New HR Manager in Delhi: How Do I Tackle High Turnover and Build Strong HR Policies?

Hi all, happy Diwali to all. I have been newly recruited as an HR manager for a franchise branch of an insurance company, where including all staff, 20 people or more are required. As I'm new to this field, help me to calculate how many new personnel are required. Secondly, how and what HR policies to implement in this type of organization. What benefits can we provide to retain employees for the long run, as the labor turnover ratio is too high in this organization. Help me to design the structure?

Calculating Personnel Needs

I need assistance in determining the number of new personnel required for our branch.

Implementing HR Policies

Secondly, I seek guidance on how and what HR policies to implement in this type of organization.

Employee Retention Strategies

What benefits can we provide to retain employees for the long run, as the labor turnover ratio is too high in this organization?

Designing the Organizational Structure

Help me to design the structure?

Regards,

As an HR manager for a newly established branch in Delhi, India, your role is crucial in shaping the organization's success. To determine the number of new personnel required, consider the workload, business goals, and industry standards. Here are practical steps to implement HR policies and retain employees effectively:

1. Assess Staffing Needs:
- Evaluate current workload and future projections to determine the optimal number of employees needed.
- Consider factors like workload distribution, skill sets required, and potential growth opportunities.

2. Implementing HR Policies:
- Develop clear and comprehensive HR policies that align with labor laws in India, such as the Industrial Employment (Standing Orders) Act, 1946.
- Include policies on recruitment, onboarding, performance management, and employee relations.
- Communicate policies effectively to ensure understanding and compliance across the organization.

3. Employee Benefits:
- Offer competitive benefits packages to attract and retain top talent.
- Consider benefits like health insurance, paid time off, professional development opportunities, and performance-based incentives.
- Conduct regular surveys to understand employees' needs and preferences regarding benefits.

4. Retention Strategies:
- Address the high labor turnover ratio by implementing retention strategies.
- Focus on creating a positive work culture, providing opportunities for growth and advancement, and recognizing employee contributions.
- Conduct exit interviews to gather feedback and identify areas for improvement.

5. Structural Design:
- Design an organizational structure that promotes efficiency and clear communication.
- Define reporting relationships, roles, and responsibilities to avoid confusion.
- Encourage teamwork and collaboration to enhance productivity and employee satisfaction.

By following these steps and continuously adapting to the organization's needs, you can establish a strong HR foundation and contribute to the long-term success of the company.