While it might take some time and effort to perform a proper resource audit on your organization, the information that this strategy process will reveal to you can be invaluable.
Each person that works within your company has a specific set of skills and experiences that is unique to them. Auditing your compensation plans takes time to complete; based on the size of your workforce, this part of your HR audit may be more effectively outsourced than conducting the analyses in-house.
Physical Resources This is probably the first thing you think about when considering the resources that you have on hand. The Intangibles What else does your organization have going for it beyond what you can see within the building?
An audit of these functions includes reviewing the level of employee satisfaction. Unless your organization is hopelessly disorganized, you certainly already know what kind of financial resources you have available to you. HR Departmental Practices In addition to auditing specific areas of your human resources department, review Human resource industry audit reflection HR function in its totality and in relationship to other departments.
Recommended by Free Strategy Skills Resources See the full list of Strategy Skills eBooks, templates and checklists available for free download right now. However, it is always worth taking a fresh look at your physical resources to see if you could be getting more value from them Human resource industry audit reflection you currently are.
Taking what you have available to you, and making it work in a way that gets you closer to your goals, is really the name of the game. If you want to get the best possible performance from your business as a whole, it starts by getting the most out of each individual person that you have available to you.
Reputation is a reflection of how the organization is perceived in the marketplace. Legislation concerning fair pay - the Lilly Ledbetter Fair Pay Act of - was a wakeup call for employers to look closely at their pay practices.
That is the balancing act that every business must play, so understanding exactly what resources are at your disposal should be high on your priority list. An ongoing approach Human resource industry audit reflection improving resource utilization is something that any successful business will embrace and make a top priority.
Human Resources This is where it starts to get interesting from a management perspective, and where you can start to make real improvements in your organization. Physical resources include buildings and equipment, which may be either owned or leased.
As with your physical resources, a review of financial resources is something that should be happening on an ongoing basis.
Give your employees the benefit of the doubt and provide them with opportunities to impress you by going outside of their usual routine. Some of these may be owned e.
A resource audit is the process of going through everything that your business or organization has available to it. It includes assessing employee participation in maintaining a safe work environment, measuring the effectiveness of your safety training to reduce the number of workplace injuries, and providing training related to workplace violence, actions of disgruntled employees and civil unrest.
Understanding what you have available to you as a business owner or manager is a crucial part of the overall puzzle.
The companies and organizations that play this game the best — and get the most possible production from their resources — are usually the ones that are going to come out on top. Employee Relations The employee relations area of human resources is typically responsible for addressing employee concerns, designing and analyzing employee opinion surveys, assisting HR leadership with monitoring the performance management system, and representing the company in matters involving claims pertaining to unemployment compensation and unfair employment practices.
An audit should reveal how knowledgeable your employment specialists are concerning organizational structure, positions within each department, and fair employment practices in recruiting and hiring candidates.
Is some of the space in your buildings going unused, or being wasted on an unnecessary purpose? Financial Resources Another category that receives plenty of attention. An audit also requires that you look at overall HR departmental functions for assurance that human resources is supporting the company philosophy, mission and values.
You should always be finding ways to be more efficient with your money, so that the organization squeezes every last cent out of each dollar. For example, if your organization has been in business for a long time, you should leverage that point in advertising and marketing efforts to make sure potential customers understand how trustworthy you really are.
Know-how is the intellectual property that enables the organization to function. Employee satisfaction can be measured by turnover rates, number of employee complaints filed and resolved, the status of action plans from recent employee opinion surveys, and the effectiveness of your performance management system.
Auditing your human resources employment function involves a review of the way applicants are received. Wages make up a huge part of any organizations budget, so make sure you get getting the best possible return from the investment you have made in these people. Intangible resources can include things like a great reputation within the community, many years in business, or a presence in a niche market that lacks significant competition.Human Resource Industry Audit - Reflection Paper Change is the one constant in the highly competitive business world.
Industries are consistently exploring different ideas, techniques, and processes to make or keep their organizations moving forward in the competitive environment. The commercial airline industry is an extremely competitive. Report to Management.
AUDIT OF THE HUMAN RESOURCES PROCESS. April 25, Texas Water Development Board. Internal Audit. Lawrence C.
Gambone, CPA. Human Resource Industry Audit - Reflection Paper Tommy Kramer Nov 4, Human Resource Industry Audit - Reflection Paper Change is the one constant in the highly competitive business world. Industries are consistently exploring different ideas, techniques, and processes to make or keep their organizations moving forward in the.
Human resources include both permanent and temporary staff. Reputation is a reflection of how the organization is perceived in the marketplace. Know-how is the intellectual property that enables the organization to function.
IDENTIFY YOUR COMPLIANCE RISKS HR AUDIT CHECKLIST ©ThinkHR x Edition: Is your management personnel trained in human resources practices and compliance with company policies and the law? Yes No Yes No Have you complied with all OSHA and noti cation requirements related to your industry?
Do you have an. A human resources audit evaluates several functions of the HR department. An audit is more than just looking at personnel files to make sure they're complete and consistent with federal and state laws pertaining to employment practices. An audit also requires that you look at overall HR departmental functions for.Download