies Pvt. Ltd. 6 07. Highlight Performers Profiles of Top Performers Top Performer Display Boards Top Performer Encourages others to put in their best Competitive Company Environment
  7. 7. 06. Knowledge Sharing Systematic Knowledge Management that supports Strategy Knowledge Database Essential knowledge from skill development programs Innovative ideas implemented in the workplace Information from the employees Information from the company Share the knowledge with other Employees and Managers
  8. 8. Copyright 2013 | Saigun Technologies Pvt. Ltd. 8 05. Fair Evaluation System Fair Evaluation System where performance and goals are linked Individual Performance Organizational Goals Self-Evaluation System Based on Achievements Tracked over the year “Reviewer” participation (immediate manager’s manager) Cross-functional feedback (evaluation by a second manager for whom the employees work matters)
  9. 9. 04. 360 Degree Performance Management Feedback System 360° Evaluation Seniors Subordinates Peers
  10. 10. Copyright 2013 | Saigun Technologies Pvt. Ltd. 10 03. Performance Linked Bonuses Fixed Bonus + Variable Bonus Employee Incentive Disillusionment Based on how it is Administered Communicated Design Bonuses so that Employees understand No payout unless company has X-level of profitability Additional Criteria: • Team’s performance • Individual performance
  11. 11. Employee Personal Data Sales Management Objectives New Clients Company Policies Contracts 02. Open Book Management Style Share information about Ensures employee enthusiasm towards business Creates interests in strategic decision, thus aligning them to your business objective Tools available: • Employee Self-service portal • Manager on-line
  12. 12. Copyright 2013 | Saigun Technologies Pvt. Ltd. 12 01. Safe, Healthy and Happy Workplace Create a safe, healthy and happy workplace Employees feel at home and stay for a very long time Capture their thoughts through frequent employee surveys
  13. 13. Thank You Copyright 2013 | Saigun Technologies Pvt. Ltd. www.empxtrack.com

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