HR skills and competencies are critical for success in the HR profession. They ensure legal compliance, attract and retain talent, drive organizational performance, support employee development, and build positive relationships within the workplace. HR professionals should possess strong communication, conflict resolution, employment law, strategic thinking, talent management, data analysis, and ethical behavior skills and competencies to effectively navigate the complex challenges of the HR function and drive business success.
Strategic compensation is a long-term approach that aligns an organization's compensation practices with its overall business strategy, including attracting and retaining top talent, motivating employees, and achieving business goals. It involves designing a compensation plan that is competitive, fair, and sustainable, while also promoting employee engagement and productivity.
People may have a negative perception of Human Resources (HR) departments due to their role in enforcing company policies and procedures, as well as for their involvement in employee layoffs and terminations. HR is also often seen as bureaucratic and disconnected from the frontline workers.