Post by account_disabled on Feb 19, 2024 22:44:14 GMT -6
Those responsible for human resources management in a company have the ability to increase the profitability of their business, they just need to know how to do it. In addition to its business vision, to align with corporate goals; They must exploit their strategic planning capabilities to better satisfy the needs of employees and ensure that they meet business objectives; and that they do not neglect the opportunities to analyze trends over time, using the information at their disposal. iStock_000043150132_Small Photo credits: All of these actions base their success on the completeness and reliability of the reporting behind each decision. However, complexity or excessive elaboration can increase organizational reluctance, which is why many companies choose to maintain simplicity when reporting, focusing on recruitment. Effective human resources management in 3 steps Recruitment reporting, like any reporting dynamic in the field of human resources management , bases its success on: Precision.
Accessibility. Frequency. Keeping these premises in mind, it could be said that the keys to USA Student Phone Number List improving business profitability through good human resources management ; At least as far as personnel selection processes are concerned, it has a lot to do with: A/ Period in which a position remains vacant : many companies wonder how long it takes to fill each open position. Knowing this information helps to know how much money the company is losing (a figure that will increase as the period lengthens). Recruiters who are quicker in discovering talent and hiring will add more value to the company as a whole. They hold the secret to one of the many ways human resource management translates into profitability, and their reports export this knowledge while helping to benchmark by calculating data for a variety of open positions. When these latencies can be minimized, the chances of attracting talent are increased, since, otherwise, if candidates feel stuck in the recruitment process, they may lose interest or be recruited by another company. B/ Time required for each phase of the recruitment process: if the deadlines for each stage are reduced, the total duration of the selection process will be shortened, with all the advantages mentioned.
In order to control what the hours and days are invested in, the first step is to divide recruitment into phases, starting with advertising and continuing through selection, personnel interviews and management review. Metrics must then be collected from all of them to compile them into a report that reveals the real situation of the process and allows us to see which moments are highly efficient and which others need adjustment. Above all, it is about avoiding bottlenecks. C/ Balance in human resources management between hiring and layoffs : job rotation causes a considerable impact on profitability. Expenses donkeyociated with the selection process, training and training, the subsequent learning curve and, not counting other collateral costs that always accompany each dismissal and new addition to the workforce. Knowing the volume of hiring and layoffs in the different business areas for a given period can be very useful when it comes to fine-tuning human resources management, making it more aware and more committed.