Module 9 HRM Best Practices
Module 9 HRM Best Practices
Module 9 HRM Best Practices
HUMAN RESOURCE
MANAGEMENT
Twelve HR
best
practices
1. Rewards
and
recognition
Rewards and recognition
programs have the ability to
impact many aspects of a
business, including employee
engagement, turnover,
productivity, and morale.
2. 360
feedback
It is a system where
employees are given anonymous
and confidential feedback on
their competencies by their direct
reports, manager, peers, and even
customers.
To conduct feedback 360,
an online anonymous feedback
form is sent to about 7 to 12
people that covers questions on
a broad range of competencies
related to the employee’s job.
This system enables HR to collect
unbiased feedback, better
understand HR development
requirements (training, behavioral,
leadership etc.), and get a holistic
perspective about a potential
leadership candidate.
3. Knowledge-
sharing
culture
Knowledge sharing is an
internal knowledge
management process that
empowers employees to
exchange information or skills
with their peers.
To build a knowledge-sharing culture
, HR teams can:
• Hire a knowledge manager.
• Invest in a knowledge base software
tool.
• Creating a set of internal guidelines to
explain how employees should share
their knowledge can make the process
easier for them to follow.
4.
Transparency
Transparency is one of the
essential HR best practices
as it fosters trust, trust
fosters security, and security
fosters loyalty.
5. Ongoing
training
program
Ongoing training program