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7 Human Resource Best Practices (A mini-guide to HRM)
7 Human Resource Best Practices (A mini-guide to HRM)
Human Resource best practices have been around for decades. They have served as guidelines for many HR professionals. But what do they entail, and why are they so important? In this article, we’ll go over the 7 best practices for HR.
In this article:
1. Human Resource best practices
2. Seven HR Best Practices
2.1 Providing security to employees
2.2 Selective hiring: Hiring the right people
2.3 Self-managed and effective teams
2.4 Fair and performance-based compensation
2.5 Training in relevant skills
2.6 Creating a flat and egalitarian organization
2.7 Making information easily accessible to those who need it
3. Synergies between HR best practices: Bundles
4. Human Resource Management best practices: a reality check
5. Conclusion
Human Resource best practices
The first question is: what are HR best practices?
Best practices are a set of Human Resources Management processes and actions that work universally. In HRM research, there are two schools of thought on how to manage people. The first one is best fit, the second is best practices.
The best fit school states that in order to add value, human resource policies should align with business strategy. This means that HR should focus on both the needs of the organization and the ones of its employees.
The best practice school argues that there is a set of universal HR processes that lead to superior business performance. According to its proponents, there are certain bundles of HR activities that support companies in reaching a competitive advantage regardless of the