Human Resource Management

People are the most important component of performance. Performance management solutions with real impact are an integral part of HR management. HR professionals are not the only target group, as gains are distributed from executive and line management through entire company hierarchy. Linkage of strategy with the right people and execution is the key to success.

HR performance management includes

• Evaluation of employee performance
• Business execution aligned with management of competences and training
• HR controlling applied to all employee-related financial and business data
• Total workforce management optimizes in- and outsourced staff as the best proportion of cost and competencies
• HR scorecard to locate weak and strong points in HR department activities

Typical HR controlling solution covers

• HR reporting and analysis
• HR planning and modelling
• Integration of all employee related data and KPIs in multidimensional data cube
• Headcount and FTE
• Turnover, increases and internal migration of employees
• Personnel cost breakdown from the financial perspective
• Salaries per categories
• Bonuses paid and calculations of bonuses and provisions
• Working time structure, vacations with provision calculations, sickness, and overtime
• Employee performance based on MBO
• Open positions, number of high potentials, etc

HR performance management solutions also contain important extended functions

• Integration of external benchmarks with internal categories
• Automated calculation of comparison indicator per individual employee
• Automated calculation of salary increases based of employee performance and relative market value of position
• Modelling of necessary measures such as downsizing

Aligned HR functions and consistent performance management focus is an important element of business execution. Business Execution solutions can significantly support this role. For related information, see: Business Execution.

Should you require further information or a free assessment and solution concept contact us.