I need some help from you. I have been selected for the position of HR Head at an IT company. However, the owner has asked me to prepare a comprehensive presentation before joining. This presentation should demonstrate the value I can add to the company.
Focus Areas for the Presentation
I plan to focus on enhancing process efficiency, introducing AI in necessary processes, developing strategies to reduce employee attrition, and building the company's brand. Can you suggest other important topics I should include in the presentation?
From India
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Focus Areas for the Presentation
I plan to focus on enhancing process efficiency, introducing AI in necessary processes, developing strategies to reduce employee attrition, and building the company's brand. Can you suggest other important topics I should include in the presentation?
From India
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Dear Pratik S,
Congratulations on being selected as Head of HR of the IT company. You may prepare the presentation on the following points:
Employee Turnover Rate
- (Separations / Average number of employees) * 100
- Visualization: Line or bar chart showing trends over time.
- Target: Reduce the rate
Time to Hire
- Total days to hire / Number of hires
- Visualization: Gauge chart or bar graph by department/role.
- Target: Complete the hire within the specified turnaround time
Employee Retention Rate
- ((Employees at period end - Employees who left) / Employees at start) * 100
- Visualization: Line chart showing retention trends.
- Target: Increase the rate
Employee Engagement
- Measurement: Survey scores
- Visualization: Heat map or bar chart by department/team.
- Target: Increase the engagement score
Absenteeism Rate (include this ratio only if applicable to your industry)
- (Total days absent / Total workdays) * 100
- Visualization: Line or bar chart showing trends.
- Target: Reduce the rate
Training and Development
- Measurement: Effectiveness scores
- Visualization: Bar charts for hours, pie charts for completion rates.
- Target: Measurement of ROI for as many training programs as possible
Diversity and Inclusion
- Measurement: Diversity ratios, inclusion survey scores
- Visualization: Pie charts for ratios, bar charts for scores.
- Target: Increase the ratio
Cost per Hire
- Formula: Total recruitment costs / Number of hires
- Visualization: Bar graph by roles or departments.
- Target: Reduce the cost
Inclusion of AI in HR
Two activities of HR where AI can be used are recruitment and HR Analytics. In the former, AI assists in filtering the applications of job candidates without bias and with extraordinary speed, while in the latter, the HRMS should be able to predict future attrition. Additionally, AI should reduce manual or repetitive tasks so that HR professionals can spend their time on productive activities.
Measurement of Your Effectiveness
During the presentation, tell the owner that you would like to measure the HCROI. This ratio is the focal point of all activities. HCROI while joining and leaving will be a classic measure of your value addition.
HR Budget
Modernization or automation comes with a price. Therefore, during the presentation, please include the topic of budgetary allocations as well. This is because, in a large number of companies, they expect the HR department to function like Infosys or Wipro, but when allocating the budget, they allocate it as if their company belongs to the MSME!
I wish you all the best!
Dinesh Divekar
From India, Bangalore
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8071Congratulations on being selected as Head of HR of the IT company. You may prepare the presentation on the following points:
Employee Turnover Rate
- (Separations / Average number of employees) * 100
- Visualization: Line or bar chart showing trends over time.
- Target: Reduce the rate
Time to Hire
- Total days to hire / Number of hires
- Visualization: Gauge chart or bar graph by department/role.
- Target: Complete the hire within the specified turnaround time
Employee Retention Rate
- ((Employees at period end - Employees who left) / Employees at start) * 100
- Visualization: Line chart showing retention trends.
- Target: Increase the rate
Employee Engagement
- Measurement: Survey scores
- Visualization: Heat map or bar chart by department/team.
- Target: Increase the engagement score
Absenteeism Rate (include this ratio only if applicable to your industry)
- (Total days absent / Total workdays) * 100
- Visualization: Line or bar chart showing trends.
- Target: Reduce the rate
Training and Development
- Measurement: Effectiveness scores
- Visualization: Bar charts for hours, pie charts for completion rates.
- Target: Measurement of ROI for as many training programs as possible
Diversity and Inclusion
- Measurement: Diversity ratios, inclusion survey scores
- Visualization: Pie charts for ratios, bar charts for scores.
- Target: Increase the ratio
Cost per Hire
- Formula: Total recruitment costs / Number of hires
- Visualization: Bar graph by roles or departments.
- Target: Reduce the cost
Inclusion of AI in HR
Two activities of HR where AI can be used are recruitment and HR Analytics. In the former, AI assists in filtering the applications of job candidates without bias and with extraordinary speed, while in the latter, the HRMS should be able to predict future attrition. Additionally, AI should reduce manual or repetitive tasks so that HR professionals can spend their time on productive activities.
Measurement of Your Effectiveness
During the presentation, tell the owner that you would like to measure the HCROI. This ratio is the focal point of all activities. HCROI while joining and leaving will be a classic measure of your value addition.
HR Budget
Modernization or automation comes with a price. Therefore, during the presentation, please include the topic of budgetary allocations as well. This is because, in a large number of companies, they expect the HR department to function like Infosys or Wipro, but when allocating the budget, they allocate it as if their company belongs to the MSME!
I wish you all the best!
Dinesh Divekar
From India, Bangalore
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Performance Management Process - Power Point Presentation.pp t