Talent Management - HR Operations

Reward & Recognition :

• This involves creating programs that reward employees for their hard work and achievements.
• Rewards could include salary, bonuses, and other financial incentives.
• Recognition focuses on non-financial methods of appreciation, like public acknowledgment, awards, or opportunities for growth.
• The goal is to boost employee morale and increase motivation by ensuring employees feel valued for their contributions.

Employee Engagement :

• This focuses on the emotional commitment of employees to the organization.
• It involves creating initiatives to foster a positive work environment, improve communication, and build relationships between employees and leadership.
• The aim is to keep employees motivated, productive, and loyal to the organization by improving job satisfaction and fostering a sense of belonging.

Performance Management System :

• This involves managing and evaluating employee performance against established goals or targets.
• It includes conducting performance appraisals, providing feedback, setting developmental goals, and identifying areas for improvement.
• A strong performance management system helps in recognizing high performers, identifying training needs, and aligning individual goals with organizational objectives.

Employee Life Cycle Management / HR Processes :

• The Employee Life Cycle refers to the stages an employee goes through during their time with the company from recruitment to exit.
  • This includes processes like hiring, onboarding, training, development, promotion, and offboarding.
• HR Processes refer to the standard procedures that HR follows to manage these stages effectively.
• Managing the employee life cycle ensures that HR operations are streamlined and that employees have a positive experience throughout their tenure with the company.