Professional Documents
Culture Documents
An HR strategy is a
People and strategy adopted by an
benefits organization which aims
to integrate
organization’s culture,
it’s employees and their
Vision, Culture, performance and the
Mission, HR Leadership systems by coordinating
Values, Strategy and Systems a set of actions to
Business Goals
achieve its business
goals. Thus, the
alignment to the
business goals, values,
Performance
vision and mission is
necessary.
A. ORGANIZE:
a. Create a Employee Handbook
i.Vision, Mission, Goals, Values and Code of Conduct for
all- In the initial days of a start-up, it is the founders who set the
values of their company. The effort in putting this together helps
them in making tough decisions. These values, when practiced on
a regular basis forms the culture of the organization and defines
the code of conduct.
ii.Employee Benefits such as leaves, paid offs and other tax
benefits- The bare minimum a start-up can do to their
employees is to give them flexibility in taking leaves or offering
paid offs or some tax benefits such as Sodexo and Zeta cards.
iii.Protocols and policies for the use of technology, sharing
confidential information and communication within the
employees- Depending on the type of start-up and the intensity
of technology used, founders can decide on the protocols and
policies for its usage and protect the misuse.
iv.Performance Management process- This part is more often
neglected by the start-ups. The major reason is unclear work to
be done, lack of KPIs i.e key performance indicators, and the time
investment required to create the process.
B. MOTIVATE:
a. Recognition to employees and their contributions in forums
b. Acknowledge their employees as unique
c. Transparency in communications and future goals.
C. RETAIN:
a. A Paid vacation/a fortnight break- A paid vacation or a fortnight
break isn’t big enough than investing your time in hiring a new employee.
Give your employees some time-off from the work.
b. Flexible working hours- Work from homes, second Saturdays off or
flexibility in working while focusing on the goals to achieve is one of the
ways to retain employees.
c. Employee Stock Ownership Plan- To retain your best employees,
offering ESoPs is one of the ways to retain them.