What Is an HR Strategic Plan?
An HR strategic plan is a formal document outlining exactly how you’ll manage your people to achieve the company’s business objectives. It details your department’s overarching HR strategy, the functional steps you’ll take to reach it, and the specific metrics you’ll use to track ongoing progress.
What Is an HR Strategic Plan Template?
An HR strategic plan template is a fill-in-the-blank framework that helps you create your company’s unique plan. It gives you the structure, headings, and prompts needed to build your comprehensive plan from scratch.
A template lets you stop worrying about formatting or what to include, so you can focus your time and energy on the HR strategy itself. This is a great way to organize your big ideas into a clear, professional format that’s easy to share with company leadership.
Why Do You Need an HR Strategic Plan Template?
For HR leaders, time is a limited resource. Using our framework streamlines the planning process so you can focus on your company goals, instead of getting stuck on the administrative details. Here are some of the template’s key benefits:
- Proven Structure: No need to reinvent the wheel. A template provides a logical flow that executives and finance leaders can easily follow.
- Comprehensive Details: Think of this template as a to-do list. Using it ensures your final draft won’t be missing any important sections.
- Secure Executive Buy-In: A clear, well-organized strategic plan is easier to present and defend. It demonstrates to leaders that you have a clear, data-driven vision for HR.
What’s Inside an HR Strategic Plan?
A good strategic HR plan includes a great deal of detail, not just a list of goals. Our free downloadable template helps you create the following sections:
- Executive Summary: Think of this section as your HR strategy on a page. It’s a high-level summary you can quickly share with the C-suite.
- Business Goal: This section clearly lists the company’s main goals for the coming year or quarter. In later sections, you’ll align company objectives with HR initiatives.
- HR SWOT Analysis: An honest look at your department’s Strengths (e.g., strong managers), Weaknesses (e.g., manual processes), Opportunities (e.g., new HR tech), and Threats (e.g., high turnover in key roles).
- Strategic HR Objectives: Detail your big goals (e.g., “Improve retention by 15%”) and explain how they align with business priorities.
- Action Plan: Break down each strategic HR objective into specific tasks, owners, and timelines.
- Key Performance Indicators (KPIs) & Measurement: Which metrics will indicate your success? List the specific outcomes you’re working toward and how you’ll measure progress.
How Do You Use Paycor’s Strategic HR Plan Template?
Our free template empowers you to create a strong HR strategy. This framework is clear, effective, and easy to present to internal and external stakeholders. But making a plan is just the first step. To bring it to life, you need a way to automate the daily tasks that drive toward your strategy, track progress, and support your team along the way.
Paycor’s HCM Software is the engine that powers your plan. It gives you the tools to manage talent, run analytics, and prove your department’s value to company leadership.
Schedule a tour to power up your HR strategy.