What can be business continuity back up plans for HR Shared Services?
“In any BC plans, HR needs to be one of the first areas to be continued or recovered.
The impact of the incident requires the expertise, especially if there are people to be laid off in any way, as well as benefits questions etc. – Ray McTier Management and Technology Strategist
The impact of the incident requires the expertise, especially if there are people to be laid off in any way, as well as benefits questions etc. – Ray McTier Management and Technology Strategist
“If the HR shared services is for the internal organization, then the critical functions according to the due dates need to be analyzed and a way found to be able to function with the back up data in the same location or alternate location.
For example, there are specific due dates for payment of salary, tax deducted at source, provident funds etc. which need to be complied to. So either the option is in the case of IT disaster i.e. data not being available, employees can be paid advance salary, and PF, TDS etc, a lumpsum can be paid on the basis of previous payments which can be later adjusted.
If you are looking for other disasters also, then for each you need to determine a recovery strategy and what processes will be impacted.” – Sonia Jaspal Risk Management & Corporate Governance Consultant
For example, there are specific due dates for payment of salary, tax deducted at source, provident funds etc. which need to be complied to. So either the option is in the case of IT disaster i.e. data not being available, employees can be paid advance salary, and PF, TDS etc, a lumpsum can be paid on the basis of previous payments which can be later adjusted.
If you are looking for other disasters also, then for each you need to determine a recovery strategy and what processes will be impacted.” – Sonia Jaspal Risk Management & Corporate Governance Consultant
“Business continuity analysis may be proactive or reactive measure to the circumstances the company is presently facing.
In the recent recession my company being USA based company faced a hard time, hence they acted in a reactive manner in USA, but my entity being in the middle east (Oman to be specific) did not face much of a hammering then to we took huge proactive measures.
In the recent recession my company being USA based company faced a hard time, hence they acted in a reactive manner in USA, but my entity being in the middle east (Oman to be specific) did not face much of a hammering then to we took huge proactive measures.
Now in relation to HR shared services, the threat needs to be understood therefore I would suggest you to a detailed SWOT analysis and then relate each of the points in each of the category to the HR services. You should get a 'risk list' specific to the HR shared services out of it and register each risk by doing a qualitative analysis (how consequential the risk is, define levels for each risk) & qualitative analysis (monetary analysis). And later work out the ways to handle these risks.
After all this you should have a risk plan which will support your business continuity plan with a HR view point.
What you need to do next is monitor and control the circumstance in relation to this register and keep updating the register.” – Dinesh Singh Manager - Planning, Proposals & Sub-Contract at The Oman Construction Company
After all this you should have a risk plan which will support your business continuity plan with a HR view point.
What you need to do next is monitor and control the circumstance in relation to this register and keep updating the register.” – Dinesh Singh Manager - Planning, Proposals & Sub-Contract at The Oman Construction Company
- Thanks to all my Linkedin members for their valuable inputs.
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