The following is the response to my original comments
Sorry
but do not agree with your response. HR is not responsible for Benefits or
Compensation and does not own these expenses. Why do I say that?
Look at it this way. Who determines the headcount in each department? Who approves the compensation of each person and their earned bonus? HR? Not really.
Benefits are designed to meet a company goal/need. Once the designed is agreed to, the cost is not something HR has much control over. Can HR control benefits claims expense for medical plans? Nope. Can HR set the annual contribution to a Defined Benefit Plan? Nope. 401(k)? Nope.
HR's involvement these programs occurs when they are designed and implemented. After that the annual expenses is generally out of HR's control.
Alignment of HR to Finance (or any other department for that matter) can only occur at the Department Goals objective. Once Finance sets it goals for the year, (for example increasing or decreasing headcount), HR can implement plans that will support their objectives. And of course the Department Goals must be aligned with the Corporate Goals.
Look at it this way. Who determines the headcount in each department? Who approves the compensation of each person and their earned bonus? HR? Not really.
Benefits are designed to meet a company goal/need. Once the designed is agreed to, the cost is not something HR has much control over. Can HR control benefits claims expense for medical plans? Nope. Can HR set the annual contribution to a Defined Benefit Plan? Nope. 401(k)? Nope.
HR's involvement these programs occurs when they are designed and implemented. After that the annual expenses is generally out of HR's control.
Alignment of HR to Finance (or any other department for that matter) can only occur at the Department Goals objective. Once Finance sets it goals for the year, (for example increasing or decreasing headcount), HR can implement plans that will support their objectives. And of course the Department Goals must be aligned with the Corporate Goals.
My next blog will document my retort. Stay tuned it gets more interesting....
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