HR Function Awareness
HR Function Awareness
Talent Acquisition
• Manpower Planning
• the future needs of the organization. What kind of people does the
organization need, and how many?
• data-driven process to make sure that the organization has the
right people in the right place at the right time to achieve its
strategic goals.
Talent Acquisition
Manpower Planning Process
Talent Acquisition
Job Circulation
• Job circulation/ rotation is a human resources (HR) strategy that
involves moving employees between different jobs within an
organization on a regular basis.
• allow employees to learn new skills and experience
• can help companies adapt and learn continuously, making it easier
for them to pivot when needed.
• Circular HR can improve employee engagement, job satisfaction,
and retention rates by showing employees that the company is
invested in their long-term growth and well-being.
Talent Acquisition
Talent Sourcing
• the process of identifying, researching, generating, and networking
with potential job candidates in order to convert individuals into job
applicants
• non-applications into applicants.
• variety of sources, including LinkedIn and job boards
Talent Acquisition
Selection
• the process of choosing the right candidates to fill an organization's
jobs
• reduce attrition, increase productivity and even improve the
company’s bottom line.
• in-depth analysis of each candidate
• consuming and expensive
• Involves the creation of a contractual agreement between the
company and the successful candidate
• reduce absenteeism and even increase retention
Talent Acquisition
Compensation
• Compensation negotiation is the process of negotiating the amount
of pay, income, or other compensation with another party
• industry salary trends, your market value, and publicly available
salary information
• Prepare your case, organize your thoughts, and come up with a
range
• Be familiar with the job description and factor in your credentials
• why the company should invest more in you and explain the value
you would bring to the organization
• can negotiate about 5-10% above a salary offer. (40% max)
Talent Acquisition
Onboarding
• the process of introducing new employees to their company, its
people, and culture
• Create an onboarding timeline
• Induct your new employee
• Use onboarding checklists (
https://www.aihr.com/wp-content/uploads/Onboarding-Checklist-Tem
plate-For-Managers-Excel.png
)
Talent Acquisition
Market Benchmarking
• Market benchmarking, also known as competitive benchmarking, is a way
to measure a company's performance against other companies in the same
industry.
• HR benchmarking is the process of comparing an organization's HR
practices, policies, and programs against industry standards and best
practices.
• Salary benchmarking allows organizations to make a comparison of their
salaries offered and benefits provided within specific industries
• Increasing business impact
• Identifying trends
• Improve existing practices
• Assessing and enhancing employee experience and employee engagement