Hi all, I have recently joined a financial firm where I need to set up the HR department from scratch. This firm has 25 employees, and the culture is quite open. Can you please advise me on how I should go about it?
From India, Pune
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From India, Pune
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As this is a small firm, you need to systematize the operational aspects of the HR department's functioning. First of all, gather all the data on the number of employees, their backgrounds, career profiles, compensation structures, career growth profiles, and grade-wise distribution, etc. Then, look into the legal and statutory compliances like PF, ESI, Gratuity, Bonus, Shop & Establishment, etc.
Preparation of Policy Documents
Next comes the preparation of policy documents such as recruitment, standard designations, promotion policy, compensation structure, increments & bonus, leave, discipline & punishment rules, and superannuation policy, etc.
Training and Development Activities
Create a folio for the training and development activities, starting with the training needs assessment. You need to continually think about making the HR function a strategic partner to the business. So, try to understand the organizational strategy and integrate the HR plan to align with it.
From India, Mumbai
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1593Preparation of Policy Documents
Next comes the preparation of policy documents such as recruitment, standard designations, promotion policy, compensation structure, increments & bonus, leave, discipline & punishment rules, and superannuation policy, etc.
Training and Development Activities
Create a folio for the training and development activities, starting with the training needs assessment. You need to continually think about making the HR function a strategic partner to the business. So, try to understand the organizational strategy and integrate the HR plan to align with it.
From India, Mumbai
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Setting up HR department.pdf
HR department.zip