In light of disruptions caused by the COVID-19 pandemic, the process of preparing the HR budget for 2021 and related considerations will be very different than in previous years. HR leaders should look to apply these key strategies in planning a budget to meet the challenges of the year ahead.
As public health restrictions due to the COVID-19 pandemic ease, businesses are reopening and preparing to bring employees back to work. This resource outlines key considerations such as complying with legal obligations and avoiding discrimination; setting up effective health and safety protocols; and workplace strategies that employers should consider when returning employees to work in the wake of COVID-19.
The coronavirus pandemic has significantly affected how employers view remote working arrangements. Going forward, employers considering a more permanent switch to remote work post-pandemic should weigh the impact such a decision will have on key areas of the business, such as operations, talent management, recruiting, benefits, policies and more.
A strategic approach to HR requires understanding how to use human capital metrics to drive business decisions. Expanding the focus to include key measures relevant to the COVID-19 pandemic provides HR with a unique opportunity to leverage lessons learned for future crisis planning and gain insights into the full impact of the pandemic on the organization, its employees and other stakeholders.
XpertHR has a host of resources and guidance to help employers deal with the coronavirus (COVID-19) pandemic.
Editor's Choice: Guidance on the complexities of HR strategy. Strategic planning, an important HR consideration, can help an organization reach their full potential.
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Copyright © 2021 LexisNexis Risk Solutions Group
© 2021 LexisNexis Risk Solutions Group.