A policy initiative refers to the strategic actions taken by organizations to drive performance in different sectors. Businesses need HR policies that guide their rewards system if they are to improve employee productivity.
It is best if you involve employees in the design and implementation stages of a rewards program. This participation makes the final policy transparent and fairer.
Such representation may be direct or through proxies such as focus groups, unions, and committees.
For policy initiatives and practices to be successful at the implementation stage, an organization ought to follow the steps discussed below.
A Guide to Implement Rewards Policy Initiatives and Practices Successfully
Businesses that follow these eight steps to implement policy initiatives and practices successfully promote performance recognition and celebrate employee achievements.
Design the Policy
Step 1: From the onset, define clear objectives and arrange the proposed policy in line with company goals.
Plan the reward policy within the internal and external limits of the organization.
Step 2: Conduct a thorough needs assessment survey. At this stage, involve all the stakeholders – especially the employees – while conducting the research. Gather relevant data and use empirical methods to assess potential impacts of the proposed policy.
Step 3: Communicate the intended policy effectively. Inform the relevant government agencies, business stakeholders, policy makers, and (sometimes) the community about the new policy and its rationale.
Develop the Proposal
Step 4: Draft a well-balanced rewards structure proposal, detailing every necessary step towards successful policy implementation.
Step 5: Train everyone you plan to involve in the implementation after refining the proposal. Do capacity building for employees you intend to use as “policy ambassadors” and respected community leaders within the company.
Do
Step 6: Coordinate the financial, technological, and human resources to plug any wastage and weed out implementation inefficiency. Roll out the program. The best way is to do it in phases.
Deduce
Step 7: Once the policy goes live, constantly monitor and evaluate its progress. This is to ensure policy fairness, transparency, and consistency as per the plan. To do this, set up data collection and progress tracking mechanisms.
Use the findings to make necessary implementation adjustments to the strategy. Review is an ongoing process requiring revision and adjustments when new opportunities or challenges arise.
Step 8: Integrate the policy into the company’s daily performance management duties. Until the next policy development cycle, HR managers should ensure the initiative remains relevant and effective.
Conclusion
By following the above steps, policymakers can design and successfully launch policy initiatives and practices to achieve the intended aims.
Reference
Policy Implementation:
The Lines Between Policy Development and Implementation are Blurred.