To help SMEs meet their HR capability needs, SPRING Singapore and the Singapore Workforce Development Agency (WDA) jointly developed an HR Capability Toolkit to improve and strengthen SMEs' human resource management capabilities by addressing HR gaps and promoting good HR practices.
The Toolkit provides the framework, guidelines, tools and templates to help SMEs systematically manage HR functions in the following six HR areas:
a. Manpower Planning - Assessing current workforce capabilities, demographics and determining future workforce requirements.
b. Recruitment and Selection - Soliciting applicants and assessing their suitability to fill recently-vacated or newly-created positions.
c. Compensation and Benefits - Designing and managing market-competitive compensation and benefits strategies and programmes.
d. Performance Management - Maintaining or improving employee job performance through objective-setting, appraisal, coaching and feedback.
e. Learning and Development - Planning for and conducting activities that develop employee capabilities, knowledge and know-how to meet business, organisational and individual needs.
f. Career Management - Establishing policies and processes which enable employees to set career objectives and determine appropriate educational and developmental programmes to further develop their skills to achieve short-term or long-term career objectives.
SMEs interested in applying the HR Capability Toolkit in their companies can download it for FREE by clicking here.
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