Benefits
Are your benefits robust enough to compete
in today's labor market?
A Human Resources professional negotiates cost-effective, employee-serving benefits, as well as monitors the national benefits environment for options and cost savings. This critical component of the profession drives Human Resources to lead the development of benefit orientations and other benefits training for employees and their families. HR Master Consultants conducts compensation and benefits analysis and recommends changes in benefits offered, especially new benefits aimed at employee satisfaction and retention. It is critical to be proactive when managing benefits within your organization. This is a key element in job satisfaction and retention.
Compensation
In a company, compensation plays a vital role in talent acquisition, employee satisfaction, staff development and attrition. Human Resources management must establish the company wage and salary structure, pay policies, and oversee the variable pay systems within the company, including bonuses and raises. The complexities of compensation do not stop there, as this allows HR professionals to lead competitive market research to establish pay practices and pay bands which help to recruit and retain superior staff. Additionally, HR is often required to monitor all pay practices and systems for effectiveness and cost containment. This is where HR Master Consultants can step in and take some of the load off. HRMC can lead your company participation in at least one salary survey per year, and monitor best practices in compensation and benefits through research and up-to-date information on available products.
Employee Relations
Employee Relations is a broad topic, which encompasses everything from handling complaints and resolving conflicts to acting as a change agent within the organization. With the wide variety of tasks, which fall within this category, Human Resources professionals can be stretched thin; and a harmonious work environment may suffer, as a result. HRMC can tackle a workplace investigation, conduct sensitivity training, or perform a myriad of other services, to ensure that employees are happy and fulfilled in their roles.
Organizational & Employee Development
Employers must provide employees with the necessary tools to perform at their highest level and with the greatest contribution. Giving new employees an effective orientation, as well as appropriate levels of training will help them integrate into a new organizational culture. Many HR departments also provide leadership coaching and professional development, which may be offered to newly hired and promoted supervisors and managers. Topics might include performance management and how to handle employee relations matters at the department level. HR Master Consultants offers all aspects of training from employee development to executive leadership coaching. This training can be provided in a group session or on-on-one, focused on company goals and values.
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Professional development opportunities can be offered to employees looking for promotional opportunities or employees who want to achieve personal goals, such as finishing a college degree. Programs such as tuition assistance and tuition reimbursement are often within the purview of the HR training and development area.
Talent Acquisition
The success of recruiters and employment specialists generally is measured by the number of positions they fill and the time it takes to fill those positions. Recruiters who work in-house – as opposed to companies that provide recruiting and staffing services – play a key role in developing the employer's workforce. They advertise job postings, source candidates, screen applicants, conduct preliminary interviews and coordinate hiring efforts with managers responsible for making the final selection of candidates. Performing this task in-house can seem arduous and cumbersome; but with help from HR Master Consultants, the burden of recruiting, screening, selecting and onboarding can be lifted.
