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Human Resource Best Practices Top 10

Best hr practices

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Top Ten HR Best Practices that can help you achieve your organizational goals every year

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Page 1: Best hr practices

Human Resource Best Practices

Top 10

Page 2: Best hr practices

Top 10 HR Best Practices

that can help you achieve your organizational goals every year

Copyright 2013 | Saigun Technologies Pvt. Ltd.

2

Page 3: Best hr practices

(in the form of a reward)

10. Delight Employees with the Unexpected

Delight employees with unexpected things

Top Performers Select Others

(to motivate them)

Gift Certificates

Page 4: Best hr practices

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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09. Rewards

Recognizing Employee Talent

50/50 (may not work)

Public Appreciation (Applause from colleagues)

Employee Satisfaction Cash Bonus is less significant than Colleagues approval and applause

Significance of Rewards

Page 5: Best hr practices

08. Open House Discussions and Feedback Mechanisms

Ideas rule the world

Biggest source of ideas are the employees

Ideas

Lack of appropriate mechanism

(to capture ideas)

Appropriate mechanisms

• Open-house discussion • Employee-management meets • Suggestion boxes • Critical Incident Diaries (and other tools)

Page 6: Best hr practices

Company Intranet

Make them visible

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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07. Highlight Performers

Profiles of Top Performers

Top Performer

Display Boards

Top Performer

Encourages others to put in their best

Competitive Company Environment

Page 7: Best hr practices

06. Knowledge Sharing

Systematic Knowledge Management that supports Strategy

Knowledge Database

Essential knowledge from

skill development programs

Innovative ideas implemented in the workplace

Information from the employees

Information from the company

Share the knowledge with other Employees and Managers

Page 8: Best hr practices

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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05. Fair Evaluation System

Fair Evaluation System

where performance and goals are linked

Individual Performance

Organizational Goals

Self-Evaluation System

Based on Achievements

Tracked over the year

“Reviewer” participation (immediate manager’s manager)

Cross-functional feedback (evaluation by a second manager for whom the employees

work matters)

Page 9: Best hr practices

04. 360 Degree Performance Management Feedback System

360° Evaluation

Seniors

Subordinates

Peers

Page 10: Best hr practices

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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03. Performance Linked Bonuses

Fixed Bonus

+ Variable Bonus

Employee

Incentive Disillusionment

Based on how it is

Administered Communicated

Design Bonuses so that

Employees understand

No payout unless

company has X-level of

profitability

Additional Criteria: • Team’s performance • Individual performance

Page 11: Best hr practices

Employee Personal Data

Sales

Management Objectives

New Clients

Company Policies

Contracts

02. Open Book Management Style

Share information about

Ensures employee enthusiasm towards business

Creates interests in strategic decision, thus aligning them to your business objective

Tools available: • Employee Self-service portal • Manager on-line

Page 12: Best hr practices

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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01. Safe, Healthy and Happy Workplace

Create a safe, healthy and happy

workplace

Employees feel at home and stay for a

very long time

Capture their thoughts through frequent employee surveys

Page 13: Best hr practices

Thank You

Copyright 2013 | Saigun Technologies Pvt. Ltd.

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