Eight New Years HR Resolutions for your Company

5 January 2009:

Take advantage of the downturn to keep mentoring, developing, and motivating employees—particularly the potential leaders. Maximizing employee productivity will be key in the months (years?) ahead.
Ensure that the company’s benefits strategy contains the right balance of high-end packages and financial conservatism. Help employees understand the cost of benefits, and encourage consumer-driven strategies to help them to choose their benefits wisely, but don’t forget the importance of a solid package as an employee recruiting and retention tool.
Keep on the lookout for changes in federal and state HR regulations. If there’s politicians in Washington, then the rules will keep changing—and not paying attention can end up causing you untold amounts of trouble.
You may be struggling a bit, but think how your competition feels. Don’t sit out the game; drive for market share and market dominance. It’s easier to do it now than when the economy is firing on all cylinders.
If you need to do reductions in force, do them as early as possible so that you can keep your organization focused on driving growth and revenue. Oh, and do them as professionally as possible.
If you need to hire, keep your focus on your employment brand. Build your culture, refine your mission statements, and don’t skimp on giving your company the personality it needs to distinguish itself from its competitors.
Review your vendor partnerships. Keep the ones that help you focus on your core business; cut the ones that you simply can’t afford in a down economy.
Give thanks (if applicable) that you’ve got the people you need for the challenges of 2009. If you’ve made the right choices, you’ve put the right players in place…and that means you’re ready for…well, anything.

Source: TriNet

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