Managing Your HR Functions

Human resources are the most critical assets of any organization as the organization’s success lies in their ability to successfully drive the systems and processes put in place and in order for these employees to remain satisfied, every organization needs to have a specialized human resources department.

This proves to be a costly affair as managing human resources involves specialized activities such as recruitment, training, payroll administration, pension, Human Resources Information Systems (HRIS), employee retention, employee welfare and a lot more than many companies either do not have the proper resources or time to manage on their own.

That is why most companies today decide to outsource their human resources management functions; it is typically a process in which an organization uses the services of a third party to take care of its HR functions.

Our Solution

At HT-Limited, we have crafted a unique solution to guide organizations through a HR Management process with the right structure that allows for seamless operations while the business owner is freed-up to focus on the critical success factors to their business.

We help organizations put in place all aspects of Human Resources management such as workforce planning, staff engagement, performance management systems, succession planning, talent management, structure, welfare, salary structure, etc; following the following process:

  1. We will start the project by conducting a Human Resources Audit, which is a process of examining policies, procedures, documentation, systems, and practices with respect to an organization’s HR functions. Like any other function, the performance and contribution of HR should be audited regularly; auditing is a diagnostic tool, not a prescriptive instrument, it will help to identify what is missing or need to improve.
  2. After the audit, HT-Limited will work with the Management of your organization to put in place the right Job Descriptions, Staff Manual, Standard Operating Procedure and Performance Management Systems, a fair and mutually beneficial staff salary structure. 

Our Deliverable

We will act as your HR department in delivering the following HR Management imperatives:

  1. Job Functions and Specifications Audit
    • Defining the Job Role
      • What is the exact Job profile of the employee
      • What the roles and responsibility of the employee
    • Defining the Hierarchy
      • What is the reporting structure in the organization
  1. Human Resource Information System (HRIS)
    • Creating a database wherein all the details of employees are gathered. HRIS contains the information regarding employee’s personal details, leave record, attendance record, appraisal record, disciplinary record etc.
    • Making a standard document of employee Information
    • Useful in appraisals, promotion, internal resourcing, cross functional transfers, etc.
  1. Compensation Management
    • Designing of salary structure
      • Variable and Non Variable component
      • Taxable and Non Taxable component
      • Pension management
  1. Performance Management Systems Document
    • Review current practice
    • Design the best PMS that fits your organization’s culture.
  2. Company/Employee Manual
  3. Recruitment
  4. Training Needs Assessment 

Benefit Of Our Solution

Managing human resources involves specialized activities such as recruitment, training, payroll administration, pension, Human Resources Information Systems (HRIS), employee retention, employee welfare and a lot more than many companies either do not have the proper resources or time to manage on their own.

By outsourcing their HR functions companies can:

  • Save huge amounts of money and be free of complications that are otherwise involved in maintaining an internal HR department. With this, companies can concentrate on their core competencies saving their valuable time and resources
  • Outsourcing helps companies to make use of available labor and infrastructure facilities available in other companies and in turn cut down on manpower costs, reduce operational costs and capital expenditure.
  • Concentrate on Core Business -Back office operations of an organization are highly tedious and need specialized attention. Most of them are critical for the organization’s progress. By outsourcing their back office operations businesses can concentrate on their core competencies while their back office operations are being managed smoothly by a specialized third party company.
  • Skilled manpower at lower rates -Outsourcing gives an organization the chance to get access to skilled and trained man power at extremely lower rates that will lead to an increase in productivity and save costs in a major way.
  • Tax benefitsThe decision to go the way of outsourcing, will enable companies save up on taxes, which will in turn cut their costs
  • Increased productivityBy employing skilled manpower in more numbers at lower costs companies can highly boost their productivity in turn resulting in better customer satisfaction and increased profitability.
  • Beat Competition – In a fast paced economy an organization needs to provide the best service to its customers in order to retain them and do all this by keeping the rates low. Outsourcing in this case can help the organization maintain lower rates with better service thereby helping them to stay abreast of the competition. These outsourcing advantages are well an indication that the outsourcing market has a great future.