In order to achieve true business impact, SME’s should be measuring the following top five commercial strategic HR metrics as they are critical performance indicators that will positively affect an organisation’s sustainable competitive advantage and profitability.
1. Recruiting Effectiveness
Develop a campaign to improve employer image. I specialise in employer branding to develop employee value proposition (EVP).
Ensuring that, when advertising for a position, the key employer branding attractions and ‘features’ of the job and EVP are also included to attract the right applicants.
2. Critical Talent Retention
One key influence in staff retention and business growth is getting new staff members up to speed.
I can help you set up mentoring or ‘buddy’ programs for new recruits using my induction/orientation process design skills to facilitate these programs successfully.
3. Continuous Performance Leadership Development
Leadership is a behaviour not a job title. Implementing a continuous approach to performance leadership improvement and coachability, assumes you’re already aware of the issues surrounding traditional performance appraisal type processes.
I have taken key learnings from numerous implementations across different industries, organisations and team cultures and can help you successfully introduce a continuous performance leadership development process into your organisation.
4. Compensation and Pay Equity
Though the amount of pay does not seem to be most important for staff retention, a fair level of pay will still be an important influencer of job satisfaction.
I can help you research and benchmark salaries to ensure you are meeting the appropriate criteria for the role within your employer brand image.
Identifying, publishing and sharing company objectives and the relevant KPI’s are critical.
My approach to continuous performance development empowers employees by asking how they will contribute to these company level priorities. Advocate combining Objectives and Key Results into the OKR approach.
Message me now about how I can help you and your staff stay productive and profitable in the current climate.