The Value Of Sound People Practices - Getting The Basics Right

THE VALUE OF GOOD PEOPLE PRACTICES - GETTING THE HR BASICS RIGHT

Getting the Human Resources basics right is a best practice and an investment in your business, in your organization’s greatest asset: your employees, and in your sanity- with significant positive returns. Good HR practices that are aligned with your organization bring synergy, energy, focus, purpose to your staff and are neither difficult nor expensive to achieve yet very expensive when lacking. The cost of disengaged employees to an organization's revenue, profits, productivity, and reputation is astronomical. Studies show that employee disengagement within companies ranges from 20 % to 80%. Can you afford to have 1 in 5 employees, or worse, 4 out of 5, “tune out”? What about the impact on only moderately engaged staff? Are your people practices working for you or against you?

To create sustainable and aligned HR practices, remember these essential principles:

1. “keep it simple"

2. do the right thing for your business

3. ensure that your people practices evolve as your business evolves.

“You can buy a man’s time, you can buy a man’s physical presence at a certain place, you can even buy a measured number of skilled muscular motions per hour or day.

But you cannot buy enthusiasm, you cannot buy initiative, you cannot buy loyalty, you cannot buy the devotion of hearts, minds and souls. You have to earn these things.”

Clarence Francis, 1888 – 1985, Chairman of General Foods