C
charmsli
Need help.. any cost reduction activities in HR other than paper cost reduction? please direct me to the right thread if any...thanks!
Need help.. any cost reduction activities in HR other than paper cost reduction? please direct me to the right thread if any...thanks!
Need help.. any cost reduction activities in HR other than paper cost reduction? please direct me to the right thread if any...thanks!
When you say HR, do you mean Training, or hiring and managing employees?
If Training, much cost is wasted on poor training. Training must be well developed, have clear skill lists, clearly defined outcomes. Trainers must clearly understand what their goals are. Over training (teaching people things they already know), or undertraining (doing training but not getting good results)are both bad.
If you mean hiring and firing, many companies waste money bringinf in unqualified candidates, and having them leave in a few days. This raises costs.
As others mentioned, one of the best way is to identify your HR main functions… and then express them in numerical value… because this is when you can control processes when they are in numerical value…
…you goal is to reduce cost… next question would be - by how much?
I'm just launching some new KPI's in our company, one of them is "Reduction in Unplanned Absence" for the HR dept.