How to protect your business against rand volatility
Understanding the impact that a fluctuating rand has on your business lets you put contingencies in place to protect yourself. We look at some of those.
Human Resource professionals sometimes struggle to get the most from their best workforce. You may have plenty of applicants but not enough candidates with the right combination of skills, experience, work ethic and attitude to be top performers.
The goal of any HR Manager should be to ultimately help their company become an employer of choice and encourage employee engagement. It is not simple and does not happen overnight but your company can build a reputation as an employer of choice. Leadership and vision are required from those heading the company and for everyone to actively make an effort. You'll need the right HR software or solution.
The reward is worth the effort. Top employers tend to have more engaged employees and better recruiter results. By starting smoothly, you make a great first impression for the candidate, making your organisation their company of choice.
By taking a holistic view of employee time and attendance, you can track which departments are struggling with people management and where additional support may be required for employees to gain genuine job satisfaction and feel valued by your business.
Using the right Human Resource software also allows you to plan ahead for any surprise requirements, should there be an increase in demand for products or services like when a seasonal or new product or service launches.
A solution that works with the software you use enables your business to grow faster and more efficiently.
An ideal HR solution must make up part of your everyday tools and is something that is used to help you do the best job possible. Most importantly, the Human Resource software or solution that you use should help you serve employees who are key to the lasting success of your business.
Effective tracking right from the start, through to the recruitment and hiring process and during your employees' entire career progression, is vital to keeping your workforce happy and productive.
Automated time and attendance features allows you to gain insight into your employees' working patterns: how much overtime employees work, how much leave they use and which departments have higher absence rates than normal.
Understanding the impact that a fluctuating rand has on your business lets you put contingencies in place to protect yourself. We look at some of those.
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