In yesterday’s Advisor, the 7 steps to a strategic HR assessment were presented by Lori Kleiman, SPHR; today, she elaborates on the challenges of the HR function and presents a couple of frequently asked questions and their answers.
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HR is charged with many tall tasks—ensure compliance, boost retention and engagement, and align HR’s initiatives with the organization’s structure and underlying strategic mission. To be successful, HR must assess the organization’s current processes and overall structure to ensure that jobs are properly defined, departments are organized in a logical and effective way, and that organizational objectives are being met along the way.
Accept the Challenge
You can’t operate in a vacuum, but it can be a challenge to show how HR projects align with corporate goals and contribute to driving the organization forward. That’s where an HR assessment comes in. This strategic tool can help you ensure that HR is meeting the organization’s strategic goals and compliance needs!
Looking for a way to incorporate profit sharing into your comp strategy? Start on January 22, 2015, with a new interactive webinar, Profit Sharing: 10 Ways to Make a Plan Work for You and Your Employees. Learn More
Q&A with Lori Kleiman
Kleiman, a Chicago-based business expert with more than 25 years of experience advising companies on HR issues, has supplied some frequently asked questions—and answers—to this HR topic.
Q: There is so much to the HR function. How do I know if I am doing everything right?
A: It is critical that HR professionals—and those responsible for the HR function—take time to step back and evaluate processes. This needs to be done for compliance, as well as for the analysis of processes that may be in place.
Q: How can I help our executives see the strategic value I bring to the organization?
A: Completing an HR assessment and then being strategic about your goals for the year is a great way to highlight the HR function and what you are adding to the attainment of the goals for the company. Be sure you are setting out goals that are important to the leaders and focused on driving your organization forward.
While you’re assessing for 2015, know that the battle for top talent will be intense this year. In order to land the best performers, you’ll need to have competitive benefits, and this may include profit sharing. How can you work this into your compensation plan? Fortunately there’s timely help in the form of BLR’s new webinar—Profit Sharing: 10 Ways to Make a Plan Work for You and Your Employees. In just 90 minutes, on January 22, 2015, you’ll learn the ins and outs of this complex compensation tool … and how to plan for and manage it effectively.
Register today for this interactive webinar.
Start your profit sharing program off on the right foot. Join us January 22, 2015, for a new interactive webinar, Profit Sharing: 10 Ways to Make a Plan Work for You and Your Employees. Earn 1.5 hours in HRCI Recertification Credit. Register Now
By participating in this interactive webinar, you’ll learn:
- Where profit sharing has been and where it is now
- How to tell if a profit sharing plan is right for your organization
- How to communicate a profit sharing plan to employees and job candidates
- How to determine how much and how often to contribute
- Tax benefits and pitfalls of profit sharing
- How to plan for employee departures—by resignation and retirement
- Recordkeeping strategies and plan operation tactics to implement
- Profit sharing regulations you must communicate to your employees
- How to manage your plan’s assets, including trust considerations
- Tips for hiring a service provider to manage your profit sharing plan
- Reporting to government agencies – what you must file and when
- A compliance checklist to make sure your profit-sharing plan is working for you and your employees
- And much more!
Register now for this event risk-free.
Thursday, January 22, 2015
1:30 p.m. to 3:00 p.m. (Eastern)
12:30 p.m. to 2:00 p.m. (Central)
11:30 a.m. to 1:00 p.m. (Mountain)
10:30 a.m. to 12:00 p.m. (Pacific)
Approved for Recertification Credit
This program has been approved for 1.5 credit hours toward recertification through the Human Resource Certification Institute (HRCI).
Join us on January 22, 2015—you’ll get the in-depth Profit Sharing: 10 Ways to Make a Plan Work for You and Your Employees webinar AND you’ll get all of your particular questions answered by our experts.
Train Your Entire Staff
As with all BLR/HRhero webinars:
- Train all the staff you can fit around a conference phone.
- Get your (and their) specific phoned-in or emailed questions answered in Q&A sessions that follow the presentation.