HR Trends That Are Becoming Best Practices and Adding to the Bottom Line

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HR Departments in today’s business world are no longer seen as only an administrative function which focuses mainly on mitigating compliance and employee relations.  They are becoming strategic partners working closely with the management team to align with the company’s business goals.

HR Departments no longer function solely behind the scenes.  Their in-depth knowledge of the workforce has made them important members of the management team.  Their unique insight plays a huge role in strategic business planning that affect the bottom line.  HR leaders have become key business partners because they have the insight into individual employees and the workforce as a whole.  No one else has this unique insight and the ability to keep a current pulse on these areas.  Because HR leaders interact with employees daily they understand employees’ strengths and shortcomings.  Having this knowledge allows HR leaders to give valuable recommendations on programs addressing skills shortages, succession planning, employee performance and satisfaction ratings.

In order to help business managers strategize, HR leaders need to be able to effectively and efficiently assess employees.  This requires them to be proficient in workforce analytics.  HR leaders are utilizing tools such as employee engagement and satisfaction surveys, 360-degree review software and social media to make it easy to track, analyze and share people data.  Collecting and understanding these analytics are important to solving complex “people issues” that could be obstructing the company from  achieving a specific business goal.

Another trend that is becoming best practice is the use of HR software.  HR technology provides automation that has allowed human resources  to work more efficiently in the areas of recruiting, benefit administration, leave administrative, on-boarding and off-boarding employees.  Many payroll providers have added these systems to their platforms making them more affordable and easier to integrate with existing systems.   HR is realizing the benefits of technology and it has now moved from a “nice to have” to a “must have”.  HR technology has allowed HR Leaders more time to spend on business strategy, finding and securing top talent and working with employees more than ever before.

Who is your HR strategic business partner?  Whether you have an HR department or not, can you afford not to have a strategic HR partner advising and gathering information regarding potentially the greatest expense to your bottom line?  Outsourcing strategic HR could be a solution for your company if you lack the internal resources to provide this expertise.  Whether you manage this function internally or outsource it, don’t be left out of today’s competitive market by not keeping a pulse on your people and their contribution to your bottom line.

scholleyScholley Bubenik is president of Premier HR Solutions in Austin Texas.  She has over twenty years of human resource management experience and a master’s degree in Human Resource Leadership from the University of Texas.

Premier HR Solutions provides business owners effective solutions for the people side of their business.  Scholley invites you to contact her for questions or comments at sbubenik@premierhrsolutions.net or visit www.premierhrsolutions.net

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Premier HR Solutions provides a variety of valuable HR services to emerging companies. If your company is seeking HR solutions that are similar to any of these, then call us today for a free consultation:

  • Is your company struggling to keep up with your business growth?
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  • Do you need assistance with recruiting or developing a recruiting strategy?
  • Are you unsure of how your company is complying with federal and state employment regulations?
  • How does your employee compensation compare to the current market? Are you paying your employees too much or not enough?
  • Are you starting a business and need HR advice, but not needing to hire a full-time resource?
  • Once we have your programs established, we will train your employees how to maintain them without the large overhead cost associated with senior HR management.

Premier HR Solutions For Any Size Business

Premier HR Solutions is a HR consulting firm serving small to medium size businesses. The company specializes in working with business owners to provide solutions to their human resource needs.

Why Choose Us?

We can provide senior HR leadership without the high cost of employing a full-time senior HR professional. We’ll become a member of your team offering discreet guidance and customized solutions. We’re not here to judge you or your problems, just to give you and your team a plan and resolutions. No project is too big or small for our experienced team of HR advisors.

Premier HR Solutions would love to hear from you.  Contact Scholley Bubenik at 512-799-7418 or email her at sbubenik@premierhrsolutions.net.