Technology has enabled the world to automate a lot of transactional and analytical work. More than ever before, people at all levels are influencing the course of an organization. HR is now required to sit at the table, be a business partner and drive solutions which augment the only true differentiator that a company has, its people.
SOL ACE (School Of Light Annual Consulting Engagement) is an integrated Retainer HR model wherein long term HR support is provided through a combination of onsite deployment of resources, centralized excellence teams and cutting edge technology. Our constant engagement with diverse sectors ensures that we remain current with industry issues and resolution themes. It’s an advantage that simply cannot be had by an internal HR team.
SOL ACE is structured to deliver consistent efficiency at an optimal price.
An efficient structure plays an enabling- revitalizing role for an outcome focused organization. The hallmark of a great organization structure is ease and ability with which a company delivers the desired product/ service, manages efficiency, builds contingency and retains bottomline. In SOL ACE, the challenge is to build a definite direction within which the subsets of the structure can be explored without excessively interfering with regular operations.
Talent provides a formidable edge to every organization in the competitive landscape. Talent mapping begins at being able to understand the external environment, nature and history of a company, its contributing subsystems and their interlinkages, to gain an insight into constitution of manpower required. It also calls for the deep understanding of the business and job roles within them, to channel manpower availability dynamics into acceptable fulfillment solutions especially for critical talent segments.
Performance management is fundamentally an opportunity for the organization to align itself periodically to sharpen collective focus, strengthen cohesion and pursue the north star. Clear goal setting, objective evaluation and aspirational reward programs make performance management process build reliability for the organization and nurturing careers for employees.
An organization’s agility can be augmented or limited by the skills it has and/or creates. SOL ACE attempts to look at organizational aspirations and translate them into skills/competencies required in the now as well as future. It involves being able to create long range and price conscious solutions towards a larger capability building and retention agenda.
Policies ,Procedures & Systems
Policies, Procedures and systems enable the efficient functioning of the organization whilst ensuring it is in compliance with the law of the land. An ongoing challenge when designing and implementing policies and procedures for the Indian environment is to stay within the framework of all applicable, archaic we may add, labor laws while catering to novel business needs and a demanding breed of employees. The market practice for each tier of organization also needs to considered to ensure that the company stays at best appealing and at least comparable in the job market. A healthy functional ecosystem goes a long way in building a strong lasting culture anchored to the values of the organization.
Compensation and benefits
The power of compensation and benefits, as a motive in itself as well as motivation, cannot be undermined. It traverses from sustenance to aspirations across various periods for all individuals. It also is the most influential HR tool when contributing to working capital requirements.
By design, it can keep fixed costs low yet offers aspirational earning opportunities for the deserving through mechanisms such as Variable pay plans, incentive schemes and employee stock option programs. In behavior it can mimic the bell curve in retaining high performers while being rid of the opposite.
Payroll management involves precise data collation, complex and often last minute calculations to deliver accurate output on time, everytime. It is also the single most important part of HR related compliance. The challenge in payroll management is to get an entire organization on song to the process with administrative transparency.
Rewards and recognition
Being a race tagged as ‘social animals’, we are more so than ever before. With the social media deeply entrenched in our psyche, recognition in itself has become a reward. A good rewards and recognition program should go beyond rewarding, in that it should encourage and promote desirable behaviors thus reinforcing the values and culture of the company
The age of technology and innovation has warranted a strong ability to anticipate the implications of current decisions. In an immensely competitive global business environment, even the most compelling hunches need to be validated. Analytics is not only a source of corroboration of reality but an opportunity to see alternative reality. Data speak can authentically support navigation and prioritization through dynamic environment.