As industries undergo changes over the years, Human Resources (HR) too needs to keep pace with the new challenges. Some of the biggest challenges faced by HR include:
- Onboarding employees
- Retaining and rewarding employees
- Leadership development
The turnaround time for projects is getting shorter these days. New employees don’t have the luxury of time to learn about organization, its values, and about the project. Onboarding employees with the help of software that covers all areas independent of manual inputs help reduce the turnaround time for onboarding.
Retaining and Rewarding Employees
Employees are direct contributors to the productivity and outcome of a company. If employees are not motivated, their productivity will sag and hence the company outcome. To overcome this hazard, you should regularly try to track employees’ performance and productivity through a performance management software system. These include any initiatives taken, appreciation from customers, helping teammates, conducting training sessions, etc. Measuring on these parameters, you can reward employees and motivate them so that they can be retained in the organization for the betterment of the company. As an HR, you should take time to appreciate the deserving employees and they will reciprocate in a thousand ways.
Rewarding can also include pay increases, assigning projects that can increase an employee’s roles & responsibilities, and few other benefits like flexible timings or telecommuting to keep employees happy.
HR professionals should understand what helps motivating company employees, and try to implement them into compensation systems.
Richard Branson, Founder of Virgin, rightly said, “You shouldn’t be looking for people slipping up, you should be looking for all the good things people do and praising those.”
Leadership is a key challenge for HR and therefore, it is very important for the HR teams to consider defining a succession plan where employees with the potential can fill key business leadership positions in the company. As companies grow and expand, developing leaders is also essential. Successful companies that work on leadership development are also working on employees’ retention. A great leader is one who will always take the team with him/her for the betterment of the company. Use training software to help cultivate leadership skills.
Of course, these are not the only priorities for HR. There are challenges in learning management, performance management, and compensation management, etc. Using updated technology and software design for HR processes, you can overcome all these challenges and provide organizations with the most business value.