Human Resource Management (HRM) Advisory
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Human Resource Management (HRM) Advisory
Businesses grow only with human and they require management through principles and practices of Human Resource (HR). HR plays an essential role in developing a company’s strategy as well as handling the employee-centered activities of an organization. For small and medium businesses, every employee counts as many employees are performing cross-functional duties.
If any employee leaves the company, then it shall directly affects the company performance and may to the company’s profitability. We provide guidance so the company can start working on its corporate image towards “employer of choice” where people want to work. Becoming an employer of choice means human resources balances recruiting the most qualified applicants, selecting the most suitable candidates and retaining the most talented employees.
We help the business owners and managers in managing employee life cycle by conduction various an interactive and informative sessions on various concerns like how to Conduct interviews, how to give feedback, how to handle
employee issues, etc.
Shailendra has worked in HR Department and he has hands-on experience of handling people issues for more than a decade. Because of which we, at V & S Associates can provide business centric solutions for people management. HR and Employment Policies and Practices are back bone of effective employee management and avoid costly legal battles. We assist in drafting of HR Policies based on prevailing rules and regulations of Maharashtra State Government. We assist SME owners and small business persons from interview of candidate, on roll processes, employment contract, performance management system and smooth exit of an employee.
HR Consultation and Hand holding includes various steps, few are mentioned herein below;
· Review of current HR practices and procedures.
· Preparation of HR Budget & salary structure. Preparation of Position Matrix.
· Realignment of recruitment and interviewing methods including JD & Job Skills. Work on HR Budget.
· Devising selection procedures and norms based on JD & Job Skills. Start of HR Policies.
· Drafting of employment related legal letters, like company bio-data form, offer letter, employment contract, joining formalities, etc.
· Review and amend various HR Policies in tune with applicable labour laws.
· Review & Finalization of HR Manual. Work on Performance based Incentive Scheme.
· Devising exit formalities and Analysis of Attrition data. Devise Retention Strategies.
· Defining company specific reward & recognition practices based on HR Budget.
· Evaluation of HR Budget Against Targets.
· Finalization of HR SOP.
· Completion of Setup of HR Dept.
· Initialization of Performance Management System based on KRA & KPI – Long Term Process based on future plans of the company for business growth.
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