The Best HR Practices You Should Know
Mar 28, 2015 | 11:00 am
HR is sometime called the back office of operations with payroll, recruiting and other important issues. There are good practices that go on and not so good practices, with any company at any given time. A lot of it most likely depends on the size and image of the company’s reputation. How can that be?
If a company is known for grievance complaints, or not getting their employee’s payroll and deductions correct, or not caring about the company’s overall outlook, then these practices make for negative publicity. They are not good for the company sustainability or the overall work place environment. This type of company may have a huge turnover in employees that do not stay long or may even have litigations of employees that might have filed lawsuits. This not only cost the company money, but also incurs other expenses since it would have to continuously find new employee for replacement.
What Are the Best Practices?
Talent acquisition or recruiting is one of the most important because you must take the time to find a qualified applicant for the positions you are looking to fill. Sometimes finding the right candidate can be harder than one might think. It’s thought that approximately 70 million Americans are baby boomers and will retire soon, most likely between the years of 2010 and 2020, which is a lot of job positions to fill with qualified applicants.
The HR department might have an applicant call HRIS, which helps with benefits management, compliance filings, performance management, and training. This is considered on the most popular functions for HR practices.
Keeping track of employee changes and their health care benefits, including new changes with Obama Care, can be confusing. With employees and their life changes in marriage and/or having children, it can be time consuming to keep track and update all the employees’ information.
It is imperative that all updates on regulations and compliance notes are kept up to date. This protects the company and the employees. This is an important goal to keep within the company and each employee may undergo online testing to ensure they are up to date. HR can keep track of who already took the yearly testing and who still needs to follow-up, with this type of excellent organization.
The Long-Awaited Benefits
There are the retirement benefits, health and wellness, background checks and other issues to consider. Keeping up to date on reports and practices is critical. HR keeps the company operations in check and is cost efficient. If there is a meltdown it can be devastating to the overall company stability.
HR not only keeps the company and the employees up to date on compliance and legalities, it also makes sure its employees are satisfied with the workplace environment. If there is a conflict, HR is there to go through the channels to mediate and help them come to a satisfactory resolution. HR has to back their own policies and be effective in all their practices throughout. This is what makes the wheels turn smoothly for a productive and profitable company.