30Sep

An HR Strategy Can Make or Break Your Business

Over the last two decades, the globalization of individual enterprises and capital markets has altered the corporate landscape. Many companies have expanded their activities worldwide.  They are doing this in response to the global competition. 

At the same time, global financial markets are putting pressure on corporations to innovate and cut costs. These changes pressure businesses to manage their assets as efficiently as possible, particularly their human assets.

Getting Down to Specifics

Strategic Human Resource Planning refers to a set of human resource practices. These practices aim to achieve the best employee performance possible to satisfy the firm’s overall goals.

HR strategy stresses the system of HR practices. The wide range of activities matters regarding employee performance, individual assessment, recruiting, or interview tactics, for example. 

It’s also vital to note that a HR plan works best when tailored to a certain job or collection of tasks. Few companies treat their clerical employees the same way they treat their senior executives. Each group is recruited differently and chosen based on different criteria. The also attend separate training programs and are compensated differently.

Finally, the finest HR strategies always focus on bringing the best out of workers. 

Typically, this entails requiring employees to:

  • Have something ready (Skills, Competencies, Abilities).
  • Experience something (Commitment, Engagement, Motivation).
  • Take action (Arrive, Be Productive, Serve Customers).

You will receive the best employee performance if your HR processes are properly established and implemented. Having everything in line will resonate best with the overall company performance.

Creating Your Own Human Resources Strategy 

Creating a Successful HR Plan necessitates these 5 steps:

  • Step 1: Research Your Industry
  • Step 2: Recognize Your Value Chain
  • Step 3: Identify Your Critical Processes
  • Step 4: Determine Your Key Personnel
  • Step 5: Create an HR Strategy

Conclusion 

There is no doubt that the HR strategy you implement should enable your organization’s employees to contribute to the greatest extent feasible while also improving the bottom line. By assisting employees in improving their skills, attitudes, and behavior and decreasing turnover, you are assisting your firm in meeting its ultimate goals, which include productivity, quality, and customer pleasure.

The many HR strategies from which to choose can also be viewed as workforce management philosophies. As an HR professional, you may translate these concepts into specific policies and practices to develop the necessary abilities, elicit the necessary behaviors, and attain the desired outcomes for your company’s specific business plan.

Of course, what is appropriate for one organization may not be appropriate for another. However, if you can develop a cohesive HR strategy, you will be able to demonstrate how strategic human resource planning can offer value to your company in this changing global environment.

A robust digital HRMS platform is all you need to excel at HR strategy formulation.

ConfluxHR’s comprehensive HR management platform opens up unprecedented possibilities. An organization can use the HRMS platform to recruit, onboard, and manage employee leave procedures. The Platform also helps the business to manage payroll and attendance in an efficient and error-free manner. Furthermore, the performance management feature helps ensure that your personnel are constantly upskilled!

Click Here to read more about ConfluxHR’s unique features, such as One-On-One Meeting Capabilities and Assessment Surveys.

27Sep

What’s Trending During Corporate Navratri 2022?

Navratri is a nine-day festival. People of all religions participate in the celebrations in different ways, from dancing with fervor to worshipping Goddess Durga.

This event commemorates the triumph of Goddess Durga, who triumphed over Mahishasur to aid in the restoration of dharma. It is the ultimate conflict between positive and negative energy.

Similarly, each employee’s loyalty, excitement, dedication, and workability contribute to the company’s rise to the top in its industry. Furthermore, the employer’s effort, patience, and devotion also contribute to the company’s identity.

The Festive Spirit is Breaking Down Barriers

A festive occasion or a gathering at the workplace is one of the few times when people let down their guard and are willing to mingle.

And, what’s better is an occasion than Navratri 2022?

The overall corporate environment is joyous and carefree around this time. It is ideal in the casual atmosphere, that HR professionals strive to develop workplace communication.

These celebrations assist in breaking down established hierarchies and organizational limits. It is an ideal networking opportunity for any company’s personnel.

Digital HRM platforms can help bring your entire team together! It can assist you in organizing CSR activities in which all your coworkers can participate. Additionally, it may aid in the development of empathy and the celebration of the true festive spirit.

The Secret to A Successful Corporate Navratri 2022

This celebration of this occasion is best defined by a spoonful of pleasure and admiration in a cupful of contentment!

During the third quarter of the year, corporations celebrate this holiday season. It captivates the young and the aged while deepening their roots. Kicking off their days of enthusiasm with Navratri, employees are exposed to our culture and traditional beliefs in colorful and brilliant ways.

ConfluxHR, a division of DBI360, is one such company that is fully immersed in Navratri celebrations. Every year, they commemorate the days with zeal. This year, they went above and beyond for their staff by experimenting with a novel event structure.

05Sep

Promising Ways to Achieve Gender Inclusivity in the Workplace

A gender-inclusive workplace is ultimately the way forward to a sustainable organization. Above all, we always knew that diversity is the mix, but inclusion is all about making the mix work in our favor! 

Gender inclusivity is not all about identifying but providing each team member with equal workplace opportunities, irrespective of gender.

Why is gender diversity important at workplace?

Gender inclusivity in the workplace is the step toward a non-violent and safe workplace. Above all, several types of research have shown that gender inclusion is excellent for a flourishing economy.

Each time we fail to achieve it, we pay the price. Ultimately, it is a fundamental human right. Now that we know why to opt for gender inclusive environment for work, let us run through a few ways to help us achieve it.

5 ways of achieving a gender-inclusive workplace

1.    Craft-based Job descriptions:

A job description can bring a world of difference in achieving Gender inclusiveness. It can be a tiny step towards a big goal. The gender language creates an impact on the reader. Frame your job descriptions so that it welcomes excellent sources irrespective of gender.

2.    Flexible workplace:

Take proactive measures to understand and resolve gender-related issues. Menstrual, maternal, and paternal leave are all part of a gender-inclusive work environment. A workplace must be flexible for people of all genders to feel comfortable and give their best contributions.

3.    Implementation of fair compensation practices:

Women earn only 82% of men’s salary. If you look forward to being a sustainable organization that attracts candidates rightly, you must compensate employees fairly. Every organization must opt for a very formal approach to determine the compensation band of employees.

4.    Learn from exit interviews:

Almost 64% of working women leave an organization because of gender bias. Since it is one of the most prominent malpractices in the corporate arena, we can always take a lesson from the exit interviews. After all, mistakes are the best ways to learn.

5.    Set a diverse interview panel:

Though, merit must be the only ground in selecting the interview panel. However, a diverse interview panel leaves a comforting and positive impression on the candidates’ minds.

The Bottom Line

These are the few promising ways to achieve a gender inclusivity work environment. After all, that is the way forward to a sustainable workplace. On the verge of discarding the conventional, the modern corporate world is paving the way towards an ultra-inclusive and comfortable working world for the candidates.