Human Resource Systems
Human Capital asset management requires a solid foundation of systems. One critical system, the Human Resource system, is standardized within the industry, along with determining best practices. Once established in a company or institution, there is a constant need for updates that reflect new and changed regulations, workforce demographics, and other variables within the organization itself. Business growth or contraction may require a new organization structure.
The HR industry defines the Human Resource system to include:
- Policies and Practices
- Performance Management
- Employee Development
- Education and Training
- Employee Communications
- Benefits
- Employee Relations
- Recruitment and Staffing
- Employee Handbook
- Compensation Management
- Work/Life Programs
- Incentive Plans
- Retention Strategies and Plan
CHCS can provide your company with a professional and objective assessment of your HR systems.
Separately, or working in collaboration with your human resource lead, CHCS will assist with integration of effective HR policies, practices, and processes into daily operations. You will receive a comprehensive review of all Human Resource system elements and how each functions within your organization. We will look to identify areas that can be improved.
Three critical elements of the Human Resource system that are often treated separately, but need to be integrated for optimal organizational performance:
- Performance Management
- Employee Development
- Compensation Management
CHCS will develop processes for each area with recommended tools to enable those processes. For example, merit-based pay increases typically correlate to varying employee performance levels and, most importantly, business performance and affordability. Employee development plans should be developed based on the individual goals and objectives of the employee and the corresponding business needs.
For more information on how CHCS can empower your HR Department, contact us today to schedule a consultation.
