Strategic HRM and Outsourcing

Outsourcing is primarily about relationships- companies with their employees and managers, HR generalists with their vendors, vendors directly with employees, HR with senior leadership. Those companies that recognize this as well as the seismic culture change that outsourcing represents and then aggressively manage those changes with thoughtful planning, communication, measurement and reporting are the ones that achieve faster and better outsourcing results. Continue reading

Strategic Compensation Systems

Compensation refers to all forms of financial returns and tangible services and benefits employees receive as part of employment relationship (Mickovich and Newman 2005). It is an integral part of human resource management. A strategic perspective on compensation focuses on the patterns of compensation decisions that are critical to the performance of the organization. Continue reading