A qualified, stable workforce is a critical factor of success for any company.
HR DEVELOPMENT
A company’s workforce is one of its primary assets. FEKRA Consulting takes a determined, comprehensive approach to assess and provide effective HR solutions to our clients to transform its workforce into effective human capital—an integral component to the success of their business.
To achieve this, FEKRA Consulting works with our clients in the following areas:
Developing an HR Strategy
We help our clients devise an effective HR strategy that aligns the practices of its human resource function to their strategic directions and goals. This includes supporting the enhancement of the human factor in the client company.
Designing or Improving the Organizational Structure
We help design an organization structure that clearly defines the scope of work, responsibility, and accountability of each part of the business organization, in order to:
Improve efficiency by reorganizing and streamlining workflow between departments and the organizational units of company.
Define responsibilities for targets and objectives to enable implementation, monitoring, and taking corrective actions; and
Increase the accountability of managers and enhance performance measures across the company’s various units.
Getting the Best Performance From People
We design and implement performance management systems that link the performance of the overall company, financial and market performance, to each individual in the company through a structured, cascaded process. This improves the utilization of the current workforce, the achievement of desired company and departmental results on regular basis, and identification of the areas for skills improvement for current staff, or needs for acquisition of new talent from the market.
Designing a Best-Fit Pay Structure
We also work with our clients to prepare a fair and balanced pay structure that is linked to the current financial reality of the company, its future plans, and long-term ambitions. The new pay structure enables attracting talent to work within the company, retaining existing high performing staff, and linking pay to performance and achieved business results.
The pay structure (including salaries and benefits) we design ensures profitability in the short and long-terms: that the return for the company is greater than the cost of wages and salaries.
Enhancing the Leadership of The Business
Organizations succeed through their leaders, from a visionary founder, to strong business unit leaders, to competent department heads, to empowered middle managers. We work with our clients on improving the capabilities, knowledge, and application of effective leadership skills and techniques that achieve business results, identify opportunities in a changing market situation, and make the best use of the company resources.
We deliver this in a structured leadership program, one-to-one coaching, and on the job while we are engaged with our clients.
Creating Career Development and Succession Plans
Career development and progression is a significant incentive and a major contributor to a stable workforce. It is vital for ensuring employee satisfaction and retention. A stable, motivated workforce reduces work pressures within the company, and creates a favorable work environment that supports achieving the highest productivity levels.
In this regard, we work with our clients to develop career path and succession plans to ensure compatibility between the organization and its employees to achieve high productivity, as well as improve their career advancement potential and retention.