Best Practices in Global Human Resource Management
With the emergence of new technologies and growth in the global market place, the role of the human resource manager is also changing and evolving. There is tremendous opportunity for a large contribution to the company’s success. These are a few best practices that can help a global HR manager to be a major contributor. · Encourage employees with the unexpected. Statistics show that happy employees are more productive and stay longer with a company. Benefits, compensation, and work/life balance are the most important factors in overall job satisfaction. · Create a safe workplace. Though it may sound simple, creating a safe working environment can be quite a challenge. It includes preventing workplace accidents, preventing violence in the workplace, etc. This can be done by posting a policy and forming a dedicated management team to track incidents and act consistently in preventing violence at the workplace. · Appoint the right candidate. In global human resource management, hiring the right person is vital. For effective and efficient hiring, it is necessary to develop a hiring strategy and establish what you are looking for in a candidate. By adopting the appropriate hiring tools, like a placement agency, newspaper or even campus recruitment, you can zero in on the right employee. · Create an ethical workplace. Creating an ethical workplace is not just the right thing to do, but also the legal thing to do. To ensure an ethical workplace it is necessary to establish a code of ethics. Develop this code by asking for employee input and looking at what other companies have done. Many companies have had great success developing and implementing a strong code of ethics. · Conquer your compliance challenges. HR management laws are constantly changing, sometimes in small ways and sometimes in complex ways. It is necessary to be up to date on: Ø USERRA regulations regarding employment, re-employment, benefits and more Ø
FLSA and new overtime regulations
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HIPAA guidelines for security
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FTC rules on disposing of confidential consumer report
· Make your policies and practices state of the art. Because employees are going to keep pace with current technologies, it is important to address the use of different technologies on the job, like cell phones, camera phones, etc. These can be a liability or a convenience as security and privacy issues abound
when it comes to the use of mobile phones. It is therefore necessary to put a policy in place to protect your company and confidential company documents. · Strive for the best. As HR managers are becoming key players in the success of a company, it is necessary to align the HR agenda with the company’s needs, build credibility and influence and think like a strategic partner. The more you approach HR as an internal business, the more successful you are likely to be. And that success can only benefit your company. Human capital is a company’s most expensive asset, so HR needs to ensure that it provides the best employee benefit services. A reputed employee benefit consultant can use their expertise in concurrence with a company’s business goals to choose plans that work well for the employer and employees. To know more visit - tax compliance services here.