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Rigorous HR G.P.Rastogi KPMG

Rigorous HR - Presentation by KPMG

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1. SMART Objectives2. Recruitment - Best Practises3. Performance Appraisal - Best Practises4. Compensation – Best Practises5. Individual Recognition – A critical parameter6. Critical Communication7. Other Best Practises8. Process oriented and continuously improving HR

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Page 1: Rigorous HR - Presentation by KPMG

Rigorous HR

G.P.RastogiKPMG

Page 2: Rigorous HR - Presentation by KPMG

SMART Objectives

• Quantitative and Time bound objectives– Cost Per Hire

• Various channels optimization

– Offer to Join Ratio• Analysis

– Employee Satisfaction Index– Attrition

• Fast Trackers

– Competency Building Targets– SLAs

Page 3: Rigorous HR - Presentation by KPMG

Recruitment - Best Practices

• Competency based recruitment– Forms, interview panels, Competency

Frameworks and levels

• Single HR Point of Contact for a vertical

• Monitoring of MRF Nos in weekly Delivery meetings

Page 4: Rigorous HR - Presentation by KPMG

Performance Appraisal – Best Practices

• KRAs to be defined within 15 days of an employee joining the organization.

• KRAs to addup to a quantitative score.• Mid-term appraisal a must.• Training to appraise and appraiser before hand.• Vertical and Organizational level Normalization.• FAD : Feedback after Appraisal for every

Supervisor to be collated by HR and discussed. • Informal 360 Degree feedback segregated by

scores of subordinates, peers and seniors.

Page 5: Rigorous HR - Presentation by KPMG

Compensation – Best Practices

• 3 scales for each level– Fast Track, Average, Laggard

• Based on Industry Compensation Surveys

• Performance Appraisal only time for salary correction / raises

• UCL / LCL for each role for recruitment / promotion

• Special allowance for a critical skill

Page 6: Rigorous HR - Presentation by KPMG

Individual Recognition – A Critical Parameter

• Social Recognition of an Individual Performer– In Open House, Photograph on Intranet

• Loyalty Points for sharing knowledge, code on Portals, taking trainings redeemable against gifts

• Make the Corporate Portal a repository of hands on learning using above.

• On the Spot Awards – Dinner for Two

Page 7: Rigorous HR - Presentation by KPMG

Critical Communication

• Open Houses on Company Performance– Publishing MoM of Open House with Actions

taken on corporate Portal.• Relevant Certificates reimbursements• Half Fee for Higher Education with tie-ups• Awareness of Rewards and other HR Policies

through HR Portal Quizzes sometimes with some carrots.

• Senior Management’s informal lunch on a weekly basis with staff on a regular basis.

• Sharing with Employees analysis and action taken on Employee Satisfaction Survey.

Page 8: Rigorous HR - Presentation by KPMG

Other Best Practices

• Mentoring• Manpower Projection rolled-up from

project / competency level upwards to organization level with attrition

• Train the Trainer• Clear Career Paths• Succession Planning• Motivational Speeches by Eminent

Guest

Page 9: Rigorous HR - Presentation by KPMG

Process Oriented & Continuously improving HR

Quarterly Benchmark

Targets internally Define various

processes through process models &

industry best practices

Improve the processes / setup Empowered

workgroups to sort out issuesIndependent Audit

& Review of HR Group

Realign Training with changing industry needs

(WBTs)

Implementchanges across the organization Integrated

Competencies

Learning Portal

Page 10: Rigorous HR - Presentation by KPMG
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G.P.RastogiAssociate Director, KPMGMobile : 98108-57557Email : [email protected]