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HR Updates

A online platform where current HR issues, best practices, and updates on HR developments are being made available through Square Jobs Portal.

HR PROCESSES

 
The main HR processes are  recruitment and onboarding, performance management, compensation and benefits, employee relations, training and development, and ensuring compliance with labor laws and foster employee engagement and well-being. 
 

A more detailed breakdown of these HR processes:

 
1. Recruitment and Onboarding:
  • Recruitment:

    This involves attracting qualified candidates to fill open positions, including advertising job openings, screening resumes, conducting interviews, and making hiring decisions. 

     
  • Onboarding:

    This is the process of integrating new hires into the company, ensuring they understand the company culture, policies, and procedures, and are equipped to perform their roles effectively. 

2. Performance Management:
  • This involves setting performance goals, providing regular feedback, conducting performance appraisals, and addressing performance issues.
  • In India, performance management systems, while still conventional, are vital for aligning employee performance with organizational goals. 
     
3. Compensation and Benefits:
  • This encompasses managing salaries, wages, and other financial and non-financial benefits offered to employees.
  • A comprehensive compensation package should include base pay, health insurance, retirement plans, and other benefits. 
     
4. Employee Relations:
  • This involves managing the relationships between the organization and its employees, including handling employee grievances, disciplinary matters, and workplace disputes.
  • Strong employee relations are crucial for maintaining a positive and productive work environment. 
     
5. Training and Development:
  • This involves providing employees with opportunities to enhance their skills and knowledge, which can include formal training programs, mentorship, and on-the-job learning.
  • Employee development is crucial for fostering a skilled and engaged workforce. 
     
6. Labor Law Compliance:
  • Ensuring compliance with Indian labor laws and regulations is a critical HR function.
  • This includes adhering to rules related to employment contracts, wages, working hours, and employee benefits. 
     
7. Employee Engagement :
  • HR plays a vital role in fostering a positive and engaging work environment. 
     
  • This includes implementing initiatives to improve employee morale, promote teamwork, and address employee needs. 
     
  • Prioritizing employee well-being, including mental and physical health, is also increasingly important. 
     
8. Retention:
  • Retaining employees is a key HR priority, as high employee turnover can be costly and disruptive.
  • HR departments implement strategies to improve employee satisfaction and loyalty, such as offering competitive compensation and benefits, providing opportunities for growth, and fostering a positive work environment. 
     
9. Industrial Relations:
  • This focuses on managing relationships between management and employees, including unions and collective bargaining.
  • Effective industrial relations can help prevent disputes and ensure a harmonious workplace. 
     
10. HR Technology:
  • HR technology, including HR management systems (HRMS), is increasingly used to streamline HR processes, automate tasks, and improve data management.
  • HR technology can help HR departments become more efficient and effective. 
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