Guide for Reducing Financial Leakage inContract Workforce Management

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glossary

Knowledge Management (HR)

Table of Contents

HR knowledge management is about gathering, storing, updating and distributing all types of HR-related information so that employees and HR departments have access to the correct information as needed. This includes everything from policy information to guidelines for processes, FAQs, templates, compliance information, employee onboarding information and other HR guidelines.

Put in simple language, HR knowledge management minimizes reliance on individuals, who must have all the knowledge by themselves. Instead, the data is systematically captured, formatted and distributed to the appropriate people.

In terms of HR, this is very relevant since employees need timely responses for common issues regarding leave, attendance, benefits, documentation, payroll, company policy or exit process.

Why HR knowledge gets scattered

In many organizations, HR information is distributed across emails, excel sheets, shared folders, PDFs containing policies, memos written by managers or verbal communication between employees. One HR professional may know about how to confirm a probation period. The other may be knowledgeable about the exact guidelines of when the payroll cutoff takes place.

This approach suits a small team, but it becomes challenging as the organization grows. The employees keep repeating the same questions. Time is taken by the HR in addressing the same issues. It takes more time for new members of the HR team to get a hold of the procedures.

What HR knowledge management includes

A good HR knowledge management process usually brings structure to:

  • Company policies and employee handbook content
  • Leave, attendance, payroll and benefits FAQs
  • Onboarding and exit process guides
  • Manager approval instructions
  • HR forms, templates and request formats
  • Compliance-related guidance and recordkeeping notes
  • Internal SOPs for HR, payroll and admin teams
  • Employee self-service help content

The purpose is not just to store documents. The content should be easy to find, easy to understand and kept updated when policies or processes change.

How it improves employee and HR experience

Since HR knowledge would be managed well, there will be no need for the employees to use the methods such as making calls and using email to ask for information. Employees will get their information easily from the right source without facing any problem.

In HR departments, it minimizes repetitive tasks and increases consistency. The same guidelines regarding leaves, payrolls documentation or orientation will be shared using the same format at all sites and among different teams.

This is when Knowledge Management converges with Employee Self-Service. A streamlined self-service process would help employees access all their documentation, requirements, policies and other details from one place, rather than through disconnected communication channels.

Key takeaway

The practice of HR knowledge management enables firms to maintain organized, available and accurate information related to human resources. In the case of expanding businesses, HR knowledge management plays an important role in providing timely support for employees, consistent procedures, easier onboarding processes and less reliance on individual employees in the HR department.

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