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An Intensive 5-Day Online Training Course

Effective HR Audit for Strategic Alignment

Measuring the Return on Investment of Your HR Function

  • Format: Live / Online
  • Duration: 5 days
  • Language: English

DATES

30 Jan - 03 Feb 2023 Live/Online US $ 2950 Enroll now
INTRODUCTION

Human resource audits can help identify whether the HR department's specific practice areas or processes are adequate, legal and effective. The results obtained from this review can help identify gaps in HR practices, and HR can then prioritize these gaps in an effort to minimize lawsuits or regulatory violations, as well as to achieve and maintain world-class competitiveness in key HR practice areas.

This highly participative EuroMaTech online training course will focus on benchmarks against which HR function effectiveness can be measured. This premise has reached critical momentum in times of financial crisis and in the post pandemic era. The inability to specify a return on investment in human capital operations fuels may fuel negative perception and even corrode respect for HR. While financial audits are required by law, audits in HR are mostly discretionary unless required by specific legislation. In many organizations this perception is an obstacle for HR professionals seeking to be “at the table” and viewed as a strategic partner contributor to organizational goals.

Through facilitated discussion, group and individual hands-on exercises, this workshop will show you how to develop and conduct an HR Audit. You’ll discover how to use different types of benchmarks and indicators to produce a HR Scorecard which will reveal the true state and comparative effectiveness of your HR function. You will learn to use audit results to construct strategic and action plans to address gaps and inefficiencies.

Participants attending this online training course will develop the following competencies:

  • Understand the value of audit and compliance as a benchmark standard
  • Learn how to transfer, adapt and apply best practices
  • Align strategy and operations in support of business growth
  • Balance the requirements of HR, people management and development and business growth
  • Enhance HR’s significant contributions to achieving business goals for their organization
TRAINING OBJECTIVES

The EuroMaTech online training course on Strategic Planning in the Public Sector aims to help participants to develop the following critical objectives:

  • Understand HR Metrics and Benchmarks
  • Use Global and Best Practiced Benchmarks to conduct an Audit
  • Organize employee records and files cost-effectively.
  • Identify areas of weaknesses in their organization’s processes: recruitment and selection, employee records keeping, performance appraisal, and payroll.
  • Create an effective action plan to improve the HR processes from an organizational perspective.
  • Relate the importance of an efficient employee record keeping process to their organizational financial wellbeing.
  • Develop a detailed and accuracy-focused approach to Human Resources.
  • Construct strategic action plans to address gaps and inefficiencies
  • Develop Action Plans to address Audit results
  • Build an effective HR function aligned to business strategy
WHO SHOULD ATTEND?

This online training course is suitable for a wide range of professionals, but will be particularly beneficial to:

  • Anyone with responsibility for the HR function or any particular aspect of its management
  • Financial Managers or anyone interested in improving the efficiency of HR Management in their organization and controlling its costs.
  • Internal auditors
  • Management accountants
TRAINING METHODOLOGY

This online training course will combine presentations with instructor-guided interactive discussions between participants relating to their individual interests. Practical exercises, video material and case studies aiming at stimulating these discussions and providing maximum benefit to the participants will support the formal presentation sessions. Above all, the course leader will make extensive use of case examples and case studies of issues in which there has been personal involvement.

TRAINING SUMMARY

This unique EuroMaTech online training course on Effective HR Audit for Business results covers discussion of critical areas of HR Planning and Strategy, and will have above all a practical focus on effective and efficient decision-making based on proven evidence and process, in conditions of increasing complexity.

The focus of this course is on the actions required for HR to achieve optimal internal productivity, for the benefit of the organization. This will include detailed presentation and discussion of contemporary leading-edge approaches to leading HR practices coupled with strategic planning.

TRAINING OUTLINE
Day 1 – The Context of having a HR Audit
  • Overview and Background of HR Audits
  • Rationale for Conducting an HR Audit
  • Ensuring the cost-effective utilization of an organization’s human resources
  • Ascertaining compliance with legislation and legal regulations
  • Meeting potential challenges and contributing to the organizational bottom line or mission
  • The Parameters of HR Audits – Types, Focus, Timing & Costs
  • Who Should Conduct an Audit?
  • The HR Audit Process: A Model
Day 2 – Strategic Benchmarking for an Optimal HR Function
  • The Importance of Finding Correct Measures
  • What can and cannot be measured
  • What statistical measures are appropriate?
  • The precision and reliability of current metrics applicable to the HR function
  • Developing Benchmarks and Key Performance Indicators (KPIs)
  • Available and accepted sources for benchmarking
  • Internal development of benchmarks
  • Gaining organizational acceptance of the benchmarking process
Day 3 – Conducting the HR Audit
  • Conducting an actual HR Audit
  • Addressing Pitfalls and perceptions
  • The rationale of Internal staffing and outsourcing considerations
  • Analysis and Use of Audit Results
  • Quantitative and Qualitative methods
  • The Balanced Scorecard as an Appropriate framework
  • Statistical analysis for non-Statisticians
  • Case Study discussions
Day 4 – Ensuring Sustainability of HR Functions and Strategic Initiatives
  • Using Audit results in each HR function
  • Developing actions plans to address Audit results
  • Learning review, evaluation and closure
  • Sustainability in planning and how it is measured
  • Communicating the results
  • Case Study Discussions
Day 5 – Fostering a climate of continuous improvement 
  • A framework for an effective HR Audit and Strategic plan
  • Aligning strategic and operational activities
  • Setting realistic and ambitious goals and performance measures
  • Linking planning, implementation and review
  • Anticipating and reacting to expected and unexpected developments
  • The practice of continuous renewal and development
  • Overview of course and delegates’ plans for follow-up action plans
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