HR Governance is a hot topic. Despite the appeal of the buzz word governance is frequently not understood, not formally established, and often under-invested in by HR functions.
Every HR organization is in favor of governance but what is HR governance. That answer may vary by the organization, by the industry it is in, or even the leader of the HR function.
Having HR governance structure in place means to create orientation by providing rules, regulations, norms, and standard operating procedures related to people management. In the consequence, a proper HR governance structure can even impact the way an organization does business and makes decisions at the highest levels – right up to and including its top management.
To have a working HR governance structure in place helps to align human resources management with an organization’s overall strategy and its vision, mission, and values; to treat employees fairly, consistently, and in compliance with the law; to identify best practices, and finally also to control expenses and risks.
In the crisis, senior business leaders start to realize: people are the most crucial asset of each organization. Performance or underperformance, motivation or demotivation, orientation or disorientation can decide on the success or failure of an enterprise. Furthermore, personnel costs are in many industries often the single most significant cost effort for an employer.
For all reasons mentioned above, organizations should have a capable control instrument in place to steer on the one hand their most precious resource (the people) and on the other hand to control significant expenses.
As essential as it is for HR to be thoughtful about each form of governance one of the most common types of HR governance is the HR function’s governance committee.
This course is accredited by HR Certification Institute (HRCI)
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HR governance encompasses the oversight and leadership of HR strategy, related policy, and program results. More specifically, HR governance is comprised of two components: formal governance and internal HR governance. Formal governance involves the Board of Directors, and ideally, a standing HR or Compensation Committee. Internal HR governance consists of the CEO and management team’s approach and strategy to HR management and program efficiency and effectiveness.
With all the concern today around corporate governance, effective HR governance also facilitates compliance with legal and ethical obligations relating to people management practices. Having a proper HR governance structure in place can even impact the way an organization does business and makes decisions at the highest levels — right up to and including its board of directors.
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC). SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
This certification has been approved for 18 Businessrecertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™, and SPHRi™ recertification through the HR Certification Institute.
This course is endorsed by HRCI.
HRCI endorsement is the industry recognized benchmark for high-quality HR training programmes.
Supported by their quality assurance system, endorsement confirms that our training programme is professionally designed and delivered to exacting standards.
Management of the HR function itself
Employment value propositions
Authority for people management decisions
Employment policies and procedures
Risk management and audits
How does HR governance align with organizational strategies?
Governance and board structure
Governance and HR management
Legal duties of directors
Role and responsibilities of HR management
Legislation related to employment and board responsibility for compliance
Fulfilling your obligations as a board member
Structure and Accountability
Philosophy and Operating Principles
Core Management Activities
Formalizing plan governance at a rapid-growth company
Structuring an HR council to accelerate change
The HR council’s structure
Considering council structure, behavior, and protocols
Council structure and composition
Optimizing Council Effectiveness
Implementing a Governance Philosophy and Operating Principles
Managing HR’s Core Activities
Monitoring Performance and Contribution
Governing for Superior Performance