How valuable is benchmarking when it is used for HR strategies and programs? What form should it take? What processes are most likely to make it useful? Benchmarking is generally defined as a process used by organizations to evaluate various aspects of their processes in relation to best/common practice. It can assist organizations in thinking … Continue reading So What Is Benchmarking Specifically?
Tag: HR strategies
Analytics In Rewards Management
This is the era of “big data” and “analytics” if you listen to the pop literature. And to some extent it is… or should be. Management increasingly demands evidence to support recommendations, rather than “that’s what others do” or “it is prevailing practice.” And management is also realizing that mimicking the strategies others use to … Continue reading Analytics In Rewards Management
Communicating Reward Strategies
Communication is key to promoting an understanding of the strategy and the reasons why it is what it is. Communication also can inspire employees to focus on organizational objectives and to contribute to its performance. Effective communication is one of the best tools rewards practitioners have. Informing, influencing and inspiring employees is best done by … Continue reading Communicating Reward Strategies
“Planning is like rain dancing…it has no effect on rainfall…but it makes the dancers feel better” Despite the uncertainties about whether there will be a shortage of workers in the near future and its magnitude, it is not wise to assume the organization will be able to deal with whatever happens. There have been shortages … Continue reading Workforce Planning