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Key elements of HR Strategy : Assignment

   

Added on  2020-03-16

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Key elements of HR strategy 1KEY ELEMENTS OF THE HR STRATEGYName:Institution:Course:Tutor:Date:

Key elements of HR strategy 2IntroductionHuman resource managers in every organization remain to be the overseers of the human resource departments as well as insurers of the functions and tasks being carried out by the human resource team. HR managers are often regarded to be the link between the management of the organization and its employees, as their duties run the gamut from offeringconsultation on strategic planning with top executives to recruitment, interviewing, along with the process of the hiring new workforce. Besides, the human resource manager is the professional responsible for motivating, attracting, together with retaining the skilled and most qualified talent for directing administrative purposes of the HR department (Leo 2012). The nature of the position as a supervisory nature, the human resource manager, is always called upon to handle workers related services, regulatory compliance, and relations of employees among many other duties. Therefore, the major focus of this research article is to address the fundamental elements of the HR strategy followed by the HR manager who is responsible for the international aspects of HR of the company. Key elements of the HR strategyThe human resource manager in charge of the international dimensions of the HR organization is responsible for ensuring that the overall administration, coordination, along with the evaluation of plans of human resource realization of company’s programs (Phillips & Phillips 2014, p. 133). Therefore, the essential responsibilities of an HR manager in the main elements of the HR strategy include the idea of implementing and revising compensation plan

Key elements of HR strategy 3of the company. The manager also has the responsibilities of creating and reviewing the description of the job, conducting annual salary surveys, maintaining affirmative action plans, and performing benefits administration. On the basic level, human resource manager has the responsibility of ensuring the fundamental elements of the HR strategy to be the ideas of recruiting, hiring new labor force, as well as management of employee. Besides, efficient operations of the HR manager entail activities that focus on the activities of the company (Slinger 2015, p. 1). Some of the ideas that manager has to focus on while addressing the key elements of the HR strategy include culture of organizational and guaranting safety along with wellbeing of its workers. With the knowledge of these mechanisms of the management of human resource system, the managers can efficiently formation of the processes of business. Some of the key elements that HR, the manager can use during planning for different functions including the idea of predicting the needs of employees within the company.Other key features include analyzing if the supply of the qualified workers meets the need of the manager and learning to balance the supply and employees demand. Forecasting on staffing needsThe element of prediction on staffing need comprises of various approaches that the manager can use to forecast on the needs of company’s business. The idea of forecasting on the need of staffs helps HR manager in predicting how many employees the company might need to run the business. It also allows the HR manager to understand the roles that every employee needs to fill to improve the operations of the company (Jacobi 2014, p. 1). The HR manager needs to consider this element of the HR strategy it helps in addressing some of the

Key elements of HR strategy 4factors that affect operations of the company. Some factors that the feature helps in dealing with include the state of the economy, the inner business finances, claim for the organization’s products, or focusing on the services and the growing expectation of the business. Besides, the element of forecasting staffing needs by the HR manager is essential as it ensures that manager looks at his or her existing staff and sees which current employees are likely to transmit into advanced positions. It also allows the HR manager to estimate the turnover rate of workers within the international aspects of HR of a company that they are responsible for its operations.Consideration of the needs of staff is essential in operation of every business to the manager because he or she will be able to match with the hiring executive, wade throughout the arrival of resumes, and to arrange interview meetings (Bettis et al., 2014). The appointed employees on department of human resource can then work in close collaboration with workers in the continuing effort to retain staff members. Evaluating supplyThe focus on evaluating supply by human resource manager is an essential element in the formation of HR strategy for management of any company. In most cases, the evaluation of the provision of employees comprises of the two-prong process. These two methods include the need to evaluate internal staff that occurs as the HR manager is forecasting on her or his staffing needs. Another process focuses on the evaluation of external staff. Therefore, this element allows HR manager to require evaluating the demographics of the workforce that is present within the process of company’s operations (Dovbnya & Pysmenna 2017, p. 117). Someof the factors that this element shows to HR manager include things like the education, the rate

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