3 Steps to Strategic HR

Every HR team is told to “be more strategic,” but before that can happen, leaders across the company need to understand how HR's work connects to one very important thing — employee engagement. Companies with highly engaged employees see stronger customer loyalty, higher profitability, and better employee well-being than those with low engagement.

In this infographic, we explore three steps for positioning your HR team to drive those outcomes:

• Ground HR strategy in an understanding of the business - HR leaders with cross-functional experience are far more likely to grasp business priorities, and companies with strategic HR teams are more likely to outperform competitors.
• Focus on improving employee well-being — one in three employees is distracted by their finances, impacting performance and productivity. Financial well-being services can help improve both.
• Move employees to higher-value work — office workers lose hours every week to tasks that could be handled for them. The time saved could go to learning and other meaningful responsibilities.

OneSource Virtual (OSV) helps HR make this shift by delivering payroll, benefits administration, and accounts payable services directly inside your Workday tenant. And through myFlexPay, you can do even more to directly improve engagement with earned wage access and payroll card options.

What does it take to make HR strategic?

Disengagement costs U.S. companies hundreds of billions of dollars a year. The three steps in this infographic give you a starting point for reversing it.

Download the infographic to see how you can start building a more strategic HR function.