Human Capital Management

KAA Federal is a human capital management firm that sources the best-in-class talent that meets the requirements of federal government agencies. The firm owns a database of methods and ideas distilled from the finest minds in the space of talent management over decades. These insights, in combination with our expertise in human capital management, help us provide government agencies with time-tested and measurable strategies to retain talent. Our mission is to help the government agency achieve their goals toward nation building activities.

What is Human Capital Management ?

Human capital management (HCM) is a set of management practices that are used to manage people or human capital. It converts the traditional functions of human resources (HR), namely, recruiting, training, payroll, compensation, and performance management, into remarkable opportunities to drive engagement, productivity, and value. It offers a different lens on the workforce as it considers it as an asset whose value can be maximized through strategic investment and management.

What are the elements of human capital management?

Human capital management constitutes of administrative and strategic elements that include:

  • Recruitment
  • Onboarding
  • Payroll
  • Time and attendance
  • Benefits and retirement services
  • Talent management
  • Training
  • Reporting and analytics
  • Compliance

Benefits of human capital management

Our practices of human capital management have a direct impact on workforce productivity. They can also help the federal agencies hire, engage, and retain the workforce more effectively.

Capabilities

Recruitment/Staffing

We develop and implement recruitment strategies to attract qualified and diverse candidates who are more likely to sign on the dotted line. Once we enlist the right candidates, we onboard them to Government agencies and get them up-to-speed with our strategically developed programs.

Position Management/Classification

As a part of position management, we carefully design a position structure that maps the skills and roles of employees in order to carry out the agency’s mission. We also undertake job classification, which is an objective and accurate way of defining and evaluating the duties, responsibilities, tasks, and accountability level of a job.

Compensation Management

Compensation management is an HR discipline based on which we apply a systematic approach to compensate the workforce in a fair, logical, and sustainable manner. We have been recognized in the marketplace to create equitable and sound compensation policies that help the federal agencies retain top-quality talent.

Benefits Counseling/ Administration

We work with the Government to develop suitable employee benefits that drive engagement, reinforce accountability and responsibility while ensuring that their specific circumstances are better managed to reduce absence.

HR Policy/Program Development & Evaluation

We help the government agency develop and implement its HR policies such as hiring, disciplinary conduct, workplace violence, etc. We offer consultation services for not only HR policy development but also policy implementation and evaluation.

Workforce Development & Strategic Planning

We innovatively develop the workforce by creating specific and measurable programs and even evaluate them by analyzing their impact upon a government agency. We facilitate strategic workforce planning and not only see to it that the agency is never overstaffed or understaffed at any point in time but also that the right workforce is manning the right roles in the system.

Retirement Counseling

We offer personalized retirement advice by taking into account the individual’s unique needs. We help the workforce resolve any challenges pertaining to pending claims and miscalculations. Other than explaining complex retirement plan publications and forms, we address questions about pension laws and provide referrals to lawyers and actuaries as needed.

Labor/Employee Relations

We establish and maintain effective relationships with labor organizations that represent the workforce of a federal agency, negotiate, and administer labor agreements for the smooth functioning of the system.

Document & Records Management

Using our document and records management services, the federal agency would be able to supply records pertinent to an official inquiry without having to bear a lot of discovery costs or disrupting routine business functions. Our best business practices help reduce storage loads and protect against any legal proceedings. Further, we help the agency ensure that the records are disposed of across the organization when any regulation changes.

Executive Services

Executive Services are the principal duties and responsibilities that the Executive performs on behalf of the Company during their employment. We manage the administrative tasks that involve employee compensation, benefits, education, and motivation.

FAQ’s

How do you build human capital?

Building human capital requires that you invest in your workforce. You can do this by:

  • Hiring talented individuals for open positions
  • Monitoring their performance regularly
  • Enhancing their skills with ongoing training and education
  • Retaining them with competitive pay, benefits and other incentives
What are the functions of human capital management?

Human Capital Management covers the basic functions of HR – payroll, time and attendance, and benefits administration – as well as aspects of workforce management, such as employee training, engagement and retention, and compliance.

What are the objectives of human capital management?

The objectives of HCM are to enable strategic growth, empower employees, provide a conducive work environment, manage attrition and connect people and workflows in ways that support daily operations.