HR Strategic Planning
Long range plan of action oriented to achieve long term goals.
What is Strategy
Providing an adequate supply of qualified individuals to complete the body of work necessary for the organization's financial success.
What is Staffing
Management support, evaluation of current engagement levels, implementation of actions to increase engagement throughout employee life cycle, and measure success.
What is Tasks in Employee Engagement
Acquiring knowledge, skills, behaviors and competencies
What is Learning
tangible payments or services provided to a broad group of employees to cover common issues
What are Benefits
A process including Formulation, Development, Implementation and Evaluation
What is The Strategic Planning and Management Process
Mergers/Acquisitions, joint ventures, greenfield operations and Strategic Alliances?
What are Growth Strategies
Satisfying work and job opportunities, confidence and trust in leaders, recognition and rewards and timely and orderly communication
What is Drivers of Engagement
Encompasses direct and indirect remuneration approaches that employers use to attract, recognize and retain workers.
What is Total Rewards
Internal customers, suppliers, communities, institutions, and government agencies
Who are HR Stakeholders
Creating policies specific to each country
What is Polycentric
A short (but broad) statement documenting the organization's guiding principles and core values about employee compensation
What is Compensation Philosophy
PESTLE
What is Political, Economic, Social, Technological, Legal and Environmental issues that may impact business
Two employment branding tools
What are Collateral Materials and Social Media
Employee Survey
What has the purpose of collecting and assessing employee perceptions about the work environment?
Two components of Adult Learning
What are Self Directed and More Problem Focused
Lag, Match, Lead
What are pay strategies?
Creates value reliably but with little opportunity for growth
What is Cash Cow
A written statement that determines activities (tasks) and responsibilities, personal qualifications necessary and work conditions.
What is Job Analysis
Connects engagement with the drivers of the organization's strategic goals
What is a Business Case
An obstacle to learning
What is Peer Group Pressure
Internal Equitablity
What is one of the elements of a total reward strategy?