INTRODUCTION
HR experts and business leaders further note that misaligned, ineffective, and improper human capital management policies, practices, and processes create financial, operational, and reputational risks that can threaten an organization s bottom line, adversely impact sustainability, and reduce the organization s value for its stakeholders. Conversely, effective human capital risk management can create a competitive advantage, create new business development opportunities, enhance the effective deployment of resources, and create value. Thus the benefit from HR audits.
This training course addresses the benefits, procedures, and methodology of managing HR-related risks. It reviews the issue of human capital risk management and its impact on the organization. It further reviews key risk management and human capital management concepts, discusses methods of assessing risks, evaluates human capital KPIs, KRIs, and scorecards, and evaluates risk control and risk mitigation strategies and techniques.
OBJECTIVES
By the end of Incorporating Risk Management in your HR policy course , you will understand:
The key human resource risk management techniques and issues
Critical issues of human resources management
Risk management techniques in managing human capital related risks
Human capital risk management effectiveness through the use of HR audits
National benchmarking standards for human capital management
Key Performance indicators (KPIs) and Key Risk Indicators (KRIs)
Human capital metrics and human capital scorecards
Human capital risk management to help your organization seize opportunities and reduce liabilities
WHO SHOULD ATTEND ?
This Incorporating Risk Management in your HR policy course is ideal for :
Employment Managers
Employee Relations Professionals
Chief Talent Officers
HR Coordinators / Supervisors
Risk Managers and Professionals
HR Administrators
HR Analysts
Auditors
COURSE OUTLINE
Day 1
Introduction to HR Risk Management
Background of HR risk management
Key HR risk management concepts
Identifying key HR risk management issues
Developing an HR risk management plan
Assessing Human Capital Risks
Discussion of risk management issues
Determining human capital risks
Developing Key Risk Indicators (KRIs)
Discussion of human capital risk mitigation and risk appetite
Exercise: The Employment Practices Liability Risk Assessment Tool
Day 2
Developing HR Metrics
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Discussion of HR metrics
Determining relevant human capital measures
Developing Key Performance Indicators (KPIs)
Developing HR audit dashboard
HR Audit Model
Discussion of the critical components of an HR audit
Discussion of internal controls
Discussion of internal audit activities
Exercise: The HR Audit Worksheet
Day 3
Introduction to HR Audits
Background of HR audits
Evolution of HR audits
Developing an HR audit plan
Identifying key HR audit issues
Exercise: Pre-HR Audit Questionnaire
Assessing Strategic Alignment
Assessing of the value of human capital
Assessing your employment brand
Assessing work force needs
Assessing employee commitment and engagement
Discussion of employee surveys to validate audit findings
Day 4
Assessing HR Management Related Documents
Assessing employment posters and notices
Assessing job descriptions
Assessing employee application and other hiring forms
Assessing employee files
Discussion of employee handbooks
Assessing HR Management Processes and Practices
Assessing the recruitment, selection and hiring process
Assessing performance management
Assessing employee relations
Assessing the discipline and termination process
Discussion of Technology
Day 5
Practical Applications of HR Audits
Identifying to HR audit stakeholders
Discussion of HR audits for vendors, suppliers, and contractors
Discussion of HR audits in mergers and acquisitions
Discussion reporting and implementing HR audit results
DOCUMENTATION
High-Quality material has been prepared by the LPC team for distribution to delegates. In addition, a special note pad to facilitate note-taking will be provided.
CERTIFICATES
Accredited Certificate of completion will be issued to those who attend & successfully complete the programme.
SCHEDULE
Our Course timings commence at 09:00AM12:45PM Or 01:00PM - 05:00PM.
REGISTRATION & PAYMENT
Please complete the registration form on the course page & return it to us indicating your preferred mode of payment. For Further Information, please get in touch with us.
CANCELLATION AND REFUND POLICY
Delegates have 14 days from the date of booking to cancel and receive a full refund or transfer to another date free of charge. If less than 14 days notice is given then we will be unable to refund or cancel the booking unless on medical grounds. For more details about the Cancellation and Refund policy, please visit www.lpcentre.com/terms-and-conditions/
TRAVEL AND TRANSPORT
We are committed to picking up and dropping off the participants from the airport to the hotel and back.
CONTACT INFO
LONDON
Oxford Street Offices:
London - Oxford Street 25 N Row, London W1K 6DJ
+44 (0) 20 36 916 970
West London Office:
47 49 Park Royal Road London NW10 7LQ
+44 (0) 20 80 900 464 info@lpcentre.com
DUBAI
Business Bay, ParkLane Tower, Offices 718 - 719 dubai.training@lpcentre.com
KUALA LUMPUR
No. 03-06-05, UOA Business Park, Jalan Pengaturcara U1/51A, Section U1, Kawasan Perindustrian Temasaya, 40150 Shah Alam, Selangor
+60 19-305 5694
www.lpcentre.com
www.lpcentre.com