Use the free Business Best Practice Benchmarking Toolkit to find the strengths and weaknesses in your business practices, identify the key gaps that are holding your business back and develop your own business improvement plan
Human Resource Management
No organisation can function effectively without the right people, in the right jobs, with the right skills, competencies and motivation and with the right systems and culture to support them. The key systems and processes involved in Human Resources Management (HRM) include recruiting, training and development, performance appraisals, and performance management as well as workplace communication, workplace safety, and much more. Any organisation, without a proper setup for HRM is bound to suffer from serious problems while managing its regular activities.
What are the benchmarks of best practice HRM (human resource management) and Leadership?
BEST PRACTICE BENCHMARK: We have effective recruitment, selection & induction processes in place to ensure we are able to attract and select the right people to the right roles and set them up to be successful. #HR
BEST PRACTICE BENCHMARK: We have compliant and comprehensive Employment Contracts and HR policies in place that meet legislative requirements and promote best practice HR. Our team are educated regularly on these policies and have a strong understanding of their application. #HR #Risk
BEST PRACTICE BENCHMARK: All positions have clear documented job descriptions and all employees have documented and easily measurable Key Performance Indicators (KPIs) directly linked to their key responsibilities and to business goals and outcomes. #HR
BEST PRACTICE BENCHMARK: We promote an environment of regular and on-going feedback to our employees and have a formal review process in place. All employees have training and development plans in place to build capability now and into the future. #HR
BEST PRACTICE BENCHMARK: Our leadership culture fosters a productive, harmonious workplace where our people are committed to our purpose, values & goals & feel inspired & supported to achieve their greatest potential. #HR #culture
Best Practice HR Resource Library
Each item in the best practice HR library has been included to help you achieve best practice in one or more of the benchmarks of best practice HR and Leadership.
This post is one in a series designed to help SME businesses benchmark their business and create a best practice business improvement plan across all of their business processes. You can find the links to the full series here. What are the benefits of a best...read more