Human Resources and Training
Incorporating Risk Management in your HR policy
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Incorporating Risk Management in your HR policy Course
Introduction:
Course 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 Outlines:
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
Developing HR Metric
- 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
Introduction to HR Audit
- 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 the value of human capital
- Assessing your employment brand
- Assessing workforce needs
- Assessing employee commitment and engagement
- Discussion of employee surveys to validate audit findings
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
Practical Applications of HR Audits
- Identifying 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
