Question

In: Economics

The Human Resources Department has been up and operating for 18 months now. The CEO has...

The Human Resources Department has been up and operating for 18 months now. The CEO has asked for a report on the efficiency and effectiveness of the department. Prepare an outline of the steps that you would take to measure the effectiveness and efficiency of the department for the CEO.  

Solutions

Expert Solution

The HR department is mainly responsible for all the employee related tasks in the organisation. To measure the effectiveness and efficiency of the HR dept, the CEO must follow the given steps :

1. Establish various areas/parameters of assessment : these can be areas like that gauge motivation levels among employees, employee connectivity, employee engagement programs, attrition rate of employees, Time spent in hiring, dispute resolution effectiveness etc

2. Establish the control measures : The CEO must establish benchmark rates/control measures that the HR dept is expected to fulfil.

3. Measuring performance : The performance is then measured against each of the identified parameters.

4. Mapping the performance with standards: The performance is then measured against the industry standards or the control measures set by the CEO initially.

If the outcome is better than the standards, the HR Dept is working efficiently but incase it is less, then the dept is not effective or efficient.


Related Solutions

How would a human resources department use information in the operating budgets?
How would a human resources department use information in the operating budgets?
How the Human Resources Department rewards the employees?
How the Human Resources Department rewards the employees?
You have been recently hired in the human resources department at the company you have always...
You have been recently hired in the human resources department at the company you have always dreamed of working for. At the end of your first day, your manager, I. M. DeBoss, on her way out of the office says to you: “So Mr./Ms. Jones, what things come to mind when you think of the word “ethics”? Before you can answer, she asks you if you believe ethics are important for a company and if so why do you feel...
You have been recently hired in the human resources department at the company you have always...
You have been recently hired in the human resources department at the company you have always dreamed of working for. At the end of your first day, your manager, I.M. DeBoss, on her way out of the office says to you: “So Mr./Ms. Jones, what things come to mind when you think of the word 'ethics'?" Before you can answer, she asks you if you believe ethics are important for a company and if so why do you feel that...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department....
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments’ output for the year is as follows:     User of Service Provider of Service HR Computing HR 0 25 % Computing 20 % 0 Deposit 70 % 65 % Loan 10 % 10 %    The budgeted costs in the...
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department....
Tuscaloosa National Bank has two service departments, the Human Resources (HR) Department and the Computing Department. The bank has two other departments that directly service customers, the Deposit Department and the Loan Department. The usage of the two service departments’ output for the year is as follows:     User of Service Provider of Service HR Computing HR 0 10 % Computing 10 % 0 Deposit 60 % 50 % Loan 30 % 40 %    The budgeted costs in the...
Cutting Edge is a monthly magazine that has been on the market for 18 months. It...
Cutting Edge is a monthly magazine that has been on the market for 18 months. It currently has a circulation of 1.4 million copies. Negotiations are underway to obtain a bank loan in order to update the magazine's facilities. Cutting Edge is producing close to capacity and expects to grow at an average of 20% per year over the next 3 years. After reviewing the financial statements of Cutting Edge, Andy Rich, the bank loan officer, had indicated that a...
Department Budgeted HC Actual HC Finance 27 34 Human Resources 28 24 Marketing 20 18 Operations...
Department Budgeted HC Actual HC Finance 27 34 Human Resources 28 24 Marketing 20 18 Operations 60 54 Procurement 35 35 TOTAL 170 165 Using Excel: 1) In the column next to Actual HC, calculate the percentage of actual headcount for each department. 3) Insert a COMBO Chart, by selecting just the Department, Budgeted HC and Actual HC cell values (Do not include total).  Do not select % of actual count at this time. 4) Provide key findings/comparative analysis for each...
The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations...
The Legal Department (LE) and Human Resources Department (HR) of the XXX Corporation support the operations of Divisions A and B of the XXX Corporation. The total cost incurred by the Legal Department in supporting A and B is $2,000,000. The total cost incurred by the Human Resources Department in supporting A and B is $10,000,000. The Legal Department devotes 400 Person-Hours (PH) to support Division A, 600 PH to support division B, and 100 PH to support the Human...
If you were the Human Resources manager and wanted to convince the CEO/management team to implement...
If you were the Human Resources manager and wanted to convince the CEO/management team to implement a flextime policy (e.g., can work any 8 hours between 6 am and 6 pm) to assist employees with children (elderly parents, others) to care for, what would you say/do? You should present your post from the viewpoint of your role as the HR manager, a senior and experienced leader, to the CEO and his/her management team. It should be a comprehensive discussion or...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT