 |
| Various Problems Handled by HRD in Companies |
HRD in companies plays an important role in workforce management. What are the various problems handled by HRD in companies? Check it out here!
Human Resource Development (HRD) is a position in a company that is responsible for managing and developing Human Resources (HR). Just like other positions in a company, HRD also has duties and functions that are no less important, namely to ensure that the company has competent workers.
Therefore, HRD often overcomes several problems related to HR in the company. Understanding the duties and functions of HRD is important, especially if you want to study this profession.
Duties and Functions of HRD in Companies
Before knowing the various problems handled by HRD, let's first see what the functions and duties of HRD are in the company.
1. Recruiting and Selecting Prospective Employees
If you have ever participated in a job recruitment process, you may be familiar with the duties of HRD in companies that recruit and select new prospective employees.
The company's HRD is tasked with finding and identifying qualified prospective employees to fill vacant positions in the company.
2. Conducting Training and Development
Because the company's HRD is responsible for the quality of other workers, HRD will usually organize training and career development programs.
So, employees in the company can improve their skills which will later have an impact on achieving better company targets.
One of the training programs that can be held for employees is managing better finances through the Financial Wellness program. Financial Wellness is an employee welfare program that can be realized by companies to help their employees manage their personal finances through resources, information, and guidance from professional financial planners.
From this program, employees can reduce stress due to financial problems, increase productivity, and increase retention and engagement. So, in the end, it will also realize employee welfare in the company.
If you still have questions about financial wellness, it's time to schedule a consultation with a Financial Planner now!
3. Managing Employee Performance Management
The function of HRD in a company is also related to employee work management, such as conducting regular employee performance assessments or evaluations.
Then, HRD will provide feedback to employees so that they can help improve the quality of performance in the company.
4. Managing Internal Company Administration
In addition to recruiting new employees, HRD's duties in the company also manage employee administration including employment contracts for new employees. In addition, HRD also stores and manages company policy data and training records to improve the quality of the workforce.
3. Overcoming Conflicts Between Employees
Not all employees in a company have good working relationships. Sometimes some employees have conflicts that must be handled by HRD. Of course, conflicts between employees require HRD to intervene, because this can disrupt the work environment in the company.
When faced with this problem, HRD usually acts as a mediator between problematic employees to ensure that there is a fair solution.
4. High Employee Turnover Rate
A problem that is also often faced by HRD is related to the entry and exit of employees in the company, whether they leave voluntarily or not. A high employee turnover rate can be detrimental to employees, especially if the company has spent high recruitment and training costs for its employees.
That is why one solution that HRD often does is employee retention, which is a strategy to retain potential employees to be loyal to the company. In addition, various training programs such as financial wellness.
5. Employee Performance Assessment Process
At certain periods, employees will usually receive assessments from their colleagues and superiors. Well, unfair performance assessments will usually cause dissatisfaction and demotivation among employees.
Problems like this will usually be resolved by HRD by creating an objective and measurable assessment system according to its standards.
6. Salary, Insurance, and Tax Issues
Salary, insurance, and taxes are some of the things that are quite sensitive and often become problems handled by the company's HRD. HRD must ensure that all compensation including salary, allowances, insurance, and taxes are managed properly and fairly.
This problem is indeed quite complicated and must be addressed carefully. That is why HRD will usually use an automatic payroll system and utilize financial applications. In addition, it is also important for HRD to understand effective financial management in the company, especially concerning the interests of the workforce or HR. Manage Employee Finances Effectively.
Of the various problems handled by HRD in the company, one of the most crucial problems is employee finances. This financial management will usually have an impact on employee work productivity. That is why together with the company's finance team, HRD needs to have a good understanding of employee finances such as salary, allowances, and other compensation.
Well, you want to explore the field of HRD and are still confused about how to solve the problem, you can consult finances with a Certified Financial Planner in your place. Schedule a consultation now!