The key objective of PwC’s “Smart HR Manager” technique is to assist clients in the Investment Management industry implement effective Human Resource Management practices so they attract, develop, retain and manage their most important asset – their people.
“Smart HR Manager” moves the HR Function from the traditional focus on recruitment and administration to a strategic management focus on employee development and use of enlightened reward and compensation policies to motivate and retain valuable employees.
“Smart HR Manager” recognises that in excess of 50% of costs in a typical service organisation are directly associated with Human Resources and that the knowledge, motivation, assignment and effective management of the workforce is critical to business success.
Aims
- To increase profit by minimising Staff Turnover and related costs
- To plan and support Rational and Effective Change in HR Management
- To promote Workforce Flexibility and Cost Efficiency
- To enhance Employee Motivation and Commitment
- To retain Valuable Employees
- To promote Best Practice standards