This document summarizes the author's experience as an HR consultant and former VP of HR. It discusses how the author helps clients maximize their HR efforts by analyzing costs, increasing efficiency, gathering data, and evaluating initiatives. It also provides an example of how the author reinvented a food manufacturing company as VP of HR by questioning everything, restructuring, and engaging employees to accomplish major projects quickly during a transition period.
This document discusses employee performance and incentives. It begins with an introduction that defines performance as actions or behaviors relevant to organizational objectives. It notes that employees must be motivated to perform at their best. The purpose is to learn about improving employee performance through monetary incentives. Key questions are asked about what incentives are, why improving them is important, and how to do so. It is explained that incentives attract, retain, and motivate talent. Improving incentives keeps employees motivated and productive. Ways to do so include easy-to-understand plans aligned with company goals and attractive benefits. Research found various incentive types like salary, bonuses, commissions, and merit pay. Conclusions are that incentives positively impact performance by satisfying employees and creating a better
The document is a resume for Karen DeLavan, who has 30 years of experience in human resources. She has held roles as a strategic HR business partner, generalist, and recruiter. She has expertise in areas such as talent management, performance management, training, and ensuring regulatory compliance.
FINAL StrategicHrm MRP REPORT BY RAVI GOELRavi Goel
The document is a project report on strategic human resource management. It includes an acknowledgement section thanking various professors and industry professionals for their guidance and assistance. The index lists 6 chapters that make up the body of the report, covering topics like SHRM at specific companies Nestle and NTPC, analyses and conclusions. Introduction chapter defines strategic HRM and discusses its importance and key aspects like recruitment, training, performance management, compensation and benefits.
This document discusses trends in compensation management. It reviews new trends, common compensation offerings, and the future of compensation. Understanding compensation is key to understanding compensation management. Compensation policies are driven by a company's philosophy of how best to compensate employees. Compensation management aims to compensate employees for their services through payments like salaries and benefits. Emerging trends include evaluating market competitiveness, emphasizing total rewards statements, linking compensation to strategic goals, and refocusing on pay-for-performance. Compensation packages are also expanding to include perks focusing on work-life balance, wellness initiatives, incentive-based pay, and flexibility.
This document discusses employee retention in organizations. It defines employee retention as measures taken to encourage employees to remain with an organization for as long as possible. Retaining key employees is important for long-term organizational success as it ensures customer satisfaction, productivity, and preservation of institutional knowledge. The document outlines some of the challenges of employee retention, such as the costs of replacing employees and the competitive job market. It stresses the importance of identifying employees' needs and developing tailored retention strategies to keep talented workers.
The document provides 10 strategies for HR leaders to guide their businesses through economic recovery. The strategies include: protecting businesses from increased government regulation; improving employee communication; maximizing training resources; reducing operating expenses such as by rightsizing carefully; mitigating rising employment risks; using incentive plans to boost productivity; providing support for employees; upgrading the workforce; capitalizing on new opportunities from economic shifts; and focusing on profit-generating activities by outsourcing HR functions. Examples are given from various companies that have successfully implemented these strategies with assistance from Administaff.
This document is a student project on the topic of employee retention. It includes a title page with the student's name and college information. It then has sections on the importance of employee retention, key factors in retention like compensation, growth opportunities, support, and relationships. It discusses retention strategies, myths, benefits of attrition, and success mantras. Later sections cover employee turnover, engagement, empowerment, and how to manage retention specifically for different industries and situations.
This document discusses employee performance and incentives. It begins with an introduction that defines performance as actions or behaviors relevant to organizational objectives. It notes that employees must be motivated to perform at their best. The purpose is to learn about improving employee performance through monetary incentives. Key questions are asked about what incentives are, why improving them is important, and how to do so. It is explained that incentives attract, retain, and motivate talent. Improving incentives keeps employees motivated and productive. Ways to do so include easy-to-understand plans aligned with company goals and attractive benefits. Research found various incentive types like salary, bonuses, commissions, and merit pay. Conclusions are that incentives positively impact performance by satisfying employees and creating a better
The document is a resume for Karen DeLavan, who has 30 years of experience in human resources. She has held roles as a strategic HR business partner, generalist, and recruiter. She has expertise in areas such as talent management, performance management, training, and ensuring regulatory compliance.
FINAL StrategicHrm MRP REPORT BY RAVI GOELRavi Goel
The document is a project report on strategic human resource management. It includes an acknowledgement section thanking various professors and industry professionals for their guidance and assistance. The index lists 6 chapters that make up the body of the report, covering topics like SHRM at specific companies Nestle and NTPC, analyses and conclusions. Introduction chapter defines strategic HRM and discusses its importance and key aspects like recruitment, training, performance management, compensation and benefits.
This document discusses trends in compensation management. It reviews new trends, common compensation offerings, and the future of compensation. Understanding compensation is key to understanding compensation management. Compensation policies are driven by a company's philosophy of how best to compensate employees. Compensation management aims to compensate employees for their services through payments like salaries and benefits. Emerging trends include evaluating market competitiveness, emphasizing total rewards statements, linking compensation to strategic goals, and refocusing on pay-for-performance. Compensation packages are also expanding to include perks focusing on work-life balance, wellness initiatives, incentive-based pay, and flexibility.
This document discusses employee retention in organizations. It defines employee retention as measures taken to encourage employees to remain with an organization for as long as possible. Retaining key employees is important for long-term organizational success as it ensures customer satisfaction, productivity, and preservation of institutional knowledge. The document outlines some of the challenges of employee retention, such as the costs of replacing employees and the competitive job market. It stresses the importance of identifying employees' needs and developing tailored retention strategies to keep talented workers.
The document provides 10 strategies for HR leaders to guide their businesses through economic recovery. The strategies include: protecting businesses from increased government regulation; improving employee communication; maximizing training resources; reducing operating expenses such as by rightsizing carefully; mitigating rising employment risks; using incentive plans to boost productivity; providing support for employees; upgrading the workforce; capitalizing on new opportunities from economic shifts; and focusing on profit-generating activities by outsourcing HR functions. Examples are given from various companies that have successfully implemented these strategies with assistance from Administaff.
This document is a student project on the topic of employee retention. It includes a title page with the student's name and college information. It then has sections on the importance of employee retention, key factors in retention like compensation, growth opportunities, support, and relationships. It discusses retention strategies, myths, benefits of attrition, and success mantras. Later sections cover employee turnover, engagement, empowerment, and how to manage retention specifically for different industries and situations.
This document discusses employee management and engagement. It defines employee engagement as the commitment that employees feel toward their organization's goals and values. Highly engaged employees care about their company's success and regularly go above and beyond in their work. The document then discusses how Food Fiesta, a sweets and biscuits producer, engages its employees through recognition programs, developing personal relationships, increasing responsibility, training and skills development, feedback, and transparency. Barriers to engagement like lack of leadership and unimplemented ideas are also covered. Finally, the document outlines steps to promote engagement, such as clear goals, feedback, and development opportunities.
Christopher Anderson Vice President Human ResourcesJerome Matthews
Accomplished HR leader with over 20 years of experience in billion dollar Global Medical Device and Pharmaceutical companies with increasingly responsible roles and a proven track record of exceeding business goals and objectives.
Experienced in initiating and managing culture transformation with the focus of improving the bottom line. Takes pride in the ability to create and establish human resources strategy and vision linked to the business to create long term value. Strong reputation in the market as a leader who hires, develops, manages and inspires excellent teams.
The document discusses employee retention and engagement. It defines employee engagement as the level of commitment and involvement an employee has towards their organization and its values. Measuring current engagement levels through surveys is important, as is identifying problem areas, creating action plans to address issues, and taking action to improve engagement. Engaged employees are more productive, committed, and less likely to leave. Consultant reports show engagement links to higher performance, productivity, customer satisfaction and financial outcomes. Various techniques can improve engagement, like action teams, storytelling and appreciative inquiry. Regular measurement is important to track engagement over time.
This document discusses human resource management considerations for small and medium enterprises. It outlines typical HR challenges SMEs face, such as centralized decision making and high dependency on existing resources. It emphasizes that the CEO plays a key role in HR. The document also provides tips for SMEs in areas like organizational design, hiring, performance measurement, and training. It introduces Husys, an HR consulting firm that provides outsourced HR services to help SMEs address their people management needs.
The document discusses several topics related to human resources and organizational strategy. It first discusses determining a company's health and wellness needs through assessing organizational needs. It then discusses strategic goals and how an HR strategy should aim to ensure the organization has the right people, skills, attitudes and employee development. The document also discusses the importance of integrating the HR strategy with broader organizational objectives and gaining organizational acceptance of the strategy.
This document provides an acknowledgement and overview of a project conducted at Bajaj Allianz Life Insurance Company. It thanks various individuals who provided guidance and support. It outlines the objectives of better understanding attrition causes to help with employee retention. It also aims to evaluate current retention measures and identify opportunities for improvement. The executive summary notes that a focus on retention is important given costs of replacement and impacts to productivity. It indicates the company is working to understand attrition causes to enhance management in that area and help with employee retention.
Employee engagement an emerging concept (1)Himanshu Tomar
This document discusses employee engagement as an emerging concept. It defines employee engagement and reviews factors that lead to engagement, such as career development, empowerment, fair treatment, and job satisfaction. Recent trends in engagement include addressing skills gaps, providing integrated experiences for employees, and focusing on employee happiness and growth. Ideas to increase engagement include assigning company values to employees, encouraging personal projects, assigning mentors for new employees, providing needed resources, and displaying team photos. The document concludes that employee engagement is important for employee and organizational growth.
The document discusses corporate wellness and its benefits. It defines corporate wellness as actions employers take to demonstrate care for employee wellness and promote healthy behaviors. The history of corporate wellness is explored dating back to the late 19th century. Benefits of corporate wellness programs are outlined, including increased productivity, employee retention, and cost savings. The presentation concludes by emphasizing that investing in employee wellness leads to business advantages like competitive advantage and healthy profits.
Employee engagement adds value to any organization. It can make a difference to the individual employee as well as the business as a whole. HR has a significant role in promoting the linkages between the company’s leadership, objectives, and employees. In these slides, we discuss HR’s role in employee engagement.
Human Resources Planning And Talent ManagementrKalema
The document discusses strategies for effective employee retention. It begins by defining employee retention and explaining why employees leave organizations, such as lack of recognition, opportunities, or competitive compensation. Retaining employees is important as turnover is costly, including termination expenses, hiring and training replacements, and lost productivity. Effective communication is key to retention as it builds trust, shares knowledge, and makes employees feel involved and connected. The document then outlines strategies for retention such as integration, open communication, rewards, work-life balance, company culture and commitment, a sense of belonging, and competitive remuneration.
This document discusses employee engagement and its importance for organizational success. It makes three key points:
1. Employee engagement has a direct correlation with improved financial results, customer satisfaction, productivity, and employee retention. It is a vital element for organizational survival.
2. There are three levels of employee engagement - actively disengaged, not engaged, and actively engaged. Actively engaged employees are strongly aligned with organizational goals and care about the company's success.
3. Establishing true employee engagement requires a comprehensive, strategic approach that creates lasting positive results. It encourages productive, dedicated employees who are invested in the company's success.
Supervisors play a key role in employee retention through ensuring job satisfaction across compensation, opportunities, recognition, and work environment (CORE) elements. While turnover is often viewed as an HR issue, research shows an employee's relationship with their supervisor most impacts retention, as supervisors control CORE factors. To improve retention, organizations need performance management systems that reward supervisors for reducing turnover. Supervisors must understand the steps they can take to fulfill their responsibility in boosting employee job satisfaction and retention.
Strategic total rewards management remuneration and rewards summit 11 june 2014Charles Cotter, PhD
The document outlines the agenda and content for the first day of the Smart-Link Consultancy Remuneration and Rewards Summit 2014. The day will include workshops on strategic total rewards management, utilizing rewards to attract and retain talent, engaging and motivating employees, and benchmarking rewards programs. Specific topics that will be covered include rewards strategies, compensation practices, performance management, and employee motivation. The goal is to help organizations develop effective and aligned total rewards programs.
Nestlé began in the 19th century as a nutrition company developing infant formula. It has since expanded its product lines significantly through mergers and research to include chocolate, coffee, and other foods and beverages. Nestlé established operations in Pakistan in 1988 through an acquisition. It follows a flat, matrix organizational structure with functional departments divided by both function and product. Key human resource departments include Shared Services, which handles payroll and benefits administration, the Centre of Expertise for recruiting, training, and compensation, and Business Partners who link HR to other departments. Training programs aim to enhance employee skills and competencies through both formal sessions and on-the-job learning. Compensation is benchmarked against competitors to be competitive and reward performance.
The Employee Engagement Handbook | WorkStrideWorkStride
Learn how creating a positive employee experience can help increase engagement, retention, and productivity. In this guide, we’ll go over five areas to focus on in order to create a positive employee experience: employee engagement, learning and development, company culture, workplace environment, and tools and technology.
Effectively engaging your employees can dramatically improve morale and increase workforce productivity, resulting in profit growth up to three times faster. But how do you effectively engage them in a cost-effective, timely manner that aligns to your organization and doesn’t add burden? Join experts from SAP Education and ANCILE Solutions Inc. to hear about the latest trends in employee engagement and how you can devise a successful strategy to keep your workforce always informed, aligned, engaged and productive.
You’ll also learn about a new cloud-based, mobile corporate communication solution that enables you to rapidly communicate key information and confirm receipt and comprehension. You’ll see how SAP Education uses this new solution and how it can help you:
Streamline communications with real-time information and accountability.
Engage employees in campaigns and “drip” messages to them to enable their work.
Analyze workforce compliance with objective data to assess receipt and grasp of messages.
HRM dimensions to employee relations - industrial relations - Manu Melwin Joymanumelwin
Traditional industrial relations focused on conflict between management and workers, while emerging employee relations emphasizes cooperation. The new economic environment requires companies to follow human resource development and welfare policies to have healthy employee relations. This presentation will outline the differences between traditional industrial relations centered on conflict versus the emerging model of employee relations that focuses on cooperation between employers and workers.
This document provides an introduction to the study, outlining its objectives and significance. The study aims to explore the main factors that contribute to employee retention in the private sector in Kuwait. Specifically, it seeks to investigate the types of benefits, organizational strategies, and cultural issues that most impact retention. It also examines employees' future plans and how they relate to retention. The introduction establishes the importance of retention to organizational success and discusses challenges such as information asymmetry, agency costs, and motivational styles that can negatively impact retention. It sets up the problem statement around a lack of research on retention factors in the Middle East Gulf region context.
Employee engagement involves committing employees to an organization's business goals and values. It starts with managers clearly sharing business information and seeking employee input to improve the business. Engaged employees are fully committed to the organization's success. Engagement boosts business outcomes like higher service levels, safer workplaces, and lower turnover. Factors that boost engagement include achievement, camaraderie among coworkers, and fair treatment. Benefits of engagement include higher performance, innovation, advocacy, and lower absenteeism. The study aims to evaluate engagement practices at a software company and understand how to increase engagement.
The document provides an overview of various topics related to human resource management including the HRM cycle and model, HR challenges, strategic HRM, human resource information systems (HRIS), employee handbooks, and organizational development. It discusses the outputs of quality of work life, productivity, and readiness for change. It also summarizes HR challenges such as acquisition, managing change, attrition, work-life balance, and globalization.
Anita M. Dickey has over 20 years of experience in human resources. She has held senior HR leadership roles at several large companies, including Westar Energy and the City of Olathe. Her experience includes benefits and payroll management, wellness program administration, employee relations, and strategic planning. She is skilled in areas such as legislative compliance, HRIS operations, and union negotiations.
This document discusses employee management and engagement. It defines employee engagement as the commitment that employees feel toward their organization's goals and values. Highly engaged employees care about their company's success and regularly go above and beyond in their work. The document then discusses how Food Fiesta, a sweets and biscuits producer, engages its employees through recognition programs, developing personal relationships, increasing responsibility, training and skills development, feedback, and transparency. Barriers to engagement like lack of leadership and unimplemented ideas are also covered. Finally, the document outlines steps to promote engagement, such as clear goals, feedback, and development opportunities.
Christopher Anderson Vice President Human ResourcesJerome Matthews
Accomplished HR leader with over 20 years of experience in billion dollar Global Medical Device and Pharmaceutical companies with increasingly responsible roles and a proven track record of exceeding business goals and objectives.
Experienced in initiating and managing culture transformation with the focus of improving the bottom line. Takes pride in the ability to create and establish human resources strategy and vision linked to the business to create long term value. Strong reputation in the market as a leader who hires, develops, manages and inspires excellent teams.
The document discusses employee retention and engagement. It defines employee engagement as the level of commitment and involvement an employee has towards their organization and its values. Measuring current engagement levels through surveys is important, as is identifying problem areas, creating action plans to address issues, and taking action to improve engagement. Engaged employees are more productive, committed, and less likely to leave. Consultant reports show engagement links to higher performance, productivity, customer satisfaction and financial outcomes. Various techniques can improve engagement, like action teams, storytelling and appreciative inquiry. Regular measurement is important to track engagement over time.
This document discusses human resource management considerations for small and medium enterprises. It outlines typical HR challenges SMEs face, such as centralized decision making and high dependency on existing resources. It emphasizes that the CEO plays a key role in HR. The document also provides tips for SMEs in areas like organizational design, hiring, performance measurement, and training. It introduces Husys, an HR consulting firm that provides outsourced HR services to help SMEs address their people management needs.
The document discusses several topics related to human resources and organizational strategy. It first discusses determining a company's health and wellness needs through assessing organizational needs. It then discusses strategic goals and how an HR strategy should aim to ensure the organization has the right people, skills, attitudes and employee development. The document also discusses the importance of integrating the HR strategy with broader organizational objectives and gaining organizational acceptance of the strategy.
This document provides an acknowledgement and overview of a project conducted at Bajaj Allianz Life Insurance Company. It thanks various individuals who provided guidance and support. It outlines the objectives of better understanding attrition causes to help with employee retention. It also aims to evaluate current retention measures and identify opportunities for improvement. The executive summary notes that a focus on retention is important given costs of replacement and impacts to productivity. It indicates the company is working to understand attrition causes to enhance management in that area and help with employee retention.
Employee engagement an emerging concept (1)Himanshu Tomar
This document discusses employee engagement as an emerging concept. It defines employee engagement and reviews factors that lead to engagement, such as career development, empowerment, fair treatment, and job satisfaction. Recent trends in engagement include addressing skills gaps, providing integrated experiences for employees, and focusing on employee happiness and growth. Ideas to increase engagement include assigning company values to employees, encouraging personal projects, assigning mentors for new employees, providing needed resources, and displaying team photos. The document concludes that employee engagement is important for employee and organizational growth.
The document discusses corporate wellness and its benefits. It defines corporate wellness as actions employers take to demonstrate care for employee wellness and promote healthy behaviors. The history of corporate wellness is explored dating back to the late 19th century. Benefits of corporate wellness programs are outlined, including increased productivity, employee retention, and cost savings. The presentation concludes by emphasizing that investing in employee wellness leads to business advantages like competitive advantage and healthy profits.
Employee engagement adds value to any organization. It can make a difference to the individual employee as well as the business as a whole. HR has a significant role in promoting the linkages between the company’s leadership, objectives, and employees. In these slides, we discuss HR’s role in employee engagement.
Human Resources Planning And Talent ManagementrKalema
The document discusses strategies for effective employee retention. It begins by defining employee retention and explaining why employees leave organizations, such as lack of recognition, opportunities, or competitive compensation. Retaining employees is important as turnover is costly, including termination expenses, hiring and training replacements, and lost productivity. Effective communication is key to retention as it builds trust, shares knowledge, and makes employees feel involved and connected. The document then outlines strategies for retention such as integration, open communication, rewards, work-life balance, company culture and commitment, a sense of belonging, and competitive remuneration.
This document discusses employee engagement and its importance for organizational success. It makes three key points:
1. Employee engagement has a direct correlation with improved financial results, customer satisfaction, productivity, and employee retention. It is a vital element for organizational survival.
2. There are three levels of employee engagement - actively disengaged, not engaged, and actively engaged. Actively engaged employees are strongly aligned with organizational goals and care about the company's success.
3. Establishing true employee engagement requires a comprehensive, strategic approach that creates lasting positive results. It encourages productive, dedicated employees who are invested in the company's success.
Supervisors play a key role in employee retention through ensuring job satisfaction across compensation, opportunities, recognition, and work environment (CORE) elements. While turnover is often viewed as an HR issue, research shows an employee's relationship with their supervisor most impacts retention, as supervisors control CORE factors. To improve retention, organizations need performance management systems that reward supervisors for reducing turnover. Supervisors must understand the steps they can take to fulfill their responsibility in boosting employee job satisfaction and retention.
Strategic total rewards management remuneration and rewards summit 11 june 2014Charles Cotter, PhD
The document outlines the agenda and content for the first day of the Smart-Link Consultancy Remuneration and Rewards Summit 2014. The day will include workshops on strategic total rewards management, utilizing rewards to attract and retain talent, engaging and motivating employees, and benchmarking rewards programs. Specific topics that will be covered include rewards strategies, compensation practices, performance management, and employee motivation. The goal is to help organizations develop effective and aligned total rewards programs.
Nestlé began in the 19th century as a nutrition company developing infant formula. It has since expanded its product lines significantly through mergers and research to include chocolate, coffee, and other foods and beverages. Nestlé established operations in Pakistan in 1988 through an acquisition. It follows a flat, matrix organizational structure with functional departments divided by both function and product. Key human resource departments include Shared Services, which handles payroll and benefits administration, the Centre of Expertise for recruiting, training, and compensation, and Business Partners who link HR to other departments. Training programs aim to enhance employee skills and competencies through both formal sessions and on-the-job learning. Compensation is benchmarked against competitors to be competitive and reward performance.
The Employee Engagement Handbook | WorkStrideWorkStride
Learn how creating a positive employee experience can help increase engagement, retention, and productivity. In this guide, we’ll go over five areas to focus on in order to create a positive employee experience: employee engagement, learning and development, company culture, workplace environment, and tools and technology.
Effectively engaging your employees can dramatically improve morale and increase workforce productivity, resulting in profit growth up to three times faster. But how do you effectively engage them in a cost-effective, timely manner that aligns to your organization and doesn’t add burden? Join experts from SAP Education and ANCILE Solutions Inc. to hear about the latest trends in employee engagement and how you can devise a successful strategy to keep your workforce always informed, aligned, engaged and productive.
You’ll also learn about a new cloud-based, mobile corporate communication solution that enables you to rapidly communicate key information and confirm receipt and comprehension. You’ll see how SAP Education uses this new solution and how it can help you:
Streamline communications with real-time information and accountability.
Engage employees in campaigns and “drip” messages to them to enable their work.
Analyze workforce compliance with objective data to assess receipt and grasp of messages.
HRM dimensions to employee relations - industrial relations - Manu Melwin Joymanumelwin
Traditional industrial relations focused on conflict between management and workers, while emerging employee relations emphasizes cooperation. The new economic environment requires companies to follow human resource development and welfare policies to have healthy employee relations. This presentation will outline the differences between traditional industrial relations centered on conflict versus the emerging model of employee relations that focuses on cooperation between employers and workers.
This document provides an introduction to the study, outlining its objectives and significance. The study aims to explore the main factors that contribute to employee retention in the private sector in Kuwait. Specifically, it seeks to investigate the types of benefits, organizational strategies, and cultural issues that most impact retention. It also examines employees' future plans and how they relate to retention. The introduction establishes the importance of retention to organizational success and discusses challenges such as information asymmetry, agency costs, and motivational styles that can negatively impact retention. It sets up the problem statement around a lack of research on retention factors in the Middle East Gulf region context.
Employee engagement involves committing employees to an organization's business goals and values. It starts with managers clearly sharing business information and seeking employee input to improve the business. Engaged employees are fully committed to the organization's success. Engagement boosts business outcomes like higher service levels, safer workplaces, and lower turnover. Factors that boost engagement include achievement, camaraderie among coworkers, and fair treatment. Benefits of engagement include higher performance, innovation, advocacy, and lower absenteeism. The study aims to evaluate engagement practices at a software company and understand how to increase engagement.
The document provides an overview of various topics related to human resource management including the HRM cycle and model, HR challenges, strategic HRM, human resource information systems (HRIS), employee handbooks, and organizational development. It discusses the outputs of quality of work life, productivity, and readiness for change. It also summarizes HR challenges such as acquisition, managing change, attrition, work-life balance, and globalization.
Anita M. Dickey has over 20 years of experience in human resources. She has held senior HR leadership roles at several large companies, including Westar Energy and the City of Olathe. Her experience includes benefits and payroll management, wellness program administration, employee relations, and strategic planning. She is skilled in areas such as legislative compliance, HRIS operations, and union negotiations.
Attrition control and retention strategies for changing timesPranav Kumar Ojha
The document discusses attrition control and retention strategies for changing times. It identifies common reasons for employee attrition such as money, career growth opportunities, and stressful work environments. The document recommends conducting exit interviews and surveys to understand attrition causes. It then provides 14 retention tools for changing times, such as offering competitive compensation and benefits, training managers, establishing clear career paths, implementing employee engagement practices, and fostering a fun work culture. The conclusion emphasizes the importance of effective human resource management practices and policies to control attrition and enhance employee retention.
6 Ways to change human resources in the millennial ageConduent
Work is changing faster than ever before. HR professionals know and live this every day. The head-on collision of digitization, disruptive business models, technology advances and powerful socio-economic forces are transforming every company in every market. Here's how to adapt and thrive.
6 Ways to change human resources in the millennial ageAlan Robinson
The document discusses six imperatives for HR to engage changing workforces: 1) Align employee and business goals; 2) Integrate health, wealth and career views of employees; 3) Analyze data to improve decisions; 4) Engage employees as active participants; 5) Personalize programs and communications; 6) Streamline HR processes to focus on strategic priorities. HR must change to address new employee expectations around work flexibility and integration of work and personal lives.
Attrition Control and Retention Strategies for Changing times.pptAshrafUC1
The document discusses attrition control and retention strategies for changing times. It begins by outlining common reasons why employees leave such as money, stress, lack of career growth, and problems with management. To address attrition, the document recommends conducting exit interviews and surveys to understand reasons for resignations. It then provides various retention tools like offering competitive compensation and benefits, training managers, establishing career paths, implementing employee engagement practices, and fostering a fun work culture. The conclusion emphasizes the importance of effective human resource practices and policies to retain employees.
1) Talent management has evolved from personnel departments to strategic HR and now focuses on continuously developing and managing an organization's talent pipeline.
2) It involves integrating recruiting, performance management, learning and development, succession planning, and compensation to align them with business goals.
3) Developing a talent management strategy requires integrating existing HR functions, using competency management, and maturing software solutions to link all talent processes.
1) Talent management has evolved from personnel departments to strategic HR and now focuses on continuously developing and managing an organization's talent pipeline.
2) It involves integrating recruiting, performance management, learning, succession planning, and other processes to ensure an organization has the right people with the right skills.
3) Implementing a talent management strategy requires integrating HR functions, using competency frameworks, and maturing software solutions.
Current trends in human resource management include dealing with the effects of globalization, workforce diversity, changing skill requirements, corporate downsizing, continuous improvement initiatives, and more. HR must prepare for these changes by training managers and employees to recognize and value diversity; communicate changing skill needs; minimize the negative effects of downsizing; prepare individuals for organizational changes; offer retraining during reengineering; and support employee involvement through training and leadership. Addressing these trends allows HR to help organizations adapt to a rapidly changing world of work.
This document presents a proposal to strengthen employee engagement and involvement at Raspberry Pi Foundation. It defines engagement as commitment to organizational values and discretionary effort, while involvement refers to identifying with one's job role. The organization should focus on constantly communicating its mission and values to involve employees, and improving relationships between managers and employees through feedback mechanisms. This will increase employee satisfaction, commitment, and performance. Strategies for career development and compensation can further boost engagement. Engaged employees are more productive, loyal, and cooperative, which benefits the organization. The proposal recommends ongoing assessment and refinement of engagement strategies.
The document discusses retention management efforts in the Malaysian banking industry from the viewpoint of human resource personnel. It aims to understand the retention efforts done by banks, their effectiveness in reducing turnover, and preferred retention strategies. Key findings include that financial benefits and career growth opportunities influence staff retention, while loyalty and pride in the organization are moderate. Banks implement various retention plans but their execution and fair treatment of all staff can be improved. Recommendations include revising employee benefits, investing in training and career development, and gaining management commitment to retention goals.
MAC Calcano believes in organizational change through acquiring and developing talent. They have led human resources efforts at several companies to broaden talent pools and shift resources quickly. However, changes in company leadership and strategic direction led to their departure from some roles. Calcano has 20 years of international experience in human resources and leadership positions across various industries.
The document provides an overview of Eo1 Solutions Corporation, a shared services provider founded in 2001 that offers services including human resources, financial, marketing, business development, and consulting services. It focuses on providing customized, holistic solutions to its clients across various industries such as healthcare, telecommunications, and real estate. The document outlines Eo1's mission and target markets, and describes its "360 approach" and suite of human services solutions that allow clients to outsource various business functions to minimize costs and maximize value.
BIZGrowth Strategies - Back to Basics Special EditionCBIZ, Inc.
Amid the increasing complexity of today’s business landscape, it can be of great benefit to shut out the noise and simply get back to the basics. Summer offers the rare opportunity for organizations to slow down and sweat the small stuff.
In this issue, our experts address seven key topics intended to help leaders guide their teams to stability and refocus on the foundational elements of success, including:
- Talent Management 101: How to Attract & Retain Great Employees
- Exploring the What, Why & How Behind the Employee Experience
- The Shifting Normal: 3 Ways Leaders Can Embrace Change & Conquer Challenge
- What is Financial Wellbeing & Why Should Employers Care?
- D&O Insurance Application Basics to Protect Your Leaders
- Your Life Insurance Policy May Be One of Your Biggest Assets
- Understanding Labor Law Poster Compliance
This document discusses the relationship between employer value proposition and employee value proposition. It states that EVP and EVP are interdependent and must be properly aligned in order to attract and retain the right talent, ensure employee satisfaction, and increase productivity. It provides examples of how they are like two sides of the same coin or like identical twins that must be in tune. The document emphasizes that organizations must consider what employees want, including satisfaction, feedback, growth and learning opportunities, and passion from leaders. It also outlines some factors that make employees unhappy.
The document discusses several trends affecting human resource management, including the need for companies to operate 24/7 to serve global customers, increasing employee dissatisfaction due to job insecurity and benefit cuts, and future labor shortages as baby boomers retire and fewer people enter the workforce. It also mentions trends like the need for backup childcare options, developing leadership in managers, and retaining talent.
1. The article discusses how to create a challenging work environment by setting clear rules and goals, providing immediate feedback, and ensuring employees feel satisfied with their accomplishments.
2. It argues that layoffs, if not handled properly, can damage employee morale and trust in management. When layoffs are necessary, the company should communicate openly with remaining employees and help them develop new skills to feel secure in their roles.
3. The goal is to make employees feel confident and able to contribute to the company's success, even after a difficult period of layoffs.
The document discusses the role of human resources in mergers and acquisitions. It notes that HR should be involved from the beginning in the due diligence process to assess cultural fit and integration challenges. During integration planning, HR communicates changes, retains key talent, and helps the new organization cope with change. In implementation, HR aligns policies, monitors synergies, and ensures incentives support goals. HR encourages recognizing behaviors that support the new culture and aligning culture with strategy. Key concepts are conducting understanding programs, negotiating with unions, assessing manpower needs, understanding compensation structures, auditing assets, and implementing redundancy policies.
The document discusses the role of human resource management during an economic recession. It states that HR must make cost cuts by cancelling policies and procedures, while also identifying top talent to retain. HR communication is important to address employee fears and provide a clear outlook. Recruitment becomes more selective, focusing on critical skills. Training budgets are reduced while maintaining organizational knowledge. Compensation and benefits come under pressure to cut costs. Talent management remains important to develop new ideas to help the organization survive the recession. Overall, HR must work closely with management to navigate the challenges of a recession through strategic initiatives.
The document discusses the role of human resource management (HRM) during an economic recession. It states that during a recession, the key roles of HRM are to make cost cuts, identify top talent to retain, and provide tools to communicate with employees about job security. The recession presents opportunities for HRM to introduce new ideas and change processes to cut costs through actions like downsizing employees or freezing recruitment. HRM must also define initiatives to optimize resources, increase productivity, and ensure policies are up to date. Recessions impact employee morale, so effective communication from HRM is important to address fears and maintain performance.
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Inside The Minds Creativity And Questioning Solving Hr…
1. Inside the Minds:
Maximizing Your HR Efforts
Nationwide Book Published by Aspatore Books
Author Contact Info:
Janie Minkin
Minkin & Associates L.L.C. (formerly of HRadvantage)
Owner and Managing Principal
847-942-2924
Janie.Minkin@gmail.com
Janie Minkin is the Owner and Managing Director of Minkin & Associates, L.L.C. and formerly a Sr.
Consultant with HRadvantage, a division of Gallagher Benefit Services. She has also held the position of
Vice President of Human Resources at Chef Solutions/Orval Kent Foods. She holds an M.B.A. in finance
from Loyola University of Chicago and a B.A. in mathematics from Northeastern Illinois University. She
has over 25 years of HR experience both as a practitioner and as a consultant in such industries as food
manufacturing and distribution, healthcare, and private equity. Janie resides with her family in Evanston,
Illinois.
2. Creativity and Questioning: Solving HR Problems
Introduction
I am a currently an HR consultant, and am a former Vice President of Human Resources.
Having been a practitioner is extremely beneficial to adapting to being a consultant, as I
have walked in the shoes of the clients I now assist. At HRadvantage, our focus is total
rewards consulting, which begins with linking the business strategy to the people strategy
and spans workforce planning, base compensation, incentive plan design, employee
engagement and communication.
Facing Challenges
With today’s global recession, companies are facing challenges that are more serious than
most have ever experienced before. Many of our clients are hospitals and the financial
challenges are enormous. As the cost of healthcare continues to escalate, people are
losing insurance coverage at an increasing rate. Loss of jobs make affording healthcare a
hardship or near to impossible, and yet people continue to need care. As HR consultants,
hospitals, and companies in other industries, turn to us to help them to better understand
and manage their human capital. We challenge companies to think differently, to get
better results. Many are experiencing hiring freezes, and some have experienced layoffs
for the first time. Other companies have already implemented several layoffs and cannot
cut any further. Institutions are temporarily suspending merit increases. These are
uncharted waters, no matter the industry. All have a common goal, to become ever more
efficient while preserving quality and jobs. Our consulting practice has shifted in the
short term from a focus on total rewards to assisting management in analyzing their total
human capital operating expense and suggesting ways to trim expense and retool policies.
Increasing Efficiency
Hospitals never close their doors. They are a 24x7, 365 day operation and are a very
labor-intensive microcosm. It’s like running a small city. Not only must quality
healthcare be provided, but service areas such as foodservice, housekeeping,
maintenance, security and administration must run effectively and efficiently. Our
expertise can help administrators understand their current human capital cost structure
and practices. Our approach is to analyze and determine true baseline costs in such areas
as base pay, premium pay programs (overtime, shift differentials, week-end differentials,
on call pay, lead pay, etc.) and absenteeism, and help administrators develop new and/or
revised policies and procedures that eliminate the waste while preserving efficiency and
effectiveness.
Understanding and support of new policies by both management and staff is also
essential to successful implementation of changes, and this fact should not be overlooked.
This is accomplished through a well thought out and formulated communication strategy,
several communication vehicles with targeted audiences, and management training,
before programs are actually implemented.
3. Information-Gathering Technology
Today’s technology allows for easy access to information. Almost all companies have an
HRMS system, be it homegrown or a known software package, which allows
administrators to manage their programs. These can be utilized to help gather vital, real
time information. We, at HRadvantage, gather key data elements and use statistical
algorithms to determine average costs over a period of time. We can then predict cost
escalation, leveling or deceleration using statistical modeling linked to a key set of
assumptions and economic indicators. This tool and exercise assists clients to determine
the impact of several scenarios presented and allows them to choose the best option to fit
their organization and culture.
Evaluating Effectiveness of Initiatives
As senior HR leadership has taken its place at the business table and become true
business partners to the rest of the executive team, the human resource function has
evolved. No longer can an HR department function solely as an administrator. It must
play a vital role as internal consultant to the different functions. Human Resource team
members must understand whatever business their company is in and be able to assist and
support the company through employee engagement, performance management,
organizational development and helping to train all employees to understand, interpret
and track the key metrics of the business. Compensation plans are then linked to these
key metrics and outcomes, and become quantifiable indicators of success. In today’s
market, every employee must be fully engaged and ever questioning the status quo for a
company to remain successful.
Major HR Initiatives: Reinventing a Company
In my former life, I was Vice President of Human Resources at Chef Solutions, Orval
Kent Foods. When I joined the company in 2004 as their HR Director, Chef Solutions
had just been purchased by a private equity company. Chef Solutions was deep in debt
and in need of reinvention in order to remain a viable business. It had once supplied
foodservice to the domestic airline industry, a market that had disappeared overnight after
9/11. I joined the company as part of the new management team. The new CEO, a
former colleague of mine, had partnered with the private equity firm to look for new
opportunities. The strategy was to diversify their portfolio and enter the food industry.
As the PE Company had no prior experience in food manufacturing, they sought food
manufacturing expertise and thus began the partnership between the PE Company, and
the new CEO. He put together a new management team, one that was a mix of key
executives from before the purchase and new external members. The CEO decided to
“double team” the HR function as there was much to accomplish in a short amount of
time. The current VP of HR also happened to be a former colleague of mine, and we
worked closely, splitting the function between his expertise (labor) and mine (strategy,
comp, benefits, OD and communications).
4. The beginning months were extremely busy as the former owners had operated Chef
Solutions as a division of their much larger global company. They had used a service
center concept to support the staff functions of HR, Payroll, Finance and IT, none of
which were part of the sale. Thus, we had no infrastructure for these areas and had to
work quickly to develop these capabilities. As part of the sale, there was a service
agreement that allowed us to continue to use their infrastructure and service center
through the end of 2004. January 1, 2005, we were on our own. Within that short period
of time (June through Dec.), we chose, tested and implemented a new payroll system, a
new time keeping system, designed and implemented all new benefits, conducted an
active Open Enrollment where everyone in the company had to re-enroll in benefits and
moved our 401(k) plan to a new administrator. This had to be accomplished on a tight
budget, keeping benefits costs flat from where they had been under the former owners.
Simultaneously, strategy sessions were being held and the company was under-going a
restructuring. Three separate divisions were defined, each with dedicated executive staff.
Creative Strategies and Solutions
To successfully accomplish all of the above, I solicited and engaged the entire human
resource team (both at corporate and within the plants), sought input, put teams together
and empowered those teams to accomplish the projects they were assigned. In assigning
both project managers, and team members, I asked for volunteers, a strategy that proved
to be very effective. The HR department became very energized and focused and took
charge and ownership of their projects. I did not have to sell them or work to gain their
buy-in as the projects became theirs and they proudly accepted the responsibility and
ownership. This also helped to assure that these projects would be successful within the
culture of Chef Solutions, a culture that was in a state of change and redefinition.
Questioning Everything and Reinventing the Company
As members of the new senior leadership team, we questioned and analyzed everything
about the business. HR had a seat at the business table through this metamorphosis. We
questioned and redefined who we, Chef Solutions, were. As mentioned, we restructured
into three distinct divisions to better focus and leverage divisional strengths. We
resurrected brand names that had name recognition and brand equity in the marketplace.
We analyzed what products were making money and which needed to be retired (the old
80/20 rule), which plants were best suited to make these products, which customers we
not only wanted to keep, but further court, as preferred customers (deeper penetration).
We identified and targeted new potential customers and put together a marketing strategy
to win those customers, and identified which current customers did not fit our portfolio.
We studied our logistics strategy to assure that our products could get to our customers in
a timely, cost effective way and we designed and posted key metric reports to track our
progress daily. We had plants that were operating at about a 50 percent capacity level,
thus we needed to determine which plants would remain open and which would close
and/or be sold. We also needed to retain key talent, hire certain critical skills that were
lacking and grow the culture into an empowered, trusting, and engaged workforce.
5. Cultivating a New HR Team
We had many critical initiatives moving forward simultaneously, and all were key to the
business’ success. The plant HR team understood their plant and what it took to get a
product produced and shipped, but were not aware of the world outside their own plant.
They needed to learn what else made up Chef Solutions and how those pieces fit together
to make the whole. The HR team at Corporate had to learn what transpired at the plant,
sales and distribution level. There needed to be a knowledge transfer between the two
and the team needed to come together as a single unit, trusting each other, and not be
polarized (corporate vs. plant). This group needed to help champion the new culture
which was being cultivated throughout the organization. It began with the CEO and the
executive team and sought to reach employees down to plant floor and out to the field.
The VP of HR left the organization before we successfully divested the first of the three
divisions and I was promoted to the VP of HR role. I continued to nurture and build our
culture through several communication channels and through the new programs we had
developed. We used Town Hall meetings, employee surveys and cross-functional teams.
Our performance management system tied to our business strategy and there were timely,
annual reviews. Within the first year, employees not only had the first merit increase in
over two years, but the first incentive payout in the history of the company. We shared
back to employees the success the business began to experience through incentive
payments. Most importantly, there was a continual stream of communication. There can
never be enough communication and the messaging must be consistent.
A Case Study of Reinvention
Today, to be successful in HR, a person must be a business person with an HR toolkit. It
is imperative to know and understand the business that you are in. HR needs to
understand its business’ strengths, weaknesses, opportunities, and threats, and be able to
design an HR strategy that helps serve and support all of those components.
My experience at Chef Solutions was a wonderful case study of taking an organization
apart and putting it back together, redefining it, and refocusing it. It was a full-scale
reinvention, and HR was there at the business table every step of the way. Overall, the
experience at Chef Solutions was phenomenal. I used to joke and say that we lived in
dog years. The experience gained in those few years surpassed anything a person would
normally receive in ten years. The metamorphosis touched on every aspect of the
business, from reinventing ourselves as a viable business, to defining our strategy,
determining how human resources would support the business, determining and
identifying the right talent, and being able to attract and retain key individuals. We had to
look into our organization and decide who we really needed to keep and how we were
going to groom and grow them, how we were going to leverage their past experiences
and skills, and how we were going to attract critical new talent to our organization. It is
difficult to attract talent to an organization that, from the outside, does not look very
stable, so HR had to be business people who could help candidates envision the potential
of the business and the future they may have, if they joined our team.
6. Once two of the three Chef Solutions divisions became profitable and were divested, it
was time to begin transitioning non-customer facing, senior management team members
out of the organization. This further reduced overhead and strengthened the bottom line
for the final sale.
As I began seeking a new VP of HR position, I realized that there were other ways I
could use these skills, which ultimately lead me to consider a career in consulting. At one
point, I was interviewing for a VP of HR position and was discussing my experience at
Chef Solutions. My interviewer commented, “You were way too operational. I haven’t
heard much HR out of you — Where is your HR?” My HR had been integrated
completely throughout my discussion with him, but he didn’t recognize it. It wasn’t the
HR role he had been used to. HR is no longer a stand-alone administrative silo. HR is an
integral component of the senior leadership team and a full business partner.