Demonstrating the Value of HR

Question 1

An organization’s HR policies, practices, procedures, and strategies undergo a systematic and comprehensive evaluation to establish whether specific HR practices are adequate to achieve the function’s goals.

Answer 1

HR audit

Question 2

Focuses on how well the organization is complying with current employment laws and regulations

Answer 2

Compliance

Question 3

Helps the organization maintain or improve a competitive advantage by comparing its practices to those of employers identified as having exceptional HR practices

Answer 3

Best practices

Question 4

Focuses on the strengths and weaknesses of systems and processes to determine whether they align with the HR departmental and/or the organizational strategic plan

Answer 4

Strategic

Question 5

Focuses on a specific area in the HR function (e.g., payroll, performance management, records retention, etc.)

Answer 5

Function-specific