Human resource measures are essential for a company's long-term success. Whether training or coaching, new bonus systems or recruitment methods, psychometric assessments or team-building days, human resource strategies strongly impact organization-wide factors such as profit and client satisfaction. Human resource management possesses an arsenal of methods to positively influence employee performance, strengthen their skill sets and create a more efficient and collaborative environment. However, in order to determine the actual impact of human resource management strategies, it is essential to measure them correctly.
Frequently questions such as the following float around human resource departments and among management:
Are our recruitment methods effective? How to improve and accelerate our recruitment and find the right candidates? Does our recruitment process take too long? How can we speed up or streamline our recruitment process? Do our training programs yield the desired impact? How can we measure the effectiveness of our training programs? Do we invest enough/too little in training and employee development? Are our bonus systems adequate and yield the highest return? How can we increase employee motivation and performance? What needs to be done to increase employee loyalty and engagement? Why are our teams not efficiently collaborating? How can we measure our employee satisfaction and motivation?
If these questions sound familiar, your company is not alone. We know from working with organizations, from small to large enterprises, that determining the right Key Performance Indicators and implementing a fitting framework to measure the impact of human resources strategies can be difficult. Particularly if human resource metrics had not previously been in place and are not yet readily available.
Implementing and managing human resource systems can be time and cost-intensive. Understanding their impact is thus essential. Only human resource strategies that deliver the intended results are worthwhile pursuing and investing in.
At MCHasel Human Resource & Leadership Advisory we aid organizations in determining and improving the impact and efficiency of human resource measures such as training programs, recruitment strategies, assessment centers, and bonus systems.
For more information on how we can help you, please use the Contact Form.