How Should a 5-Year-Old Company Structure Its Quarterly HR Plan for Growth and Motivation?

Ideal Quarterly Plan for a 5-Year-Old Company

What should be the ideal quarterly plan for a company that has been in business for 5 years? How should the HR plan be structured to facilitate growth and keep employees motivated? Please advise on the ideal quarterly HR plan to drive company growth and maintain employee motivation.

Regards

Dear Neha, you can plan along the following lines:

1. Manpower Budgeting for the next quarter, gap analysis, and cost reduction.
2. Analyze the attrition rate from the last quarter and develop an employee engagement plan.
3. Develop a retention strategy (for example, prioritize retaining top performers by setting a target to keep all employees with A, B, C ratings from this year's appraisal).

Honestly, providing suggestions on Strategic HR cannot be adequately done in brief write-ups as there are many factors to consider. Identify areas that did not perform well in the last quarters and strategize to improve them.

For any further clarification, feel free to write or discuss.